Brick Two-Family
For Sale
$1,495,000
Pending
1475 Jefferson Avenue, Brooklyn, NY 11237
Residential Income, Brooklyn, NY
Property Size3,300 SF
Lot Size0.05 Acres
Days on Market63
Property Features for 1475 Jefferson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Basement, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 1
Parking features
On Street
Interior features
First Floor Bedroom
Basement
Full
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Pending
APN
03386-0034
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4929
Utilities
Sewer type
Public Sewer
Heating system
Oil
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1901
Number of units
2
Building materials
Brick
Listing Agency:
Elite Real Estate Group 1 LLC
Listed By:
Anne Gershkowitz
(718) 684-6642
Added: Aug 10
Changed: Oct 5
Last Checked: Oct 11 at 1:06AM
MLS# 1037265
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.
Located at 1475 Jefferson Avenue in Brooklyn’s Bushwick neighborhood, this brick townhouse contains two residential units arranged across two stories, along with a full basement. Original wood floors, stair details, and moldings remain, while the property is offered in as-is condition for renovation. The home was built in 1901 and includes a first-floor bedroom among its interior features.
The property sits on a 0.0459-acre lot and has on-street parking. Public water and public sewer serve the building. Heating is provided by oil, with wall/window and window unit cooling listed. Its Bushwick setting places the property within a neighborhood known for restaurants, cafés, galleries, street art, nightlife, and cultural activity, with access to Manhattan and other Brooklyn neighborhoods noted in the listing.
The property sits on a 0.0459-acre lot and has on-street parking. Public water and public sewer serve the building. Heating is provided by oil, with wall/window and window unit cooling listed. Its Bushwick setting places the property within a neighborhood known for restaurants, cafés, galleries, street art, nightlife, and cultural activity, with access to Manhattan and other Brooklyn neighborhoods noted in the listing.
Key Highlights
- Two residential units in a brick townhouse
- Two‑story layout with a full basement
- 0.0459‑acre lot in Bushwick
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,572
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,311,440
$2.3M
Cap Rate 7%
$1,651,029
$1.7M
Cap Rate 9%
$1,284,133
$1.3M
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$168.3K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$165.1K $50.03/SF
− OpEx
−$49.5K −$15.01/SF
NOI
$115.6K $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%
$2,311,440
Cap Rate 7%
$1,651,029
Cap Rate 9%
$1,284,133
Alternative Uses
Best Use
Multifamily LT 5
$1.65M
$1.44M – $1.93M
NOI $115,572 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,746 @ 7.0% cap · market cap 6.74%
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.19M
NOI $191,268 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,258
Businesses Nearby
Explore this area
Business Placement
Demographics for 11237, NY
49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units span two stories with a full basement and original woodwork in Bushwick.
Where is this duplex located?
The property is located at 1475 Jefferson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two residential units in a brick townhouse; Two‑story layout with a full basement; 0.0459‑acre lot in Bushwick
