Renovated
For Sale
$1,675,000
1167 Jefferson Avenue, Brooklyn, NY 11221
Residential, Brooklyn, NY
Property Size2,700 SF
Lot Size0.05 Acres
Price / SF$620.37
Days on Market57
Property Features for 1167 Jefferson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 4
Interior features
Central Air - Split, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Basement
Full, Finished
Subdivision
Bushwick
Standard status
Active
Size
2,700 SF
Lot size
0.05 Acres
Building Details
Flooring type
Hardwood
Building materials
Wood Frame
Listing Agency:
Real Broker NY LLC
Listed By:
Peter Figaro
(347) 312-3458
Added: Aug 10
Changed: Sep 17
Last Checked: Oct 5 at 9:06PM
MLS# 503670
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 renovated duplex in Brooklyn provides 2,700 square feet across a two-family residential configuration. The layout includes five bedrooms and three bathrooms, with hardwood flooring and wood-frame construction. Interior equipment includes a stove, refrigerator, dishwasher, microwave, washer, and dryer, along with split-system central air conditioning.
The property occupies a 0.0459-acre lot at 1167 Jefferson Avenue in Brooklyn’s 11221 ZIP Code. The residence is situated minutes from train service, supporting convenient access for occupants. Its combination of separate two-family functionality, updated condition, and a broad set of existing household appliances offers a practical residential income property format.
The property occupies a 0.0459-acre lot at 1167 Jefferson Avenue in Brooklyn’s 11221 ZIP Code. The residence is situated minutes from train service, supporting convenient access for occupants. Its combination of separate two-family functionality, updated condition, and a broad set of existing household appliances offers a practical residential income property format.
Key Highlights
- Renovated two‑family duplex with 2,700 square feet of interior space
- Five bedrooms and three bathrooms
- 0.0459‑acre lot at 1167 Jefferson Avenue, Brooklyn, NY 11221
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
Lease Details
2
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
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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-family residence with five bedrooms, three bathrooms, hardwood floors, and split-system central air.
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: Renovated two‑family duplex with 2,700 square feet of interior space; Five bedrooms and three bathrooms; 0.0459‑acre lot at 1167 Jefferson Avenue, Brooklyn, NY 11221
