Brooklyn Two-Family House with
1966 W 8th Street Brooklyn, NY 11223
For Sale
$1,380,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,600 SF
Lot Size0.05 Acres
Price / SF$862.50
Days on Market113
Property Features for 1966 W 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 2
- Parking features
- Carport
- Interior features
- Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6872
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Block
- Roof type
- Flat
Listing Agency:
E House Realty & Mgt. Inc
(718) 551-4795
Listed By:
Mingqin Sun
(718) 680-2776
Added: Apr 2
Changed: Jul 9
Last Checked: Jul 23 at 10:06PM
MLS# 500171
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 well-maintained legal two-family home in Brooklyn offers investment and living opportunities. The property includes a legal front parking space. The building size is 16 feet by 50 feet, situated on a lot measuring 20 feet by 100 feet. The annual property tax is $6,872. The first floor features 2 bedrooms and 1 living room. The second floor includes 3 bedrooms and 1 living room. The basement is finished with a separate entrance and contains 1 bedroom and 1 living room. Located 3 minutes from the N and R train, this property is suitable for end-users and investors looking to live in one unit while generating rental income from the others. The property size is 1600 square feet and the lot size is 0.0459 acres.
Key Highlights
- Legal two‑family home with front parking and a finished basement with separate entrance
- Building size 16 x 50 on a 20 x 100 lot
- First floor: 2 bedrooms and 1 living room
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 | $81.6k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $80.0k | $50.03 |
| − OpEx | −$24.0k | −$15.01 |
| NOI | $56.0k | $35.02 |
1,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$800.5K
$700.4K – $933.9K
NOI $56,035 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$697.8K
$610.6K – $814.1K
NOI $48,846 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.55M
NOI $92,736 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Legal two-family home with parking, near N and R train.
Where is this duplex located?
The property is located at 1966 W 8th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Legal two‑family home with front parking and a finished basement with separate entrance; Building size 16 x 50 on a 20 x 100 lot; First floor: 2 bedrooms and 1 living room
