Brick Duplex
For Sale
$1,120,000
121 Montauk Avenue, Brooklyn, NY 11208
Residential, Brooklyn, NY
Property Size2,640 SF
Lot Size0.05 Acres
Price / SF$424.24
Days on Market48
Property Features for 121 Montauk Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 4
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Cypress Hills
Standard status
Active
Size
2,640 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9440
Amenities
backyard
Building Details
Year built
2007
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
Excell Choice Realty
Listed By:
Kwesi Cunningham
(718) 705-4646
Added: Sep 9
Changed: Oct 20
Last Checked: Oct 26 at 8:06AM
MLS# 504370
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 2,640-square-foot brick duplex, built in 2007, is configured as two residential units. The larger residence includes three bedrooms, two full bathrooms, a living room, and a kitchen. The second unit offers two bedrooms, a living room, dining room, kitchen, and full bathroom. Hardwood flooring, a refrigerator, and a stove are included among the interior features.
The property includes one front parking space and backyard space. A finished basement adds a separate entrance and full bathroom, expanding the usable area of the home. The 0.0459-acre parcel is zoned R5B and is located near restaurants, shopping, a gym, and other amenities.
The property includes one front parking space and backyard space. A finished basement adds a separate entrance and full bathroom, expanding the usable area of the home. The 0.0459-acre parcel is zoned R5B and is located near restaurants, shopping, a gym, and other amenities.
Key Highlights
- Two‑unit configuration with a 3‑bedroom duplex and a 2‑bedroom apartment
- 2,640 square feet on a 0.0459‑acre parcel
- Brick construction completed in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,770
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,355,400
$1.4M
Cap Rate 7%
$968,143
$968.1K
Cap Rate 9%
$753,000
$753.0K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$101.4K $38.40/SF
− Vacancy
−$4.6K −$1.73/SF
EGI
$96.8K $36.67/SF
− OpEx
−$29.0K −$11.00/SF
NOI
$67.8K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,355,400
Cap Rate 7%
$968,143
Cap Rate 9%
$753,000
Alternative Uses
Best Use
Multifamily LT 5
$968.1K
$847.1K – $1.13M
NOI $67,770 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$862.0K
$754.3K – $1.01M
NOI $60,343 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.62M
$1.41M – $1.88M
NOI $113,075 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,028
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include a three-bedroom duplex and a two-bedroom apartment.
Where is this duplex located?
The property is located at 121 Montauk Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,120,000.
What are key features of this property?
This property features: Two‑unit configuration with a 3‑bedroom duplex and a 2‑bedroom apartment; 2,640 square feet on a 0.0459‑acre parcel; Brick construction completed in 2007
