Brooklyn Two-Family
20 Pilling Street Brooklyn, NY 11207
20 Pilling Street, Brooklyn, NY, 11207
$1,249,000
For Sale
$1,249,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,700 SF
Lot Size0.05 Acres
Price / SF$462.59
Days on Market94
Property Features for 20 Pilling Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3610
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Flat
Listing Agency
Ben Bay Realty Co of Bay Ridge
(718) 238-6080
8418 3rd Ave, Brooklyn, NY
Listed by
Charles A. Fabbella
(718) 680-6442
Added: Apr 15 Checked: Jul 17 at 4:06 pm
MLS# 500534
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.
Investment Insights
Based on property information with market context.
This multi-family property is located in the Bushwick area of Brooklyn, New York. The property is a two-family home with three stories. It features a lot size of 0.0459 acres and is zoned R6. The building has a footprint of 20 x 45, offering 2,700 square feet of living space, complemented by a full, unfinished basement. The property includes a backyard.
Key Highlights
- Two‑family home with 3 stories on a 20 x 100 lot in Bushwick, Brooklyn
- R6 zoning; 20 x 45 home with 2,700 sq ft living area plus full unfinished basement
- Built in 1905 with wood frame construction
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 | $137.7k | $51.00 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $135.1k | $50.03 |
| − OpEx | −$40.5k | −$15.01 |
| NOI | $94.6k | $35.02 |
2,700 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.58M
NOI $94,559 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,428 @ 7.0% cap · market cap 6.60%
Theoretical Best
Specialty Retail
$2.24M
$1.96M – $2.61M
NOI $156,492 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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Hotel & Motel
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FAQs
What type of property is this?
Duplex - Two-family home in prime Bushwick, Brooklyn, investor-friendly.
Where is this duplex located?
The property is located at 20 Pilling Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Two‑family home with 3 stories on a 20 x 100 lot in Bushwick, Brooklyn; R6 zoning; 20 x 45 home with 2,700 sq ft living area plus full unfinished basement; Built in 1905 with wood frame construction
