Solid Brick One-Family
1593 Independence Avenue Brooklyn, NY 11228
For Sale
$899,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,488 SF
Lot Size0.04 Acres
Price / SF$604.17
Days on Market73
Property Features for 1593 Independence Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking features
Garage - Detached
Basement
Full, Finished
Standard status
Active
Size
1,488 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
9214
Building Details
Year built
1960
Floors in Building
2
Architectural style
Other
Listing Agency:
RE/MAX Edge
(718) 612-3088
Listed By:
Dazhi (Simon) Su
(718) 612-3088
Added: May 19
Changed: Jul 5
Last Checked: Jul 30 at 5:06AM
MLS# 501587
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.
Solid brick one-family home located at 1593 Independence Avenue in Brooklyn, NY. The property includes a community driveway and a detached garage, with an overall building size of 1,488 square feet and a lot size of 0.0405 acres, according to the provided information.
The home is described as being in Dyker Heights/Bath Beach, within Kings County. The property is listed under R4 zoning and is being sold for an annual property tax amount of $9,214, per the remarks provided.
The home is described as being in Dyker Heights/Bath Beach, within Kings County. The property is listed under R4 zoning and is being sold for an annual property tax amount of $9,214, per the remarks provided.
Key Highlights
- Solid brick one‑family home in Dyker Heights/Bath Beach
- House size: 16 x 31 (per listing)
- Lot size: 16 x 106 (per listing)
Financial Insights For Apartment 5plus
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 | $84.3k | $56.64 |
| − Vacancy | −$1.7k | −$1.13 |
| EGI | $82.6k | $55.51 |
| − OpEx | −$37.2k | −$24.98 |
| NOI | $45.4k | $30.53 |
1,488 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$649.0K
$567.8K – $757.1K
NOI $45,427 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.44M
NOI $86,244 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Single family property - Solid brick one-family home with a community driveway and detached garage, offered for sale in Brooklyn’s R4 zoning.
Where is this single family property located?
The property is located at 1593 Independence Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Solid brick one‑family home in Dyker Heights/Bath Beach; House size: 16 x 31 (per listing); Lot size: 16 x 106 (per listing)
