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    Brooklyn Two-Family Brick Home Title is generated by Realmo AI

    1802 Stuart Street, Brooklyn, NY 11229

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    Claim this Listing
    For Sale
    $995,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,460 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $404/SF
    Added:
    Mar 2, 2026
    Days on Market:
    100
    Last Refresh:
    Jun 10 at 11:06 pm

    Property Features for 1802 Stuart Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2
    Parking features
    Garage - Detached
    Interior features
    Laundry Area, Terrace
    Basement
    Finished, Full
    Standard status
    Active
    Size
    2,460 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    9431

    Building Details

    Year built
    1950
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Hardwood, Carpet
    Building materials
    Block, Brick
    Roof type
    Flat

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    Listing Contact
    Mei Hua (Michelle) Dong

    Listing agent Mei Hua (Michelle) Dong License #10401364256

    Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

    Listing date Mar 2, 2026

    MLS# 499216 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.

    HighLights

    • Two‑family semi‑detached brick home in Brooklyn with flat roof
    • Main unit includes spacious living and dining room plus eat‑in kitchen, half bath, and laundry area
    • Upper level features 4 bedrooms and a full bath
    • Second unit has 1 large bedroom and a full bathroom
    • Includes access from kitchen to a back‑yard terrace and a private detached 1‑car garage
    • Lot size 20 x 100; property size 20 x 41; built in 1950

    Overview

    Located in the Marine Park area of Brooklyn, this well-maintained, semi-detached two-family brick home offers two residential units. The main unit features a spacious living room and dining room, an eat-in kitchen, a half bathroom, and a laundry area. The kitchen provides access to the backyard terrace and garage. The upper level includes four bedrooms and a full bath, with multiple windows providing natural light. The second unit is a one-bedroom apartment with a full bathroom. A private one-car garage accommodates up to two cars. The property's semi-detached structure provides additional light, privacy, and outdoor space. Suited for both investors and end-users, the property offers the option to live in one unit and rent the other. The property is conveniently located near shopping, restaurants, schools, parks, places of worship, and public transportation. The lot size is 20 x 100, and the property size is 20 x 41, totaling 2460 square feet.

    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 $125.5k $51.00
    − Vacancy −$2.4k −$0.97
    EGI $123.1k $50.03
    − OpEx −$36.9k −$15.01
    NOI $86.2k $35.02
    2,460 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.23M
    $1.08M – $1.44M (±1% cap)
    NOI $86,153 @ 7.0% cap · market cap 8.66%
    Second Best
    Apartment 5plus
    $1.07M
    $938.8K – $1.25M (±1% cap)
    NOI $75,101 @ 7.0% cap · market cap 7.55%
    Theoretical Best
    Specialty Retail
    $2.04M
    $1.78M – $2.38M (±1% cap)
    NOI $142,582 @ 7.0% cap · market cap 14.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.941647
    Latitude
    40.608518

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home in desirable Marine Park neighborhood.
    Where is this duplex located?
    The property is located at 1802 Stuart Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Two‑family semi‑detached brick home in Brooklyn with flat roof; Main unit includes spacious living and dining room plus eat‑in kitchen, half bath, and laundry area; Upper level features 4 bedrooms and a full bath
    More about this property
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