Renovated Duplex
For Sale
$1,675,000
1167 Jefferson Avenue, Brooklyn, NY 11221
Recently updated two-family residence with convenient access to nearby rail service.
Property Size2,700 SF
Price / SF$620.37
Days on Market58
Property Features for 1167 Jefferson Avenue
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Multi Family
Building Details
Building Size
2,700 SF
Listing Agency:
Real Broker NY LLC
Listed By:
Peter Figaro
(347) 312-3458
Source:
Penrealty
Added: Aug 10
Changed: Sep 21
Last Checked: Oct 6 at 12:17AM
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
This recently renovated duplex at 1167 Jefferson Ave in Brooklyn, NY 11221 contains 2700sf across two family units. The property is positioned for either owner occupancy or income-producing use, with updated interiors that reduce the need for immediate renovation work.
The home is minutes from train service and sits in Bushwick, Brooklyn. WalkScore is 82, rated Very Walkable; TransitScore is 84, rated Excellent Transit; and bikeScore is 70, rated Very Bikeable.
The home is minutes from train service and sits in Bushwick, Brooklyn. WalkScore is 82, rated Very Walkable; TransitScore is 84, rated Excellent Transit; and bikeScore is 70, rated Very Bikeable.
Key Highlights
- Recently renovated two‑family duplex
- 2700sf residential property
- Minutes from train service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,559
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,891,180
$1.9M
Cap Rate 7%
$1,350,843
$1.4M
Cap Rate 9%
$1,050,656
$1.1M
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$137.7K $51.00/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$135.1K $50.03/SF
− OpEx
−$40.5K −$15.01/SF
NOI
$94.6K $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%
$1,891,180
Cap Rate 7%
$1,350,843
Cap Rate 9%
$1,050,656
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.58M
NOI $94,559 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,428 @ 7.0% cap · market cap 4.92%
Theoretical Best
Specialty Retail
$2.24M
$1.96M – $2.61M
NOI $156,492 @ 7.0% cap · market cap 9.34%
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
3,737
Businesses Nearby
Explore this area
Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently updated two-family residence with convenient access to nearby rail service.
Where is this duplex located?
The property is located at 1167 Jefferson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Recently renovated two‑family duplex; 2700sf residential property; Minutes from train service
