Two-Family Detached
3724 Laurel Avenue Brooklyn, NY 11224
3724 Laurel Avenue, Brooklyn, NY, 11224
$879,000
For Sale
$879,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,912 SF
Lot Size0.07 Acres
Price / SF$459.73
Days on Market135
Property Features for 3724 Laurel Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-1
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Garage - Detached
- Interior features
- A/C Unit - Wall, Dryer, Microwave, Refrigerator, Stove, Washer
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,912 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6647
Building Details
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Block, Wood Frame
- Roof type
- Shingle
Listing agency
Winzone Realty Inc
(718) 676-6611
Listed by
Iuliana B. Golimaz
(718) 676-6611
Added: Mar 10 Updated: Jul 20 at 5:03AM Checked: Jul 22 at 6:06AM
MLS# 499479
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 is an exceptional two-family detached home in a private Seagate community, presented as a flexible setup with four separate entrances. The first-floor unit includes a bright living room, three bedrooms, a full kitchen, and access to a finished basement with a bathroom and laundry area. The second-floor unit features an oversized living room, kitchen, two bedrooms, and both front and rear porches.
The property also includes a private driveway with parking for four cars, a two-car detached garage, and a side yard with a pool. Recent updates noted include a roof replacement from 4 years ago and a hot water heater that is 5 years old.
Each unit offers its own layout and outdoor space, supported by the multiple entrances and the finished basement amenities on the lower level.
The property also includes a private driveway with parking for four cars, a two-car detached garage, and a side yard with a pool. Recent updates noted include a roof replacement from 4 years ago and a hot water heater that is 5 years old.
Each unit offers its own layout and outdoor space, supported by the multiple entrances and the finished basement amenities on the lower level.
Key Highlights
- Two‑family detached home in the private Seagate community with 24/7 security on a 3,200 sq ft lot
- 4 separate entrances plus first‑floor and second‑floor layouts for flexible living or potential rental use
- First‑floor unit: bright living room, 3 bedrooms, full kitchen, and access to a finished basement with bathroom and laundry area
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 | $97.5k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $95.7k | $50.03 |
| − OpEx | −$28.7k | −$15.01 |
| NOI | $67.0k | $35.02 |
1,912 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$956.6K
$837.0K – $1.12M
NOI $66,961 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$833.9K
$729.6K – $972.9K
NOI $58,371 @ 7.0% cap · market cap 6.64%
Theoretical Best
Specialty Retail
$1.58M
$1.39M – $1.85M
NOI $110,820 @ 7.0% cap · market cap 12.61%
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 - Well-maintained two-family detached property with four separate entrances, basement laundry access, and outdoor space including driveway and garage.
Where is this duplex located?
The property is located at 3724 Laurel Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Two‑family detached home in the private Seagate community with 24/7 security on a 3,200 sq ft lot; 4 separate entrances plus first‑floor and second‑floor layouts for flexible living or potential rental use; First‑floor unit: bright living room, 3 bedrooms, full kitchen, and access to a finished basement with bathroom and laundry area
