1148 DECATUR St, Brooklyn, NY 11207
Two-family brick townhouse with modern finishes and skyline views.
- Added:
- Apr 28, 2026
- Days on Market:
- 71
- Last Refresh:
- Jul 2 at 12:16 pm
Property Features for 1148 DECATUR St
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2024
Listing office (347) 724-5113
Listing date Apr 28, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Stephanie Wilberding Wilberding
HighLights
- Newly built (2024) two‑family brick townhouse with approximately 3,600 sq ft of living space.
- Enjoy open skyline views of Downtown Brooklyn and Lower Manhattan from your private roof deck spanning nearly 1,000 sq ft.
- Four‑bedroom triplex layout featuring modern finishes, including wide‑plank white oak flooring and a sleek kitchen with fully paneled appliances.
- Landscaped backyard with stone pavers and turf, accessible from a private deck off the kitchen.
- Garden‑level one‑bedroom apartment with separate meter, offering potential rental income.
- Excellent transportation access: close proximity to the L, J, and Z subway lines (Transit Score: 100).
Overview
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 | $183.6k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $180.1k | $50.03 |
| − OpEx | −$54.0k | −$15.01 |
| NOI | $126.1k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.90821
- Latitude
- 40.687737