Brick Duplex With Garden
For Sale
$869,000
Pending
143 Newport Street, Brooklyn, NY 11212
Two-family brick property with separate living areas, parking, and transit access in Brooklyn.
Property Size2,550 SF
Days on Market67
Property Features for 143 Newport Street
General Information
Standard status
Pending
Size
2,550 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 4BR/2.5BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,503
Amenities
hardwood floors
private backyard
washer/dryer hookup
parking
Building Details
Building Size
2,550 SF
Year Built
2004
Buildings
1
Construction
brick
Listing Agency:
Excell Choice Realty
Listed By:
Jeloni Cunningham
(718) 705-4646
Source:
Penrealty
Added: Aug 13
Changed: Oct 6
Last Checked: Oct 16 at 6:04PM
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 Excell Choice Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-family brick duplex, built in 2004, includes an upper residence with four bedrooms and two and a half bathrooms, along with a separate garden-level apartment offering three bedrooms and one bathroom. The upper home features hardwood flooring, an open living and dining arrangement, a half bath, private outdoor space, three additional bedrooms, two full bathrooms, primary-suite storage, and washer/dryer hookups. The lower unit provides generous closet space and a distinct three-bedroom layout.
Parking is included, with access to the (3) train and nearby bus routes. The property is located at 143 Newport St in Brooklyn, NY 11212. Walk Score is 73, Bike Score is 56, and Transit Score is 84.
Parking is included, with access to the (3) train and nearby bus routes. The property is located at 143 Newport St in Brooklyn, NY 11212. Walk Score is 73, Bike Score is 56, and Transit Score is 84.
Key Highlights
- Two‑family brick duplex built in 2004
- Upper residence offers 4 bedrooms and 2.5 bathrooms
- Separate garden‑level unit includes 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,849
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,980
$1.6M
Cap Rate 7%
$1,112,129
$1.1M
Cap Rate 9%
$864,989
$865.0K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$144.4K $56.64/SF
− Vacancy
−$2.9K −$1.13/SF
EGI
$141.5K $55.51/SF
− OpEx
−$63.7K −$24.98/SF
NOI
$77.8K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,980
Cap Rate 7%
$1,112,129
Cap Rate 9%
$864,989
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,305 @ 7.0% cap · market cap 10.28%
Second Best
Apartment 5plus
$1.11M
$973.1K – $1.30M
NOI $77,849 @ 7.0% cap · market cap 8.96%
Theoretical Best
Specialty Retail
$2.11M
$1.85M – $2.46M
NOI $147,798 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,458
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-family brick property with separate living areas, parking, and transit access in Brooklyn.
Where is this duplex located?
The property is located at 143 Newport Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Two‑family brick duplex built in 2004; Upper residence offers 4 bedrooms and 2.5 bathrooms; Separate garden‑level unit includes 3 bedrooms and 1 bathroom
