Brick Duplex with Detached
For Sale
$1,099,000
1031 80th Street, Brooklyn, NY 11228
Residential, Duplex, Brooklyn, NY
Property Size1,232 SF
Lot Size0.04 Acres
Price / SF$892.05
Days on Market71
Property Features for 1031 80th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking features
Garage - Detached
Patio and Porch features
Deck
Interior features
Deck, Dishwasher, Microwave, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Dyker Heights
Standard status
Active
Size
1,232 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
8600
Amenities
deck with pergola
hardwood floors
landscaped front yard
paved backyard
separate side entrance
Building Details
Year built
1925
Floors in Building
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Jason Zhou · License #JZ1320
(347) 988-5318
Added: Aug 1
Changed: Sep 21
Last Checked: Oct 10 at 3:06AM
MLS# 503349
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 1,232-square-foot brick duplex was built in 1925 and features a two-story layout with a finished basement. The main level includes formal living and dining rooms, an eat-in kitchen, and access to a rear deck with pergola. Three bedrooms and a full bathroom are located upstairs, while the basement adds recreation space, a three-quarter bathroom, and a separate side entrance. Hardwood and tile flooring, a dishwasher, microwave, refrigerator, and stove are included. A gas boiler and hot water heater have been updated, and the property also offers a large paved backyard and landscaped front yard.
A 9-foot shared driveway leads to a detached two-car garage. The property is zoned R4-1 and located in Brooklyn, near shopping, restaurants, schools, parks, and public transportation.
A 9-foot shared driveway leads to a detached two-car garage. The property is zoned R4-1 and located in Brooklyn, near shopping, restaurants, schools, parks, and public transportation.
Key Highlights
- 1,232 SF brick duplex on a 0.0429‑acre lot
- Detached two‑car garage reached by a 9‑foot shared driveway
- Finished basement with separate side entrance, recreation space, and 3/4 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,147
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,940
$862.9K
Cap Rate 7%
$616,386
$616.4K
Cap Rate 9%
$479,411
$479.4K
Market Conditions
NOI Build-Up for 1,232 SF
Gross rent
$62.8K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$61.6K $50.03/SF
− OpEx
−$18.5K −$15.01/SF
NOI
$43.1K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,940
Cap Rate 7%
$616,386
Cap Rate 9%
$479,411
Alternative Uses
Best Use
Multifamily LT 5
$616.4K
$539.3K – $719.1K
NOI $43,147 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$537.3K
$470.2K – $626.9K
NOI $37,612 @ 7.0% cap · market cap 3.42%
Theoretical Best
Specialty Retail
$1.02M
$892.6K – $1.19M
NOI $71,407 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,986
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
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-story brick residence with finished basement, private deck, landscaped yard, and separate garage access.
Where is this duplex located?
The property is located at 1031 80th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 1,232 SF brick duplex on a 0.0429‑acre lot; Detached two‑car garage reached by a 9‑foot shared driveway; Finished basement with separate side entrance, recreation space, and 3/4 bathroom
