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Two-Family Brick Home

4215 Bedford Avenue Brooklyn, NY 11229

New
4215 Bedford Avenue, Brooklyn, NY, 11229
$1,455,000
For Sale
Claim this Listing
$1,455,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,600 SF
Lot Size0.06 Acres
Price / SF$559.62
AddedJul 12
Days on Market3
Last RefreshJul 14 at 2:06 pm

Property Features for 4215 Bedford Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 4, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 1
Interior features
A/C Unit
Basement
Finished
Standard status
Active
Size
2,600 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
11799

Building Details

Number of units
2
Flooring type
Tile, Hardwood

Listing agent Stephanie Dong Chin

Listing office New World Realty Group LLC 2074 E 14th St, Brooklyn, NY

Listing date Jul 12, 2026

MLS# 502972 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.

4215 Bedford Avenue is an extra-large two-family semi-detached brick home arranged with four bedrooms on each floor. The property includes a full-length finished basement, providing additional usable space along with storage. A shared driveway supports vehicle access, and the home also features a detached two-car garage.

The property sits on a 25' x 100' lot. It is described as being located near public transportation, schools, shopping, and restaurants.

With a 20' x 65' building footprint, this residence offers a straightforward two-unit layout and expanded interior space through the finished basement, suitable for owners seeking a well-configured residential income property.

Key Highlights

  • Extra‑large two‑family semi‑detached brick home on a 25' x 100' lot
  • Building size includes 20' x 65' footprint
  • Four bedrooms on each floor (8 bedrooms total) with multiple bathrooms (Bathrooms 1‑4)

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 $132.6k $51.00
− Vacancy −$2.5k −$0.97
EGI $130.1k $50.03
− OpEx −$39.0k −$15.01
NOI $91.1k $35.02
2,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,056 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$1.13M
$992.2K – $1.32M (±1% cap)
NOI $79,375 @ 7.0% cap · market cap 5.46%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,696 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Hotel & Motel Real Estate Agency Bar & Pub Nursing Home Nursing Home Catering Service Grocery & Convenience Store Bed & Breakfast Auto Parts Store

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

FAQs

What type of property is this?
Duplex - Extra-large semi-detached two-family brick home with four bedrooms per floor and a finished full-length basement.
Where is this duplex located?
The property is located at 4215 Bedford Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,455,000.
What are key features of this property?
This property features: Extra‑large two‑family semi‑detached brick home on a 25' x 100' lot; Building size includes 20' x 65' footprint; Four bedrooms on each floor (8 bedrooms total) with multiple bathrooms (Bathrooms 1‑4)
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