Single-Family Home with Finished
For Sale
$850,000
1441 E 65th Street, Brooklyn, NY 11234
SINGLE_FAMILY - Brooklyn, NY
Property Size1,242 SF
Lot Size0.06 Acres
Price / SF$684.38
Days on Market69
Property Features for 1441 E 65th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
3
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Interior features
Central Air - Split, Dishwasher, Microwave, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Mill Basin
Standard status
Active
Size
1,242 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
6924
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Wood Frame
Architectural style
Other
Listing Agency:
Pride Estates
(718) 569-2888
Listed By:
Louis Prince
(718) 569-2888
Added: Jun 25
Changed: Aug 10
Last Checked: Sep 1 at 12:06PM
MLS# 502593
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 beautifully maintained single-family residence includes three bedrooms on the top floor and substantial attic storage accessible via a pull-down ladder. On the first floor, a sunroom complements a bright living room, formal dining room, and an inviting kitchen, with new flooring providing an updated look. The full finished basement includes a separate entrance and a 3/4 bathroom with a stand-up shower, along with additional recreation or office space.
Outside, the property features a full private driveway accommodating three full-sized vehicles. The backyard is designed for outdoor living with pavers throughout and an abundance of outdoor electrical outlets.
The home is listed in zoning R3-2 and is located in Brooklyn, NY 11234, close to shopping, schools, restaurants, and transportation.
Outside, the property features a full private driveway accommodating three full-sized vehicles. The backyard is designed for outdoor living with pavers throughout and an abundance of outdoor electrical outlets.
The home is listed in zoning R3-2 and is located in Brooklyn, NY 11234, close to shopping, schools, restaurants, and transportation.
Key Highlights
- Single‑family home built in 1920 with wood‑frame construction
- Main level includes sunroom, living room, formal dining room, and kitchen
- Top floor has three bedrooms plus attic storage accessible via a pull‑down ladder
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
$37,917
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
4.46%
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%
$758,340
$758.3K
Cap Rate 7%
$541,671
$541.7K
Cap Rate 9%
$421,300
$421.3K
Market Conditions
NOI Build-Up for 1,242 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
$70.3K $56.64/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$68.9K $55.51/SF
− OpEx
−$31.0K −$24.98/SF
NOI
$37.9K $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 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%
$758,340
Cap Rate 7%
$541,671
Cap Rate 9%
$421,300
Alternative Uses
Best Use
Apartment 5plus
$541.7K
$474.0K – $632.0K
NOI $37,917 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.03M
$899.8K – $1.20M
NOI $71,986 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Well-maintained home with three bedrooms, a sunroom, and a finished basement featuring a separate entrance and 3/4 bath.
Where is this single family property located?
The property is located at 1441 E 65th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Single‑family home built in 1920 with wood‑frame construction; Main level includes sunroom, living room, formal dining room, and kitchen; Top floor has three bedrooms plus attic storage accessible via a pull‑down ladder
