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Brand-New Two-Family Home

1472 Blake Avenue Brooklyn, NY 11208

Claim this Listing
For Sale
$1,125,000

MULTI_FAMILY - Brooklyn, NY

Property size:
2,950 SF
Lot size:
0.07 Acres
Price / SF:
$381/SF
Added:
May 7, 2026
Days on Market:
65
Last Refresh:
Jul 10 at 10:06 am

Property Features for 1472 Blake Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R4
Bedrooms
6
Bathrooms
5
Rooms
Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 5, Bedroom 2, Bathroom 4
Interior features
Central Air - Split, Dishwasher, Laundry Area, Microwave
Basement
Full, Finished
Standard status
Active
Size
2,950 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
930

Utilities

Water front
1

Building Details

Year built
2026
Floors in Building
2
Flooring type
Hardwood
Building materials
Block
Roof type
Shingle
Architectural style
Colonial

Listing agent Cheryl Rosenthal License #10311207324

Listing office Realty Trends Corp One Cross Island Plaza Ste#11, Rosedale, NY

Listing date May 7, 2026

MLS# 501225 Listing URL

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.

A brand-new construction two-family home at 1472 Blake Avenue offers a total of 6 bedrooms and 5 bathrooms. The property consists of two separate 3-bedroom apartments, each with 2 full baths, along with custom kitchen finishes and designer bathroom features. Gleaming hardwood flooring is installed throughout. The full finished basement includes a separate entry and its own full bathroom, adding flexibility for additional living space or related tenant use.

The home is set on a private driveway with ample space to park cars. It is located in the city line area, with shopping and restaurants nearby and an easy commute to NYC as described in the listing remarks.

This configuration can appeal to owner-occupants or investors seeking a straightforward duplex layout with clearly defined unit separation, plus an added basement level that can function as supplemental interior space. With new construction already completed and waiting only for water and sewer hook-ups, the property presents a defined, residential income setup supported by the two 3-bedroom units and the basement’s separate entry.

Key Highlights

  • Brand new 2026 construction home (Colonial) in progress/completed, currently waiting for water and sewer hookups
  • Two‑family layout with 6 bedrooms and 5 bathrooms total
  • Each unit offers a 3‑bedroom apartment with 2 full baths

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $113.3k $38.40
− Vacancy −$5.1k −$1.73
EGI $108.2k $36.67
− OpEx −$32.5k −$11.00
NOI $75.7k $25.67
2,950 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.08M
$946.6K – $1.26M (±1% cap)
NOI $75,728 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$963.3K
$842.9K – $1.12M (±1% cap)
NOI $67,429 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,353 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Parking Lot & Garage Acupuncture Nursing Home Nursing Home Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Completed new construction duplex offering two 3-bedroom units plus a finished basement with separate entry and full bath.
Where is this duplex located?
The property is located at 1472 Blake Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Brand new 2026 construction home (Colonial) in progress/completed, currently waiting for water and sewer hookups; Two‑family layout with 6 bedrooms and 5 bathrooms total; Each unit offers a 3‑bedroom apartment with 2 full baths
Contact an agent
More about this property
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