Detached Two-Family
For Sale
$1,799,000
2146 80th St, Brooklyn, NY 11214
Detached two-family residence with three levels plus a finished basement, private driveway, and attached living features throughout.
Property Size2,324 SF
Days on Market18
Property Features for 2146 80th St
General Information
Standard status
Active
Size
2,324 SF
Total Parking Spaces
5
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,679
Amenities
high ceilings
recessed lighting
covered patio
paved backyard
2-zone baseboard & steam heat
built-in A/C units
sprinkler system for front garden
Building Details
Building Size
2,324 SF
Year Built
1920
Stories
2
Tenancy
Multi
Listing Agency:
Triolo Realty Group, Inc.
(718) 844-5414
Listed By:
Annmarie Triolo · License #10311204688
(718) 844-5414
Source:
Elliman
Added: Jul 24
Changed: Aug 8
Last Checked: Aug 10 at 7:19AM
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 Triolo Realty Group, Inc.
Investment Insights
Based on property information with market context.
Welcome to 2146 80th Street, a meticulously maintained detached two-family home currently configured as a spacious single-family residence. The layout offers three levels of living space plus a finished basement, with multiple indoor living areas including a sunroom with tile flooring, a living room with hardwood floors, a formal dining room, and a large eat-in kitchen with tile flooring, granite countertops, and stainless steel appliances. The first floor also includes a full bath and a den with sliders to a covered patio and paved backyard.
Upstairs, the second floor provides an oversized primary bedroom with a large double closet and sliders to a covered balcony spanning the width of the home, along with two additional bedrooms with new vinyl flooring, ample closet space, and another full bath. The third floor features a spacious bedroom with high ceilings and a half bath, suited as a private primary suite or home office.
The finished basement includes a tiled recreation room, utility and laundry areas, multiple storage closets, and a 3/4 bath. Additional highlights include a private driveway for up to three vehicles, a detached 2-car garage, multi-zone baseboard and steam heat, built-in A/C units, and a sprinkler system for the front garden.
Upstairs, the second floor provides an oversized primary bedroom with a large double closet and sliders to a covered balcony spanning the width of the home, along with two additional bedrooms with new vinyl flooring, ample closet space, and another full bath. The third floor features a spacious bedroom with high ceilings and a half bath, suited as a private primary suite or home office.
The finished basement includes a tiled recreation room, utility and laundry areas, multiple storage closets, and a 3/4 bath. Additional highlights include a private driveway for up to three vehicles, a detached 2-car garage, multi-zone baseboard and steam heat, built-in A/C units, and a sprinkler system for the front garden.
Key Highlights
- Detached 2‑family home (currently used as a single‑family) with 3 levels plus a finished basement
- Main level features sunroom, spacious living room with hardwood floors, formal dining room, and eat‑in kitchen with granite counters and stainless steel appliances
- Covered patio and paved backyard accessed from the den with sliders; full bath on the first floor
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
$63,387
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
3.52%
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%
$1,267,740
$1.3M
Cap Rate 7%
$905,529
$905.5K
Cap Rate 9%
$704,300
$704.3K
Market Conditions
NOI Build-Up for 2,324 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
$94.8K $40.80/SF
− Vacancy
−$4.3K −$1.84/SF
EGI
$90.6K $38.96/SF
− OpEx
−$27.2K −$11.69/SF
NOI
$63.4K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /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%
$1,267,740
Cap Rate 7%
$905,529
Cap Rate 9%
$704,300
Alternative Uses
Best Use
Multifamily LT 5
$905.5K
$792.3K – $1.06M
NOI $63,387 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$811.6K
$710.1K – $946.8K
NOI $56,809 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $94,900 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,560
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - Detached two-family residence with three levels plus a finished basement, private driveway, and attached living features throughout.
Where is this duplex located?
The property is located at 2146 80th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Detached 2‑family home (currently used as a single‑family) with 3 levels plus a finished basement; Main level features sunroom, spacious living room with hardwood floors, formal dining room, and eat‑in kitchen with granite counters and stainless steel appliances; Covered patio and paved backyard accessed from the den with sliders; full bath on the first floor
