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Spacious Detached Brooklyn Two-Family Home

9518 Fort Hamilton Parkway Brooklyn, NY 11209

Claim this Listing
For Sale
$1,388,000

MULTI_FAMILY - Brooklyn, NY

Property size:
2,036 SF
Lot size:
0.07 Acres
Price / SF:
$681/SF
Added:
Mar 10, 2026
Days on Market:
125
Last Refresh:
Jul 12 at 2:06 am

Property Features for 9518 Fort Hamilton Parkway

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3
Parking features
Garage - Detached
Interior features
Refrigerator, Stove
Basement
Finished, Full
Standard status
Active
Size
2,036 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
9793

Building Details

Year built
1901
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Wood Frame

Listing agent Billy Apter License #BEA5721

Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY

Listing date Mar 10, 2026

MLS# 499416 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.

This is a large, fully detached two-family home with a house size of 20x55, situated on an extra-large 27x112 lot. It features a detached two-car garage with parking space for five cars. The property is ideally located in a desirable area of Bay Ridge/Fort Hamilton, Brooklyn, with convenient access to transportation and shopping. The spacious home is configured with six rooms and three bedrooms on the second floor, over six rooms and three bedrooms on the first floor. There is a full finished basement with a separate entrance, plus a big backyard. The property size is 2,036 square feet, and the lot size is approximately 0.0699 acres. This property is zoned R5B. It is located in one of Brooklyn's sought-after neighborhoods.

Key Highlights

  • Fully detached 2‑family home with detached 2‑car garage (5‑car parking) on a 27x112 lot
  • Large 20x55 house size with a finished basement that has a separate entrance
  • Second‑floor layout: 6 rooms with 3 bedrooms and 1 full bathroom

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 $103.8k $51.00
− Vacancy −$2.0k −$0.97
EGI $101.9k $50.03
− OpEx −$30.6k −$15.01
NOI $71.3k $35.02
2,036 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$891.3K – $1.19M (±1% cap)
NOI $71,304 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$888.0K
$777.0K – $1.04M (±1% cap)
NOI $62,157 @ 7.0% cap · market cap 4.48%
Theoretical Best
Specialty Retail
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,007 @ 7.0% cap · market cap 8.50%
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

Real Estate Agency Building Supply Law Firm Auto Repair Shop Auto Parts Store Big Box & Wholesale Store HVAC Service Hotel & Motel Parking Lot & Garage Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Large, detached two-family home with garage in desirable location.
Where is this duplex located?
The property is located at 9518 Fort Hamilton Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Fully detached 2‑family home with detached 2‑car garage (5‑car parking) on a 27x112 lot; Large 20x55 house size with a finished basement that has a separate entrance; Second‑floor layout: 6 rooms with 3 bedrooms and 1 full bathroom
Contact an agent
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