Detached Multi-Level Single-Family
For Sale
$1,299,000
719 E 10th Street, Brooklyn, NY 11230
SINGLE_FAMILY - Brooklyn, NY
Property Size1,462 SF
Lot Size0.04 Acres
Price / SF$888.51
Days on Market286
Property Features for 719 E 10th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R5
Bedrooms
4
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2
Interior features
A/C Unit - Wall, Laundry Area, Microwave, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Flatbush
Standard status
Active
Size
1,462 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
5689
Building Details
Year built
1920
Flooring type
Hardwood, Tile, Laminate
Roof type
Shingle
Architectural style
Other
Listing Agency:
eXp Realty BKNY
(888) 276-0630
Listed By:
Aaron Ivatorov · License #10301222307
(888) 276-0630
Added: Nov 10, 2025
Changed: Aug 12
Last Checked: Aug 23 at 5:06AM
MLS# 497252
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.
Detached 1-family home offered in move-in condition and configured across four levels. The layout includes a finished basement with a utility room and a separate rear entrance, a main level with living and dining areas, and a large eat-in kitchen with access to a decked backyard. The upper floors are set up for additional bedrooms and include multiple bathrooms, with a total of three bathrooms described in the property highlights (one full, one half, and one on the attic level). The home is currently being used as a 4-bedroom residence, with potential described for a 5-bedroom setup, subject to architectural approval.
The property is located in the Midwood/Flatbush area of Brooklyn and is zoned R5. The home does not have a driveway or garage; street parking, metered parking, and nearby garages are available. Floor plans are referenced as being available for review.
Given the multi-level configuration and rear access, the space is designed to accommodate flexible room layouts, including the stated possibility of conversion to a 2- to 3-family arrangement pending discussion with an architect.
The property is located in the Midwood/Flatbush area of Brooklyn and is zoned R5. The home does not have a driveway or garage; street parking, metered parking, and nearby garages are available. Floor plans are referenced as being available for review.
Given the multi-level configuration and rear access, the space is designed to accommodate flexible room layouts, including the stated possibility of conversion to a 2- to 3-family arrangement pending discussion with an architect.
Key Highlights
- Detached 1‑family home in Brooklyn with four levels, including a finished basement and separate rear entrance
- Flexible layout: currently a 4‑bedroom setup with potential for a 5‑bedroom configuration (attic level + additional rooms)
- Room dimensions and layout include first floor 16W x 51L and second floor 16W x 33L (see attached floor plans)
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
$44,633
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
3.44%
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%
$892,660
$892.7K
Cap Rate 7%
$637,614
$637.6K
Cap Rate 9%
$495,922
$495.9K
Market Conditions
NOI Build-Up for 1,462 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
$82.8K $56.64/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$81.2K $55.51/SF
− OpEx
−$36.5K −$24.98/SF
NOI
$44.6K $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%
$892,660
Cap Rate 7%
$637,614
Cap Rate 9%
$495,922
Alternative Uses
Best Use
Apartment 5plus
$637.6K
$557.9K – $743.9K
NOI $44,633 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.41M
NOI $84,738 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,573
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Detached Brooklyn single-family home in move-in condition with a finished basement and attic-level rooms.
Where is this single family property located?
The property is located at 719 E 10th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Detached 1‑family home in Brooklyn with four levels, including a finished basement and separate rear entrance; Flexible layout: currently a 4‑bedroom setup with potential for a 5‑bedroom configuration (attic level + additional rooms); Room dimensions and layout include first floor 16W x 51L and second floor 16W x 33L (see attached floor plans)
