Duplex with Detached
New
For Sale
$1,349,000
1429 E 65th Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size2,236 SF
Lot Size0.08 Acres
Price / SF$603.31
Days on Market4
Property Features for 1429 E 65th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-2
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 4
Parking features
Garage - Detached
Interior features
Microwave, Refrigerator, Stove
Basement
Finished
Subdivision
Mill Basin
Standard status
Active
Size
2,236 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
10560
Building Details
Year built
1965
Floors in Building
2
Number of units
2
Flooring type
Carpet, Hardwood
Building materials
Brick
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Doreen Alfano
(718) 763-4110
Added: Oct 27
Changed: Oct 30
Last Checked: Oct 30 at 8:06AM
MLS# 505651
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.
Built in 1965, this detached brick duplex contains 2,236 square feet on a 0.0832-acre lot. The recorded room list includes six bedrooms and four bathrooms. A detached garage and private driveway provide on-site parking, and the property is zoned R3-2.
Key Highlights
- Detached brick duplex built in 1965
- 2,236 square feet on a 0.0832‑acre lot
- Six bedrooms and four bathrooms
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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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,519
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The brick residence offers six bedrooms, four bathrooms, and a private driveway.
Where is this duplex located?
The property is located at 1429 E 65th Street 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: Detached brick duplex built in 1965; 2,236 square feet on a 0.0832‑acre lot; Six bedrooms and four bathrooms
