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Detached Corner Two-Family Brick

1201 E 10th Street Brooklyn, NY 11230

New
1201 E 10th Street, Brooklyn, NY, 11230
$2,650,000
For Sale
$2,650,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,280 SF
Lot Size0.05 Acres
Price / SF$1,162
Days on Market2

Property Features for 1201 E 10th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
5
Rooms
Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 3
Parking features
Garage - Detached
Interior features
A/C Unit, Central Air - Split, Refrigerator, Stove
Basement
Finished, Full
Standard status
Active
Size
2,280 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
10071

Building Details

Year built
1930
Floors in Building
2
Flooring type
Ceramic, Hardwood
Building materials
Brick
Listing Agency Real Broker NY LLC
7610 13th Ave, Brooklyn, NY
Listed by Ichok Landau
Added: Jul 17 Checked: Jul 18 at 10:06 pm
MLS# 503108 Listing URL

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 detached two-family brick corner property offers two separate units plus additional finished space. The home includes a welcoming front porch, an attic for storage, and a fully finished basement with a separate entrance, an extra room, and 2.5 baths. Unit 1 features a massive living room, an eat-in kitchen, two bedrooms, and a full bath. Unit 2 includes a sun-drenched living room, a formal dining room, an eat-in kosher kitchen, three spacious bedrooms, and a full bath. Additional improvements noted include a brand-new energy-efficient boiler for heat and hot water, along with a luxury 3-person Cedar sauna in the bonus space. A detached 2-car garage is also part of the property.

The property is located in Brooklyn, NY 11230 and is described as being in the heart of Midwood, with nearby access to public and private schools, shopping, dining, houses of worship, and express transit.

Zoned R5, this configuration supports both investor and end-user use as presented in the listing remarks.

Key Highlights

  • Detached 2‑family brick corner home built in 1930
  • Detached 2‑car garage plus parking with detached garage
  • Central air with A/C unit; interior includes hardwood and ceramic flooring

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 $116.3k $51.00
− Vacancy −$2.2k −$0.97
EGI $114.1k $50.03
− OpEx −$34.2k −$15.01
NOI $79.8k $35.02
2,280 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.14M
$998.1K – $1.33M (±1% cap)
NOI $79,849 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$994.4K
$870.1K – $1.16M (±1% cap)
NOI $69,606 @ 7.0% cap · market cap 2.63%
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $132,149 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Synagogue Beit-Malkiel Synagogue

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Gym & Fitness Center Bar & Pub Hotel & Motel Nursing Home Nursing Home Restaurant Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Detached two-family brick corner home with a finished basement, separate entrance, and a detached two-car garage in R5 zoning.
Where is this duplex located?
The property is located at 1201 E 10th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Detached 2‑family brick corner home built in 1930; Detached 2‑car garage plus parking with detached garage; Central air with A/C unit; interior includes hardwood and ceramic flooring
Contact an agent
More about this property
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