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    Sheepshead Bay Two-Family Home Title is generated by Realmo AI

    2575 E 19TH St, Brooklyn, NY 11235

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    For Sale
    $995,000

    Three-bedroom home with flexible layout, outdoor space, and private garage.

    Type:Multi Family
    Added:
    Apr 9, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 9 at 7:13 am

    Property Features for 2575 E 19TH St

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1930

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    Listing Contact
    George Francis Pigott

    Listing agent George Francis Pigott

    Listing office

    Listing date Apr 9, 2026

    Source Elliman

    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 George Francis Pigott

    HighLights

    • Private garage offering convenience and storage.
    • Legal two‑family property with a versatile layout adaptable to various needs.
    • Enjoy a large deck accessible from the kitchen, perfect for outdoor dining.
    • Three bedrooms, including a spacious primary bedroom spanning the full width of the house.
    • Flexible lower level with a full bathroom and backyard access, suitable for various uses.
    • Excellent Sheepshead Bay location with easy access to amenities & transportation (walkScore: 87, transitScore: 72).

    Overview

    The property at 2575 East 19th Street is a three-bedroom, two-bathroom home featuring a flexible layout, generous outdoor space, and a private garage. This legal two-family property is configured as a one-family residence and offers a layout adaptable to various needs. The main level unfolds as a duplex, featuring a living room that flows into a dining room. Beyond is a galley kitchen with access to a large deck. The top floor includes three bedrooms. The primary bedroom spans the full width of the house. A skylit bathroom sits at the center of the floor, along with a linen closet, while two additional bedrooms are positioned at the rear. One bedroom is generously sized with an oversized closet and room for two twin beds, while the other is suited as a nursery, home office, or guest room. The lower level, with a second full bathroom and direct access to the backyard, offers flexibility to serve as a playroom, media room, home office, or guest space. The private rear garage offers convenience and additional storage potential. Located in Sheepshead Bay, the property offers residential living and everyday ease. Sheepshead Bay is known for its wide streets, relaxed pace, proximity to the waterfront, and local feel, with access to shopping, restaurants, parks, and transportation. The location has a bike score of 61, making it bikeable, a walk score of 87, indicating it is very walkable, and a transit score of 72, indicating excellent transit.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.95032
    Latitude
    40.588757

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    FAQs

    What type of property is this?
    Duplex - Three-bedroom home with flexible layout, outdoor space, and private garage.
    Where is this duplex located?
    The property is located at 2575 E 19TH St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Private garage offering convenience and storage.; Legal two‑family property with a versatile layout adaptable to various needs.; **Enjoy a large deck accessible from the kitchen**, perfect for outdoor dining.
    (718) 749-4199
    We can help!
    Listing Contact
    George Francis Pigott
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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