Semi-Detached Two-Family
For Sale
$1,599,000
128 19th Street, Brooklyn, NY 11232
Renovated semi-detached two-family with a basement separated entrance and backyard deck.
Property Size2,400 SF
Price / SF$666.25
Days on Market26
Property Features for 128 19th Street
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Amenities
backyard
deck
separated entrance
Building Details
Building Size
2,400 SF
Stories
2
Tenancy
Multi
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
Ray Long Wu
Source:
Penrealty
Added: Jul 7
Changed: Jul 25
Last Checked: Aug 1 at 11:06AM
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 Ashford Homes LLC
Investment Insights
Based on property information with market context.
This semi-detached two-family property has been recently renovated and includes new appliances and new flooring. The first floor features 1 bedroom and 1 bathroom. The second floor provides 2 bedrooms and 1 bathroom. A basement with a separated entrance offers additional flexible space for a variety of uses.
The property is located at 128 19th Street in Brooklyn, NY 11232.
Overall, the layout is configured for two separate residential units, plus an independently accessed basement space.
The property is located at 128 19th Street in Brooklyn, NY 11232.
Overall, the layout is configured for two separate residential units, plus an independently accessed basement space.
Key Highlights
- Renovated semi‑detached 2‑family with a backyard and deck
- 1st floor unit offers 1 bed and 1 bath
- 2nd floor unit offers 2 beds and 1 bath
Financial Insights For Multifamily LT 5
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 | $122.4k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $120.1k | $50.03 |
| − OpEx | −$36.0k | −$15.01 |
| NOI | $84.1k | $35.02 |
2,400 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,052 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$1.05M
$915.9K – $1.22M
NOI $73,270 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,104 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,673
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Renovated semi-detached two-family with a basement separated entrance and backyard deck.
Where is this duplex located?
The property is located at 128 19th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Renovated semi‑detached 2‑family with a backyard and deck; 1st floor unit offers 1 bed and 1 bath; 2nd floor unit offers 2 beds and 1 bath
