Detached Two-Family
New
For Sale
$1,739,000
1350 E 15th Street, Brooklyn, NY 11230
Residential, Brooklyn, NY
Property Size2,400 SF
Lot Size0.07 Acres
Price / SF$724.58
Days on Market1
Property Features for 1350 E 15th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bathrooms
3
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Garage - Detached
Basement
Finished, Full
Subdivision
Midwood
Standard status
Active
Size
2,400 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
12026
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Ceramic, Tile, Parquet Wood
Building materials
Brick, Wood Frame
Roof type
Shingle
Listing Agency:
Real Broker NY LLC
(718) 256-4000
Listed By:
Michael Afanasyev
(718) 439-1110
Added: Oct 17
Last Checked: Oct 17 at 7:06PM
MLS# 505429
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.
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Investment Insights
Based on property information with market context.
This detached two-family property in Brooklyn contains 2,400 square feet, arranged as six rooms over six rooms. The 30-by-100-foot lot includes a driveway and a detached two-car garage. Built in 1925, the home has brick and wood-frame construction, with ceramic, parquet wood, and tile flooring. Zoning is R4-1.
The property is on a residential block near shopping, schools, transportation, and houses of worship. Full possession is available at closing.
The property is on a residential block near shopping, schools, transportation, and houses of worship. Full possession is available at closing.
Key Highlights
- Two‑family layout with six rooms over six rooms
- 2,400 square feet on a 30‑by‑100‑foot lot
- Driveway and detached 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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
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
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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 - Two six-room levels are served by a driveway and a detached garage.
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: Two‑family layout with six rooms over six rooms; 2,400 square feet on a 30‑by‑100‑foot lot; Driveway and detached two‑car garage
