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Two-Family Duplex with Backyard
For Sale
$2,400,000

146 Hopkins Street, Brooklyn, NY 11206

Residential Income, Brooklyn, NY

Property Size2,915 SF
Lot Size0.05 Acres
Price / SF$823.33
Days on Market20

Property Features for 146 Hopkins Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5
Parking 1
Parking features Driveway
Interior features First Floor Bedroom, First Floor Full Bath
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 01726-0109
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8374

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

private backyard

Building Details

Year built 1994
Number of units 2
Flooring type Hardwood
Building materials Frame
Listing Agency: Keller Williams Realty Greater
Listed By: Alida Dema
Added: Sep 21 Changed: Oct 5 Last Checked: Oct 10 at 10:06AM
MLS# 1053658

Copyright © 2026 OneKey MLS. 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 frame two-family property was built in 1994 and contains approximately 2,915 square feet of living space. The upper apartment has three bedrooms, one full bathroom, a kitchen, and a living room. The main-level apartment includes two bedrooms, two full bathrooms, a kitchen, and a living room. The lower level adds a family room, two bedrooms, and a full bathroom. Hardwood flooring, baseboard heat, and window or wall/window units are among the listed interior features. A private backyard and one-car driveway are also part of the property.

The property will be delivered vacant. Its approximately 0.0455-acre lot has a stated maximum buildable area of approximately 3,966 square feet, including approximately 1,051 square feet of additional buildable potential.

Key Highlights

  • Two‑family property with approximately 2,915 square feet of living space
  • Upper apartment has 3 bedrooms; main‑level apartment has 2 bedrooms
  • Lower level includes a family room, 2 bedrooms, and 1 full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$102,088
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,041,760 $2.0M
Cap Rate 7%
$1,458,400 $1.5M
Cap Rate 9%
$1,134,311 $1.1M
Market Conditions
NOI Build-Up for 2,915 SF
Gross rent
$148.7K $51.00/SF
− Vacancy
−$2.8K −$0.97/SF
EGI
$145.8K $50.03/SF
− OpEx
−$43.8K −$15.01/SF
NOI
$102.1K $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%
$2,041,760
Cap Rate 7%
$1,458,400
Cap Rate 9%
$1,134,311

Alternative Uses

Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.70M (±1% cap)
NOI $102,088 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,992 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$2.41M
$2.11M – $2.82M (±1% cap)
NOI $168,953 @ 7.0% cap · market cap 7.04%
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 Real Estate Agency Auto Parts Store HVAC Service Dental Office Spa & Massage Center

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

6,557
Businesses Nearby

Demographics for 11206, NY

91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
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 - Delivered vacant, the property has two apartments and a lower-level family room.
Where is this duplex located?
The property is located at 146 Hopkins Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Two‑family property with approximately 2,915 square feet of living space; Upper apartment has 3 bedrooms; main‑level apartment has 2 bedrooms; Lower level includes a family room, 2 bedrooms, and 1 full bathroom
More about this property
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