Semi-Detached Residential
For Sale
$549,000
4510 Clarendon Road, Brooklyn, NY 11203
SINGLE_FAMILY - Brooklyn, NY
Property Size1,440 SF
Lot Size0.05 Acres
Price / SF$381.25
Days on Market105
Property Features for 4510 Clarendon Road
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Parking features
Garage - Detached
Interior features
A/C Unit, Microwave, Refrigerator, Stove, Window Treatments
Basement
Finished
Subdivision
East Flatbush
Standard status
Active
Size
1,440 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5946
Building Details
Year built
1930
Floors in Building
2
Flooring type
Carpet, Hardwood
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Peerless Properties Corp.
(718) 368-3305
Listed By:
Richard Dinerman · License #35DIO767533
(718) 368-3305
Added: May 4
Changed: Aug 3
Last Checked: Aug 16 at 5:06PM
MLS# 501130
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 semi-detached 1-family home is situated on a small lot and includes a carport and detached garage. The property is occupied and is being sold in as-is condition.
The home is located in East Flatbush, Brooklyn, near shopping, schools, and transit. No interior access will be provided, and prospective buyers are instructed not to disturb the occupants.
The property is identified with zoning R4. It is offered with the understanding that it will not be delivered vacant.
The home is located in East Flatbush, Brooklyn, near shopping, schools, and transit. No interior access will be provided, and prospective buyers are instructed not to disturb the occupants.
The property is identified with zoning R4. It is offered with the understanding that it will not be delivered vacant.
Key Highlights
- 1930 semi‑detached 1‑family home in East Flatbush, Brooklyn
- Detached garage plus carport for parking
- Interior features include A/C unit, microwave, refrigerator, stove, and window treatments
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
$43,962
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
8.01%
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%
$879,240
$879.2K
Cap Rate 7%
$628,029
$628.0K
Cap Rate 9%
$488,467
$488.5K
Market Conditions
NOI Build-Up for 1,440 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
$81.6K $56.64/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$79.9K $55.51/SF
− OpEx
−$36.0K −$24.98/SF
NOI
$44.0K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
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%
$879,240
Cap Rate 7%
$628,029
Cap Rate 9%
$488,467
Alternative Uses
Best Use
Apartment 5plus
$628.0K
$549.5K – $732.7K
NOI $43,962 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,462 @ 7.0% cap · market cap 15.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,804
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Semi-detached 1-family home with a carport and detached garage sold as-is while occupied.
Where is this single family property located?
The property is located at 4510 Clarendon Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1930 semi‑detached 1‑family home in East Flatbush, Brooklyn; Detached garage plus carport for parking; Interior features include A/C unit, microwave, refrigerator, stove, and window treatments
