Renovated Two-Family
139 22nd Street, Brooklyn, NY 11232
For Sale
$1,550,000
Owner’s duplex pairs with a separate one-bedroom residence and private outdoor areas for both units.
Property Size1,920 SF
Price / SF$807.29
Days on Market61
Property Features for 139 22nd Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
in-unit washer and dryer
private outdoor section
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Compass
Listed By:
Parviz Latipzoda · License NY #10301222789
(917) 847-7771
Source:
Howardhannanyc
Added: Sep 11
Changed: Nov 9
Last Checked: Nov 8 at 3:22PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,920-square-foot two-family property includes an owner’s duplex and a separate one-bedroom, one-bathroom residence. The duplex offers two bedroom suites with en-suite bathrooms, a kitchen finished with quartzite countertops and a center island, in-unit laundry, and a primary bath with a steam shower and deep soaking tub. The property was built in 1910 and renovated approximately 10 years ago, with ongoing maintenance since then.
A divided backyard provides each residence with its own outdoor section for dining, entertaining, or day-to-day use. The home is a few blocks from the subway and approximately two and a half blocks from Fifth Avenue, with restaurants, cafes, shops, parks, and everyday services in the surrounding area.
A divided backyard provides each residence with its own outdoor section for dining, entertaining, or day-to-day use. The home is a few blocks from the subway and approximately two and a half blocks from Fifth Avenue, with restaurants, cafes, shops, parks, and everyday services in the surrounding area.
Key Highlights
- 1,920‑square‑foot two‑family property with an owner’s duplex and separate one‑bedroom, one‑bathroom residence
- Renovated approximately 10 years ago; built in 1910
- Owner’s duplex includes two bedroom suites with en‑suite bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,242
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,344,840
$1.3M
Cap Rate 7%
$960,600
$960.6K
Cap Rate 9%
$747,133
$747.1K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$97.9K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$96.1K $50.03/SF
− OpEx
−$28.8K −$15.01/SF
NOI
$67.2K $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%
$1,344,840
Cap Rate 7%
$960,600
Cap Rate 9%
$747,133
Alternative Uses
Best Use
Multifamily LT 5
$960.6K
$840.5K – $1.12M
NOI $67,242 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$837.4K
$732.7K – $976.9K
NOI $58,616 @ 7.0% cap · market cap 3.78%
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,283 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,673
Businesses Nearby
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Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Owner’s duplex pairs with a separate one-bedroom residence and private outdoor areas for both units.
Where is this duplex located?
The property is located at 139 22nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 1,920‑square‑foot two‑family property with an owner’s duplex and separate one‑bedroom, one‑bathroom residence; Renovated approximately 10 years ago; built in 1910; Owner’s duplex includes two bedroom suites with en‑suite bathrooms
