Brick Duplex With
For Sale
$789,000
819 Ashford Street, Brooklyn, NY 11207
Residential, Brooklyn, NY
Property Size2,080 SF
Lot Size0.07 Acres
Price / SF$379.33
Days on Market355
Property Features for 819 Ashford Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
East New York
Standard status
Active
Size
2,080 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
1635
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Flooring type
Carpet
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Real Estate Professiona
(718) 532-2000
Listed By:
Christopher Tomasulo · License ##10401306451
(917) 318-7410
Added: Sep 19, 2025
Changed: Sep 8
Last Checked: Sep 8 at 3:06PM
MLS# 495878
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 1970 brick duplex provides 2,080 square feet of residential space across two stories on a 2,833-square-foot lot measuring 28.33 feet by 100 feet. The layout includes four bedrooms, three bathrooms, and a semi-finished full basement. Interior features include a refrigerator, stove, and carpeted flooring, while the building has a flat roof and brick construction.
The property is in Brooklyn’s East New York neighborhood, with public transportation and nearby shopping and amenities. R5 zoning supports its residential classification. The combination of a two-family configuration, basement area, bedroom count, and existing appliances offers a defined residential layout for an owner-occupant or rental use.
The property is in Brooklyn’s East New York neighborhood, with public transportation and nearby shopping and amenities. R5 zoning supports its residential classification. The combination of a two-family configuration, basement area, bedroom count, and existing appliances offers a defined residential layout for an owner-occupant or rental use.
Key Highlights
- 2,080 square feet of residential space on two stories
- Four bedrooms and three bathrooms
- 2,833‑square‑foot lot measuring 28.33 ft. X 100 ft.
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
$63,500
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
8.05%
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%
$1,270,000
$1.3M
Cap Rate 7%
$907,143
$907.1K
Cap Rate 9%
$705,556
$705.6K
Market Conditions
NOI Build-Up for 2,080 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
$117.8K $56.64/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$115.5K $55.51/SF
− OpEx
−$52.0K −$24.98/SF
NOI
$63.5K $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%
$1,270,000
Cap Rate 7%
$907,143
Cap Rate 9%
$705,556
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$910.6K – $1.21M
NOI $72,845 @ 7.0% cap · market cap 9.23%
Second Best
Apartment 5plus
$907.1K
$793.8K – $1.06M
NOI $63,500 @ 7.0% cap · market cap 8.05%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,557 @ 7.0% cap · market cap 15.28%
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
1,893
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
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-story residential property with four bedrooms, three bathrooms, and convenient access to transit and neighborhood shopping.
Where is this duplex located?
The property is located at 819 Ashford Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 2,080 square feet of residential space on two stories; Four bedrooms and three bathrooms; 2,833‑square‑foot lot measuring 28.33 ft. X 100 ft.
