East Flatbush Two-Family
1322 New York Avenue Brooklyn, NY 11203
1322 New York Avenue, Brooklyn, NY, 11203
$1,589,000
For Sale
$1,589,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,848 SF
Lot Size0.09 Acres
Price / SF$859.85
Days on Market198
Property Features for 1322 New York Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4
- Interior features
- Microwave, Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 1,848 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6760
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Tile, Ceramic, Hardwood
- Building materials
- Wood Frame
- Roof type
- Flat
- Architectural style
- Victorian
Listing Agency
Century 21 Achievers
(718) 758-0600
1476 Flatbush Avenue, Brooklyn, NY
Listed by
Troy A Sadio
(718) 758-0600
Added: Dec 31, 2025 Checked: Jul 17 at 6:06 am
MLS# 498082
Listing URL
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.
This property is a two-family home located in the East Flatbush neighborhood of Brooklyn, New York. The property features a 3/2 layout and a finished basement. It includes parking space for up to six cars. The lot size is 0.0941 acres. The property size is 1848 square feet. The zoning is R6.
Key Highlights
- Victorian wood‑frame 2‑family home with 5 bedrooms and 2 bathrooms
- Includes microwave, refrigerator, and stove
- Mixed flooring: carpet, tile/ceramic, and hardwood
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 | $94.2k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $92.5k | $50.03 |
| − OpEx | −$27.7k | −$15.01 |
| NOI | $64.7k | $35.02 |
1,848 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$924.6K
$809.0K – $1.08M
NOI $64,720 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$806.0K
$705.2K – $940.3K
NOI $56,418 @ 7.0% cap · market cap 3.55%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.79M
NOI $107,110 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home in East Flatbush with parking.
Where is this duplex located?
The property is located at 1322 New York Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,589,000.
What are key features of this property?
This property features: Victorian wood‑frame 2‑family home with 5 bedrooms and 2 bathrooms; Includes microwave, refrigerator, and stove; Mixed flooring: carpet, tile/ceramic, and hardwood
