Two-Level Duplex with
For Sale
$980,000
1349 E 14th Street, Brooklyn, NY 11230
Residential, Duplex, Brooklyn, NY
Property Size1,536 SF
Lot Size0.05 Acres
Price / SF$638.02
Days on Market24
Property Features for 1349 E 14th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
Midwood
Standard status
Active
Size
1,536 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6725
Building Details
Year built
1925
Floors in Building
2
Flooring type
Carpet, Hardwood, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
Behfar Team, LLC
(347) 988-2526
Listed By:
Karen Behfar
(347) 988-2526
Added: Aug 5
Changed: Aug 23
Last Checked: Aug 28 at 7:06AM
MLS# 503365
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 1,536-square-foot duplex property, built in 1925, includes two finished residential levels and a semi-finished basement. The main floor provides living and dining areas, a kitchen, and a full bathroom, while the upper floor contains four bedrooms, another full bathroom, and access to a porch. Interior finishes include hardwood, carpet, and tile flooring, with a refrigerator and stove included. The building has a shingle roof and sits on a 0.0459-acre lot measuring 20 by 100 feet.
Located at 1349 E 14th Street in Brooklyn’s 11230 postal code, the property is designated R4-1. Its arrangement combines multiple living areas with additional basement space and outdoor access.
Located at 1349 E 14th Street in Brooklyn’s 11230 postal code, the property is designated R4-1. Its arrangement combines multiple living areas with additional basement space and outdoor access.
Key Highlights
- 1,536‑square‑foot duplex property built in 1925
- Four bedrooms and two full bathrooms across two levels
- Semi‑finished basement provides additional usable space
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
$53,793
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
5.49%
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%
$1,075,860
$1.1M
Cap Rate 7%
$768,471
$768.5K
Cap Rate 9%
$597,700
$597.7K
Market Conditions
NOI Build-Up for 1,536 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
$78.3K $51.00/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$76.8K $50.03/SF
− OpEx
−$23.1K −$15.01/SF
NOI
$53.8K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /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%
$1,075,860
Cap Rate 7%
$768,471
Cap Rate 9%
$597,700
Alternative Uses
Best Use
Multifamily LT 5
$768.5K
$672.4K – $896.6K
NOI $53,793 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$669.9K
$586.2K – $781.5K
NOI $46,892 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $89,027 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,973
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R4-1 property with four bedrooms, two bathrooms, hardwood, carpet, tile, and a porch across a functional residential layout.
Where is this duplex located?
The property is located at 1349 E 14th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: 1,536‑square‑foot duplex property built in 1925; Four bedrooms and two full bathrooms across two levels; Semi‑finished basement provides additional usable space
