Brooklyn Two-Family
For Sale
$1,395,000
Pending
250 E 25th St, Brooklyn, NY 11226
Charming two-family home near Flatbush Ave and Cortelyou Rd.
Property Size3,165 SF
Lot Size0.05 Acres
Days on Market167
Property Features for 250 E 25th St
General Information
Standard status
Pending
Size
3,165 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$7,284
Building Details
Building Size
3,165 SF
Year Built
1901
Stories
3
Units
2
Listing Agency:
(917) 701-7340
Listed By:
Laura C Rozos
(917) 701-7340
Source:
Elliman
Added: Mar 11
Changed: Aug 21
Last Checked: Aug 23 at 10:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Laura C Rozos
Investment Insights
Based on property information with market context.
Located on the border of the East 25th Street Historic District, this two-family home at 250 East 25th Street in Brooklyn, NY, combines classic elegance with modern convenience. Built in 1901, this 20-foot wide home offers 3000 square feet of living space on a 2,000-square-foot lot. A gated front garden provides space for seating and planting. The recently renovated lower unit features an open plan with high ceilings, hardwood floors, and a living area. The dining area accommodates a table for eight or more, and the open kitchen includes granite counters, storage space, an island with a bar, and new appliances, including a dishwasher and refrigerator. A door from the kitchen leads to a deck overlooking a deep garden. The main floor has a bedroom with closet space and a marble bathroom with a walk-in shower. The lower floor includes another bedroom, a full bath, an office or storage room, and a flexible open space, along with a laundry room with an LG washer and dryer. The upper unit features two bedrooms, a vintage bathroom, and a renovated galley kitchen with a combo washer-dryer and new appliances. The property is located near the shopping and dining options of Flatbush Ave and Cortelyou Rd, as well as cultural venues like the Kings Theater, with access to the 2, 5, and Q trains.
Key Highlights
- Prime location on the border of the East 25th Street Historic District, close to Flatbush Ave and Cortelyou Rd, with easy access to 2, 5, and Q trains for convenient commuting.
- Spacious 3000 sq ft two‑family home on a 2,000 sq ft lot.
- Recently renovated lower unit with an open floor plan, high ceilings, hardwood floors, granite countertops, new appliances, and a deck overlooking a deep garden.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,046
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,520,920
$1.5M
Cap Rate 7%
$1,086,371
$1.1M
Cap Rate 9%
$844,956
$845.0K
Market Conditions
NOI Build-Up for 3,000 SF
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.
Gross rent
$113.4K $37.80/SF
− Vacancy
−$4.8K −$1.59/SF
EGI
$108.6K $36.21/SF
− OpEx
−$32.6K −$10.86/SF
NOI
$76.0K $25.35/SF
Area
ZIP 11226
Vacancy
4.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,520,920
Cap Rate 7%
$1,086,371
Cap Rate 9%
$844,956
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$950.6K – $1.27M
NOI $76,046 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$1.00M
$879.1K – $1.17M
NOI $70,330 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,795 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,185
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Charming two-family home near Flatbush Ave and Cortelyou Rd.
Where is this duplex located?
The property is located at 250 E 25th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Prime location on the border of the East 25th Street Historic District, close to Flatbush Ave and Cortelyou Rd, with easy access to 2, 5, and Q trains for convenient commuting.; Spacious 3000 sq ft two‑family home on a 2,000 sq ft lot.; Recently renovated lower unit with an open floor plan, high ceilings, hardwood floors, granite countertops, new appliances, and a deck overlooking a deep garden.
