Detached Duplex with
New
For Sale
$1,628,000
2061 80th Street, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size1,940 SF
Lot Size0.07 Acres
Price / SF$839.18
Days on Market3
Property Features for 2061 80th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 4
Parking features
Garage - Detached
Interior features
A/C Unit - Wall, Garage Door Opener(s), Laundry Area, Stove
Basement
Finished
Subdivision
Bensonhurst
Standard status
Active
Size
1,940 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
9629
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Tile, Parquet Wood
Building materials
Wood Frame
Roof type
Shingle
Listing Agency:
Ben Bay Realty Co of Bay Ridge
(718) 238-6080
Listed By:
Anthony Mussolino · License #AM4485
(718) 238-6080
Added: Aug 20
Changed: Aug 22
Last Checked: Aug 22 at 6:06PM
MLS# 503885
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 fully detached duplex sits on a 30' x 100' lot and provides three bedrooms over three bedrooms, offering a two-family configuration with full possession at closing. The home includes a full semi-finished basement with a side entrance, modern bathrooms, replacement windows throughout, gas heat and hot water, wall-mounted A/C, a laundry area, parquet and tile flooring, and a shingle roof. The 1,940-square-foot residence was built in 1925, with a 20' x 52' building footprint.
A shared driveway leads to a detached garage, with three total parking spaces. The property is located near shopping, schools, and public transportation in Brooklyn's 11214 ZIP code. R5 zoning applies.
A shared driveway leads to a detached garage, with three total parking spaces. The property is located near shopping, schools, and public transportation in Brooklyn's 11214 ZIP code. R5 zoning applies.
Key Highlights
- Fully detached two‑family home with three bedrooms over three bedrooms
- 1,940 square feet on a 30' x 100' lot
- Full semi‑finished basement with side entrance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,913
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,058,260
$1.1M
Cap Rate 7%
$755,900
$755.9K
Cap Rate 9%
$587,922
$587.9K
Market Conditions
NOI Build-Up for 1,940 SF
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.
Gross rent
$79.2K $40.80/SF
− Vacancy
−$3.6K −$1.84/SF
EGI
$75.6K $38.96/SF
− OpEx
−$22.7K −$11.69/SF
NOI
$52.9K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,058,260
Cap Rate 7%
$755,900
Cap Rate 9%
$587,922
Alternative Uses
Best Use
Multifamily LT 5
$755.9K
$661.4K – $881.9K
NOI $52,913 @ 7.0% cap · market cap 3.25%
Second Best
Apartment 5plus
$677.5K
$592.8K – $790.4K
NOI $47,422 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.13M
$990.2K – $1.32M
NOI $79,219 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,504
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences include a semi-finished basement, updated baths, replacement windows, and gas-fired heating and hot water.
Where is this duplex located?
The property is located at 2061 80th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,628,000.
What are key features of this property?
This property features: Fully detached two‑family home with three bedrooms over three bedrooms; 1,940 square feet on a 30' x 100' lot; Full semi‑finished basement with side entrance
