Residential Income
1652 W 8th Street Brooklyn, NY 11223
1652 W 8th Street, Brooklyn, NY, 11223
$1,790,000
For Sale
$1,790,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,480 SF
Lot Size0.05 Acres
Price / SF$721.77
Days on Market161
Property Features for 1652 W 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch
- Interior features
- Porch, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 2,480 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4345
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Parquet Wood, Ceramic
- Building materials
- Brick
- Roof type
- Flat
Listing agency
Capital Home Realty Inc
(718) 373-8838
Listed by
Austin Luo
(718) 373-8838
Added: Feb 11 Updated: Jul 11 at 6:35PM Checked: Jul 22 at 1:06PM
MLS# 498988
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.
1652 W 8th Street is a duplex-style residential income property offered for sale in an R4-1 zoning district. The home features a practical layout with generous living space and abundant natural light, providing flexibility for end-users as well as investors. It is suitable for buyers looking to move in as-is, or renovate and customize the interior to fit their needs.
Located on a residential block in Brooklyn’s Bensonhurst area, the property benefits from close access to multiple subway lines. The D, F, and N trains are described as nearby, supporting convenient travel throughout Brooklyn and into Manhattan. The surrounding area includes everyday amenities such as shopping corridors, restaurants, schools, and parks.
For prospective tenants, buyers, or operators, this property’s duplex configuration and livable natural-light layout can support a range of residential uses depending on the buyer’s plan. Because the listing emphasizes both move-in convenience and the option to renovate, it may appeal to those seeking a residential income asset with room to personalize, within a well-established neighborhood setting.
Located on a residential block in Brooklyn’s Bensonhurst area, the property benefits from close access to multiple subway lines. The D, F, and N trains are described as nearby, supporting convenient travel throughout Brooklyn and into Manhattan. The surrounding area includes everyday amenities such as shopping corridors, restaurants, schools, and parks.
For prospective tenants, buyers, or operators, this property’s duplex configuration and livable natural-light layout can support a range of residential uses depending on the buyer’s plan. Because the listing emphasizes both move-in convenience and the option to renovate, it may appeal to those seeking a residential income asset with room to personalize, within a well-established neighborhood setting.
Key Highlights
- Brick home built in 1930 with a flat roof
- Layout includes 6 bedrooms and 3 bathrooms
- Porch included
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 | $126.5k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $124.1k | $50.03 |
| − OpEx | −$37.2k | −$15.01 |
| NOI | $86.9k | $35.02 |
2,480 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,854 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$1.08M
$946.4K – $1.26M
NOI $75,712 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.40M
NOI $143,741 @ 7.0% cap · market cap 8.03%
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 - Duplex-style residential income property in a Brooklyn R4-1 zone with generous living space and convenient subway access.
Where is this duplex located?
The property is located at 1652 W 8th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Brick home built in 1930 with a flat roof; Layout includes 6 bedrooms and 3 bathrooms; Porch included
