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Two-Family Duplex with Finished Basement
New
For Sale
$1,650,000

1416 80th Street, Brooklyn, NY 11228

Residential, Brooklyn, NY

Property Size2,200 SF
Lot Size0.06 Acres
Price / SF$750
Days on Market7

Property Features for 1416 80th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 5
Interior features Refrigerator, Stove
Basement Finished, Full
Subdivision Bensonhurst
Standard status Active
Size 2,200 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 10413

Amenities

front and back yards

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Hardwood, Tile
Building materials Wood Frame
Listing Agency: Tiger Realty
Listed By: Hang (Tyler) Chen · License #HC3855
Added: Sep 25 Changed: Sep 29 Last Checked: Oct 1 at 3:06PM
MLS# 504849

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 detached duplex contains two family units with a combined 2,200 square feet, seven bedrooms, and three bathrooms. A full finished basement adds interior space, while hardwood and tile flooring, a refrigerator, and a stove are among the listed features. The home was built in 1920 and occupies a 0.0604-acre lot measuring 26 by 100 feet, with an 18-by-55-foot building footprint.

A shared driveway serves the property, which also has front and rear yards. The address is 1416 80th Street in Brooklyn, New York, and the zoning designation is R4.

Key Highlights

  • Two‑family detached duplex
  • 2,200 square feet with 7 bedrooms and 3 bathrooms
  • Full finished basement

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
$77,048
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
4.67%
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%
$1,540,960 $1.5M
Cap Rate 7%
$1,100,686 $1.1M
Cap Rate 9%
$856,089 $856.1K
Market Conditions
NOI Build-Up for 2,200 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
$112.2K $51.00/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$110.1K $50.03/SF
− OpEx
−$33.0K −$15.01/SF
NOI
$77.0K $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%
$1,540,960
Cap Rate 7%
$1,100,686
Cap Rate 9%
$856,089

Alternative Uses

Best Use
Multifamily LT 5
$1.10M
$963.1K – $1.28M (±1% cap)
NOI $77,048 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$959.5K
$839.6K – $1.12M (±1% cap)
NOI $67,164 @ 7.0% cap · market cap 4.07%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.13M (±1% cap)
NOI $127,512 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,593
Businesses Nearby

Demographics for 11228, NY

45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Seven bedrooms, three bathrooms, and outdoor areas provide a flexible residential layout.
Where is this duplex located?
The property is located at 1416 80th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two‑family detached duplex; 2,200 square feet with 7 bedrooms and 3 bathrooms; Full finished basement
More about this property
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