Detached Duplex with
New
For Sale
$1,349,000
1429 E 65th St, Brooklyn, NY 11234
Two separate 6.5-room residences are complemented by a full basement and private driveway.
Property Size2,236 SF
Days on Market3
Property Features for 1429 E 65th St
General Information
Standard status
Active
Size
2,236 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,560
Building Details
Building Size
2,236 SF
Year Built
1965
Stories
2
Listing Agency:
BERGEN BASIN REALTY LLC
Listed By:
Doreen Alfano
(718) 763-4110
Source:
Elliman
Added: Oct 28
Last Checked: Oct 28 at 2:58PM
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 BERGEN BASIN REALTY LLC
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Investment Insights
Based on property information with market context.
This detached duplex, built in 1965, contains two 6.5-room residences and a large basement. A one-car garage and private driveway provide on-site vehicle access. The building is configured as two separate homes, with the basement adding additional space.
Key Highlights
- Two detached residences, each with 6.5 rooms
- Large basement
- One‑car garage and private driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,309
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,566,180
$1.6M
Cap Rate 7%
$1,118,700
$1.1M
Cap Rate 9%
$870,100
$870.1K
Market Conditions
NOI Build-Up for 2,236 SF
Gross rent
$114.0K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$111.9K $50.03/SF
− OpEx
−$33.6K −$15.01/SF
NOI
$78.3K $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%
$1,566,180
Cap Rate 7%
$1,118,700
Cap Rate 9%
$870,100
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$978.9K – $1.31M
NOI $78,309 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$975.2K
$853.3K – $1.14M
NOI $68,263 @ 7.0% cap · market cap 5.06%
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,599 @ 7.0% cap · market cap 9.61%
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
4,652
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 separate 6.5-room residences are complemented by a full basement and private driveway.
Where is this duplex located?
The property is located at 1429 E 65th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Two detached residences, each with 6.5 rooms; Large basement; One‑car garage and private driveway
