128 19th Street Brooklyn, NY 11232
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jul 7, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 13 at 1:06 pm
Property Features for 128 19th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- M1-2
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4
- Interior features
- A/C Unit
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.05 Acres
Building Details
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Ceramic
- Building materials
- Wood Frame
- Roof type
- Flat
Listing agent Ray Long Wu (929) 364-1301
Listing office Ashford Homes LLC 95 Guyon Ave, Staten Island, NY (929) 364-1301
Listing date Jul 7, 2026
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.
Located at 128 19th Street in Brooklyn, NY 11232, the property sits on a 0.0459-acre lot and has an overall size of 2,400 square feet. The property is listed under zoning M1-2.
With both multi-unit income potential and an internally separate basement entrance, the building can be a practical fit for investors or owner-operators looking for additional flexibility beyond the two main apartments. Recent updates such as new flooring and appliances help reduce near-term cosmetic work, while the outdoor backyard and deck support everyday tenant use.
Key Highlights
- Semi‑detached 2‑family home with a 1‑bed/1‑bath first floor and a 2‑bed/1‑bath second floor
- Recently renovated building with new appliances and updated flooring
- Basement with a separated entrance, suitable for many purposes
Local 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 |
