Two-Family Residential Income
1382 E 15th Street Brooklyn, NY 11230
1382 E 15th Street, Brooklyn, NY, 11230
$1,499,000
For Sale
$1,499,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,800 SF
Lot Size0.05 Acres
Price / SF$535.36
Days on Market15
Property Features for 1382 E 15th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 3
- Interior features
- Refrigerator, Stove
- Basement
- Unfinished
- Standard status
- Active
- Size
- 2,800 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9193
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Carpet, Hardwood
- Building materials
- Wood Frame
- Roof type
- Shingle
Listing agency
Behfar Team, LLC
(347) 988-2526
Listed by
Karen Behfar
(347) 988-2526
Added: Jul 7 Checked: Jul 21 at 12:06PM
MLS# 502802
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family home at 1382 E 15th Street features two self-contained apartments with thoughtfully separated living areas. The first floor includes a bright living room flowing into the dining room, a kitchen nearby, two bedrooms, a full bathroom, and washer and dryer, with direct access to the backyard. A front sunroom welcomes you at entry, and the level offers high ceilings and two spacious closets. The second-floor apartment has its own living and dining spaces, a kitchen, two bedrooms, and two bathrooms, including an additional half bathroom, plus in-unit washer and dryer. A door from the upper level leads to a flat roof, providing added flexibility.
The property is zoned R4-1. Beyond the main floors, the basement adds additional usable space, including a bathroom and convenient access from both the front and rear of the home, which can support a variety of everyday needs.
As a for-sale residential income property, the layout supports an owner-occupant strategy or separate tenancy with clear apartment separation and laundry convenience in both units. The backyard access from the first floor and the option to use the flat roof area can also be appealing to tenants looking for more than just interior space, while the basement provides extra room to accommodate storage or other functional use. Schedule a private tour to review the full configuration in person.
The property is zoned R4-1. Beyond the main floors, the basement adds additional usable space, including a bathroom and convenient access from both the front and rear of the home, which can support a variety of everyday needs.
As a for-sale residential income property, the layout supports an owner-occupant strategy or separate tenancy with clear apartment separation and laundry convenience in both units. The backyard access from the first floor and the option to use the flat roof area can also be appealing to tenants looking for more than just interior space, while the basement provides extra room to accommodate storage or other functional use. Schedule a private tour to review the full configuration in person.
Key Highlights
- Two‑family home with two separate apartments, each with living room, dining area, and kitchen
- Built in 1925 with wood‑frame construction and shingle roof
- Interior includes refrigerator and stove, plus tile, carpet, and hardwood flooring
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.8k | $51.00 |
| − Vacancy | −$2.7k | −$0.97 |
| EGI | $140.1k | $50.03 |
| − OpEx | −$42.0k | −$15.01 |
| NOI | $98.1k | $35.02 |
2,800 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.63M
NOI $98,061 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,481 @ 7.0% cap · market cap 5.70%
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.70M
NOI $162,288 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate apartments with in-unit laundry, a backyard connection, and additional usable basement space under R4-1 zoning.
Where is this duplex located?
The property is located at 1382 E 15th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two‑family home with two separate apartments, each with living room, dining area, and kitchen; Built in 1925 with wood‑frame construction and shingle roof; Interior includes refrigerator and stove, plus tile, carpet, and hardwood flooring
