Renovated Two-Bedroom
For Sale
$549,000
14A Mesereau Court, Brooklyn, NY 11235
Residential, Duplex, Brooklyn, NY
Property Size864 SF
Lot Size0.03 Acres
Price / SF$635.42
Days on Market51
Property Features for 14A Mesereau Court
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Interior features
A/C Unit - Window, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Subdivision
Sheepshead Bay
Standard status
Active
Size
864 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
3798
Amenities
washer and dryer
hardwood floors
Building Details
Year built
2012
Floors in Building
2
Flooring type
Tile, Laminate
Roof type
Shingle
Architectural style
Other
Listing Agency:
Century 21 Realty First
Listed By:
Giulia Prestia
(718) 758-5838
Added: Jul 22
Changed: Sep 6
Last Checked: Sep 10 at 1:06PM
MLS# 503209
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 864-square-foot duplex at 14A Mesereau Court includes two bedrooms, two bathrooms, laundry equipment, and a practical residential layout. Interior features include hardwood flooring, tile and laminate surfaces, a dishwasher, microwave, refrigerator, stove, washer, dryer, and window-mounted air conditioning. The property was built in 2012 and carries R4-1 zoning.
Set on a 0.0284-acre lot along a private street in Sheepshead Bay, the home is near Emmons Avenue, transportation, shopping, restaurants, and the waterfront. The property is identified within Brooklyn’s 11235 postal area and includes a shingle roof.
Set on a 0.0284-acre lot along a private street in Sheepshead Bay, the home is near Emmons Avenue, transportation, shopping, restaurants, and the waterfront. The property is identified within Brooklyn’s 11235 postal area and includes a shingle roof.
Key Highlights
- 864‑square‑foot duplex on a 0.0284‑acre lot
- Two bedrooms and two bathrooms
- Built in 2012 with R4‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,259
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,180
$605.2K
Cap Rate 7%
$432,271
$432.3K
Cap Rate 9%
$336,211
$336.2K
Market Conditions
NOI Build-Up for 864 SF
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.
Gross rent
$44.1K $51.00/SF
− Vacancy
−$837 −$0.97/SF
EGI
$43.2K $50.03/SF
− OpEx
−$13.0K −$15.01/SF
NOI
$30.3K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,180
Cap Rate 7%
$432,271
Cap Rate 9%
$336,211
Alternative Uses
Best Use
Multifamily LT 5
$432.3K
$378.2K – $504.3K
NOI $30,259 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$376.8K
$329.7K – $439.6K
NOI $26,377 @ 7.0% cap · market cap 4.80%
Theoretical Best
Specialty Retail
$715.4K
$626.0K – $834.6K
NOI $50,077 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,472
Businesses Nearby
Explore this area
Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Residential duplex with laundry, kitchen appliances, hardwood flooring, and window air conditioning in Sheepshead Bay.
Where is this duplex located?
The property is located at 14A Mesereau Court Brooklyn, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 864‑square‑foot duplex on a 0.0284‑acre lot; Two bedrooms and two bathrooms; Built in 2012 with R4‑1 zoning
