Two-Family Home with
For Sale
$1,739,000
1350 E 15th Street, Brooklyn, NY 11230
A detached residence offers separate six-room layouts, a driveway, and private garage parking.
Property Size2,400 SF
Price / SF$724.58
Days on Market8
Property Features for 1350 E 15th Street
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-Family
Building Details
Year Built
1925
Listing Agency:
Real Broker NY LLC
Listed By:
Michael Afanasyev · License #afael1267
(718) 395-4907
Source:
Remaxedgenyc
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 24 at 2:24PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
This detached two-family property contains 2,400 square feet, arranged as six rooms over six rooms. Built in 1925, the home sits on a 30-by-100-foot lot and includes a driveway and a two-car garage.
The property is on a residential block in Midwood, Brooklyn, near shopping, schools, transportation, and houses of worship. Full possession is available at closing.
The property is on a residential block in Midwood, Brooklyn, near shopping, schools, transportation, and houses of worship. Full possession is available at closing.
Key Highlights
- Detached two‑family home with six rooms over six rooms
- 2,400 square feet on a 30‑by‑100‑foot lot
- Driveway and two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,052
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,681,040
$1.7M
Cap Rate 7%
$1,200,743
$1.2M
Cap Rate 9%
$933,911
$933.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$122.4K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$120.1K $50.03/SF
− OpEx
−$36.0K −$15.01/SF
NOI
$84.1K $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 Rate 5%
$1,681,040
Cap Rate 7%
$1,200,743
Cap Rate 9%
$933,911
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,052 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$1.05M
$915.9K – $1.22M
NOI $73,270 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,104 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
4,168
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A detached residence offers separate six-room layouts, a driveway, and private garage parking.
Where is this duplex located?
The property is located at 1350 E 15th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,739,000.
What are key features of this property?
This property features: Detached two‑family home with six rooms over six rooms; 2,400 square feet on a 30‑by‑100‑foot lot; Driveway and two‑car garage
