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Duplex with Private Outdoor Space
For Sale
$1,300,000

122 E 46th St, Brooklyn, NY 11203

Residential Income, Brooklyn, NY

Property Size2,000 SF
Lot Size0.04 Acres
Price / SF$650
Days on Market60

Property Features for 122 E 46th St

General Information

Property type Residential Multi Family
Property subtype Other
Interior features Master Downstairs
Subdivision Little Caribbean
Standard status Active
Size 2,000 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 6229

Amenities

balcony
private outdoor space

Building Details

Year built 1945
Flooring type Hardwood, Tile
Building materials Vinyl Siding
Roof type Slate
Buildings 1
Listing Agency: 5 BORO REALTY CORP
Listed By: Nina Sabag · License #10311207532
Added: Sep 3 Changed: Oct 27 Last Checked: Nov 1 at 5:06PM
MLS# 11964367

Copyright © 2026 My State MLS. 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 Brooklyn duplex contains two residences, each with three bedrooms, and a total of four full bathrooms. The 2,000-square-foot property was built in 1945 on a 20-by-100-foot lot. Interior updates include new kitchens, bathrooms, flooring, and finishes. Hardwood and tile flooring are present, along with a large balcony and private outdoor area at the front of the property.

Kings County Hospital and SUNY Downstate are nearby. Shops and restaurants along Utica and Church Avenues are a short distance away, and the property has access to the 2, 5, and B/Q subway lines and multiple bus routes serving Downtown Brooklyn and Manhattan.

Key Highlights

  • Two residences, each with three bedrooms
  • Four full bathrooms
  • 2,000 square feet on a 20‑by‑100‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,043
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,860 $1.4M
Cap Rate 7%
$1,000,614 $1.0M
Cap Rate 9%
$778,256 $778.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$102.0K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$100.1K $50.03/SF
− OpEx
−$30.0K −$15.01/SF
NOI
$70.0K $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%
$1,400,860
Cap Rate 7%
$1,000,614
Cap Rate 9%
$778,256

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$875.5K – $1.17M (±1% cap)
NOI $70,043 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$872.3K
$763.2K – $1.02M (±1% cap)
NOI $61,058 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $115,920 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,618
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
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 - Two three-bedroom residences offer four full bathrooms, updated interiors, and a balcony.
Where is this duplex located?
The property is located at 122 E 46th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two residences, each with three bedrooms; Four full bathrooms; 2,000 square feet on a 20‑by‑100‑foot lot
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