Brick Duplex with Finished
For Sale
$1,400,000
1026 39th Street, Brooklyn, NY 11219
Residential, Brooklyn, NY
Property Size2,616 SF
Lot Size0.04 Acres
Price / SF$535.17
Days on Market370
Property Features for 1026 39th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
M1-2
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 2, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 5, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 1
Interior features
Dryer, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
Sunset Park
Standard status
Active
Size
2,616 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
5181
Building Details
Year built
1920
Floors in Building
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Jason Zhou · License #JZ1320
(347) 988-5318
Added: Oct 6, 2025
Changed: Oct 10
Last Checked: Oct 10 at 12:06PM
MLS# 496375
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 brick duplex at 1026 39th Street contains 2,616 square feet within a two-story configuration. The first floor has four bedrooms, including a primary bedroom with its own full bathroom, along with a shared bath. The second floor provides four additional bedrooms and two full bathrooms. A finished basement adds another full bathroom and a separate entrance at the front of the property.
The building measures 20x70' on a 20x95' lot and carries M1-2 zoning. Built in 1920, the property includes hardwood and tile flooring, a flat roof, and kitchen and laundry appliances including a refrigerator, stove, washer, and dryer. The address is in Brooklyn, NY 11219, within Kings (Brooklyn) County.
The building measures 20x70' on a 20x95' lot and carries M1-2 zoning. Built in 1920, the property includes hardwood and tile flooring, a flat roof, and kitchen and laundry appliances including a refrigerator, stove, washer, and dryer. The address is in Brooklyn, NY 11219, within Kings (Brooklyn) County.
Key Highlights
- Two‑family brick duplex with 8 bedrooms and 5 full bathrooms
- 2,616 square feet of building area
- 20x70' building on a 20x95' lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,548
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,510,960
$1.5M
Cap Rate 7%
$1,079,257
$1.1M
Cap Rate 9%
$839,422
$839.4K
Market Conditions
NOI Build-Up for 2,616 SF
Gross rent
$113.0K $43.20/SF
− Vacancy
−$5.1K −$1.94/SF
EGI
$107.9K $41.26/SF
− OpEx
−$32.4K −$12.38/SF
NOI
$75.5K $28.88/SF
Area
ZIP 11219
Vacancy
4.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,510,960
Cap Rate 7%
$1,079,257
Cap Rate 9%
$839,422
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$944.4K – $1.26M
NOI $75,548 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$968.8K
$847.7K – $1.13M
NOI $67,816 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.70M
$1.48M – $1.98M
NOI $118,712 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level layout includes multiple bedrooms, full bathrooms, and a finished lower level with a separate front entrance.
Where is this duplex located?
The property is located at 1026 39th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two‑family brick duplex with 8 bedrooms and 5 full bathrooms; 2,616 square feet of building area; 20x70' building on a 20x95' lot
