Back to Search
Brooklyn Two-Family Home with Parking

1433 83rd Street Brooklyn, NY 11228

1433 83rd Street, Brooklyn, NY, 11228
$1,359,000
For Sale
Claim this Listing
$1,359,000

MULTI_FAMILY - Brooklyn, NY

Property Size1,938 SF
Lot Size0.04 Acres
Price / SF$701.24
AddedMay 27
Days on Market50
Last RefreshJul 15 at 11:06 pm

Property Features for 1433 83rd Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 3
Interior features
A/C Unit - Window, Dishwasher, Dryer, Microwave, Refrigerator, Washer
Standard status
Active
Size
1,938 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
9672

Building Details

Year built
1950
Floors in Building
3
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Rubber, Flat
Architectural style
Other

Listing agent Karla Ng Mok License #KNM9509

Listing office Century 21 Realty First 6806 18th Avenue, Brooklyn, NY

Listing date May 27, 2026

MLS# 501765 Listing URL

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 brick two-family home is located in the desirable Dyker Heights neighborhood of Brooklyn. The property sits on a 19 ft x 100 ft lot, with a building size of 19 ft x 34 ft. The first floor features a one-bedroom apartment, suitable for rental income. The main duplex includes 3 bedrooms and 1.5 baths, with direct access to the backyard. The backyard is ideal for entertaining. The property also includes a community driveway with designated parking space for at least two cars. The location offers convenient access to supermarkets and convenience stores on 86th Street and 13th Avenue. Express buses and the D train at 79th Street are also nearby. The property will be delivered vacant.

Key Highlights

  • Brick 2‑family home with a 19 ft x 100 ft lot and building size 19 ft x 34 ft
  • First‑floor 1‑bedroom apartment, delivered vacant
  • Main duplex features 3 bedrooms and 1.5 baths with direct backyard access

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 $98.8k $51.00
− Vacancy −$1.9k −$0.97
EGI $97.0k $50.03
− OpEx −$29.1k −$15.01
NOI $67.9k $35.02
1,938 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$969.6K
$848.4K – $1.13M (±1% cap)
NOI $67,872 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$845.2K
$739.6K – $986.1K (±1% cap)
NOI $59,165 @ 7.0% cap · market cap 4.35%
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,326 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Nursing Home Catering Service Nursing Home Acupuncture Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family home in Dyker Heights with parking and backyard.
Where is this duplex located?
The property is located at 1433 83rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,359,000.
What are key features of this property?
This property features: Brick 2‑family home with a 19 ft x 100 ft lot and building size 19 ft x 34 ft; First‑floor 1‑bedroom apartment, delivered vacant; Main duplex features 3 bedrooms and 1.5 baths with direct backyard access
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message