2-Unit Duplex with Private
1158 83rd Street, Brooklyn, NY 11228
For Sale
New
$3,200,000
Residential Income, Brooklyn, NY
Property Size2,725 SF
Lot Size0.09 Acres
Price / SF$1,174
Days on Market1
Property Features for 1158 83rd Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Fencing
Basement
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Amenities
private backyard
side yard
patio
balcony
Building Details
Year built
Floors in Building
Number of units
Building materials
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
Listed By:
Francesca Trunzo · License NY #10301216081
(718) 605-5800
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 2606383
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This legal two-family duplex contains two residential units within a three-story, 2,725-square-foot building. The layout includes five bedrooms and three bathrooms, along with a finished basement incorporated into the living area. A built-in garage and private driveway provide on-site parking. The property was constructed in 1935 and is zoned R3-X; renovation is needed.
Outdoor features include a private backyard, side yard, patio, and balcony. Stucco exterior, natural gas hot-water heating, and wall-unit cooling are among the property’s existing features.
Outdoor features include a private backyard, side yard, patio, and balcony. Stucco exterior, natural gas hot-water heating, and wall-unit cooling are among the property’s existing features.
Key Highlights
- Legal two‑family residence with two separate units
- 2,725‑square‑foot building on a 40 x 100 lot
- Three stories with 5 bedrooms and 3 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,434
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,908,680
$1.9M
Cap Rate 7%
$1,363,343
$1.4M
Cap Rate 9%
$1,060,378
$1.1M
Market Conditions
NOI Build-Up for 2,725 SF
Gross rent
$139.0K $51.00/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$136.3K $50.03/SF
− OpEx
−$40.9K −$15.01/SF
NOI
$95.4K $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%
$1,908,680
Cap Rate 7%
$1,363,343
Cap Rate 9%
$1,060,378
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,434 @ 7.0% cap · market cap 2.98%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,191 @ 7.0% cap · market cap 2.60%
Theoretical Best
Specialty Retail
$2.26M
$1.97M – $2.63M
NOI $157,941 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,330
Businesses Nearby
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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
$1,131,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The three-story residence includes a built-in garage, driveway, finished basement, and outdoor areas.
Where is this duplex located?
The property is located at 1158 83rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Legal two‑family residence with two separate units; 2,725‑square‑foot building on a 40 x 100 lot; Three stories with 5 bedrooms and 3 bathrooms
