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Renovated Duplex
New
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 Market3

Property Features for 1167 Jefferson Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 3
Interior features A/C Unit, Central Air - Split, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Basement Finished
Subdivision Bushwick
Standard status Active
Size 2,700 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 4400

Building Details

Number of units 2
Flooring type Hardwood
Building materials Wood Frame
Roof type Flat
Listing Agency: Real Broker NY LLC
Listed By: Peter Figaro
Added: Oct 19 Last Checked: Oct 21 at 2:06AM
MLS# 505448

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.

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Investment Insights

Based on property information with market context.

This renovated duplex contains 2,700 square feet on a 0.0459-acre lot. The residence has five bedrooms and three bathrooms, hardwood flooring, and a flat roof. Interior features include split-system air conditioning, a dishwasher, washer, dryer, microwave, refrigerator, and stove. Wood frame is the listed construction material.

The property is in Bushwick, Brooklyn, a short distance from train service to Manhattan. Restaurants and bars are also noted in the surrounding area.

Key Highlights

  • 2,700‑square‑foot duplex on a 0.0459‑acre lot
  • Five bedrooms and three bathrooms
  • Renovated interior with hardwood flooring

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 (±1% cap)
NOI $94,559 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M (±1% cap)
NOI $82,428 @ 7.0% cap · market cap 4.92%
Theoretical Best
Specialty Retail
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,492 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3,737
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The residence offers a five-bedroom, three-bathroom configuration with an appliance-equipped kitchen.
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: 2,700‑square‑foot duplex on a 0.0459‑acre lot; Five bedrooms and three bathrooms; Renovated interior with hardwood flooring
More about this property
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