Two-Unit Brick Townhouse with
For Sale
$1,995,000
151 14th Street, Brooklyn, NY 11215
MULTI_FAMILY - Brooklyn, NY
Property Size1,960 SF
Lot Size0.05 Acres
Price / SF$1,017
Days on Market58
Property Features for 151 14th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Patio and Porch features
Patio
Interior features
Dishwasher, Patio Garden, Refrigerator, Stove
Basement
Finished, Full
Subdivision
Park Slope
Standard status
Active
Size
1,960 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5118
Building Details
Year built
1899
Floors in Building
2
Number of units
2
Flooring type
Ceramic, Hardwood, Laminate
Building materials
Brick
Roof type
Flat
Listing Agency:
Bellmarc
(718) 768-4500
Listed By:
Gamal Hasan
(718) 768-4500
Added: Jun 10
Changed: Aug 3
Last Checked: Aug 6 at 2:06AM
MLS# 502193
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.
151 14th Street is a two-family brick townhouse currently configured as two well-defined units. The first-level unit has a four-room layout with one bedroom and one full bath, with direct access to a private patio and rear garden. The upper-level unit also has four rooms, with two bedrooms and one full bath. A full basement offers both interior and exterior access and can support storage, recreation, or workspace needs.
The property sits on a 20 x 100 lot and is zoned R6B. The lot size is 0.0459 acres, and the property size is 1,960 SF. The listing notes approximately 4,000 buildable square feet, supporting possibilities for expansion, reconfiguration, or development.
Built in 1899, the home includes features such as a patio, and interior finishes including hardwood, laminate, and ceramic flooring. Convenient subway access is described near the 4th Avenue-9th Street (F/G) and Prospect Avenue (R) stations, with Prospect Park and nearby dining and shopping also noted.
The property sits on a 20 x 100 lot and is zoned R6B. The lot size is 0.0459 acres, and the property size is 1,960 SF. The listing notes approximately 4,000 buildable square feet, supporting possibilities for expansion, reconfiguration, or development.
Built in 1899, the home includes features such as a patio, and interior finishes including hardwood, laminate, and ceramic flooring. Convenient subway access is described near the 4th Avenue-9th Street (F/G) and Prospect Avenue (R) stations, with Prospect Park and nearby dining and shopping also noted.
Key Highlights
- Two‑family brick townhouse with private patio and expansive rear garden
- First‑level unit: four rooms with one bedroom and one full bath plus patio access
- Upper‑level unit: four rooms with two bedrooms and one full bath
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 | $100.0k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $98.1k | $50.03 |
| − OpEx | −$29.4k | −$15.01 |
| NOI | $68.6k | $35.02 |
1,960 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$980.6K
$858.0K – $1.14M
NOI $68,643 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$854.8K
$748.0K – $997.3K
NOI $59,837 @ 7.0% cap · market cap 3.00%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,602 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,816
Businesses Nearby
Explore this area
Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit brick townhouse with private patio and rear garden on R6B-zoned lot near subway access.
Where is this duplex located?
The property is located at 151 14th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two‑family brick townhouse with private patio and expansive rear garden; First‑level unit: four rooms with one bedroom and one full bath plus patio access; Upper‑level unit: four rooms with two bedrooms and one full bath
