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Semi-Detached Single-Family Home

123 Avenue J Brooklyn, NY 11230

123 Avenue J, Brooklyn, NY, 11230
$1,598,000
For Sale
$1,598,000

SINGLE_FAMILY - Brooklyn, NY

Property Size1,950 SF
Lot Size0.04 Acres
Price / SF$819.49
Days on Market90

Property Features for 123 Avenue J

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
Patio and Porch features
Porch
Interior features
Porch
Basement
Finished
Standard status
Active
Size
1,950 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
5710

Building Details

Year built
1920
Floors in Building
2
Flooring type
Hardwood
Architectural style
Other
Listing agency Ben Bay Realty Co
Listed by Arthur Y. Bakayev
Added: Apr 23 Updated: Jul 12 at 2:37PM Checked: Jul 21 at 8:06PM
MLS# 500686

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 solid brick semi-detached single-family home offers two full floors plus a full basement, laid out to support a range of residential updates. The property sits on an 18 x 100 lot with a building footprint of 18 x 55, and it is currently in need of renovation, presenting an opportunity to customize the interior to your preferences.

The address is on Avenue J in Brooklyn, within short distance of the Avenue F train for transportation access. The home is also described as being situated on East 2nd Street and Avenue J.

Given the existing two-floor plus basement configuration and the renovation needed, the property may appeal to buyers looking for a residence they can refresh and tailor during the build-out process.

Key Highlights

  • 1920 brick, semi‑detached single‑family home on an 18 x 100 lot
  • 18 x 55 building with two full floors plus a full basement for added space
  • Four bedrooms plus three bathrooms

Local Financial Insights For Apartment 5plus

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 $110.4k $56.64
− Vacancy −$2.2k −$1.13
EGI $108.2k $55.51
− OpEx −$48.7k −$24.98
NOI $59.5k $30.53
1,950 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$850.4K
$744.1K – $992.2K (±1% cap)
NOI $59,531 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $113,022 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Bar & Pub Gym & Fitness Center Spa & Massage Center Acupuncture Nursing Home (Bike/Boat/Book/etc) Store Hotel & Motel

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

FAQs

What type of property is this?
Single family property - Solid brick semi-detached home with two full floors and a full basement on an 18 x 100 lot, requiring renovation.
Where is this single family property located?
The property is located at 123 Avenue J Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,598,000.
What are key features of this property?
This property features: 1920 brick, semi‑detached single‑family home on an 18 x 100 lot; 18 x 55 building with two full floors plus a full basement for added space; Four bedrooms plus three bathrooms
Contact an agent
More about this property
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