Renovated Two-Family
For Sale
$1,195,000
1495 E 15th Street, Brooklyn, NY 11230
Residential, Brooklyn, NY
Property Size1,900 SF
Lot Size0.04 Acres
Price / SF$628.95
Days on Market144
Property Features for 1495 E 15th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1
Parking features
Carport
Patio and Porch features
Deck, Patio
Interior features
Central Air - Split, Deck, Dishwasher, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove
Basement
Full
Subdivision
Midwood
Standard status
Active
Size
1,900 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
8093
Amenities
rear yard
rear deck
hardwood floors
split-system heating and cooling
washer/dryer
Building Details
Floors in Building
3
Flooring type
Tile, Ceramic, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Bellmarc
Listed By:
Adnan Hasan
(718) 768-4500
Added: Jun 5
Changed: Oct 20
Last Checked: Oct 26 at 9:06PM
MLS# 502052
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.
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Investment Insights
Based on property information with market context.
This renovated brick duplex at 1495 E 15th Street includes two residential apartments totaling 1900 square feet on a 0.0416-acre lot. The first-floor unit has a living and dining area, kitchen access to a rear yard, one bedroom, a full bathroom, and washer and dryer hookups. An upper duplex adds an open living and dining layout, kitchen access to a rear deck, three bedrooms, two full bathrooms, and a second laundry setup.
Interior improvements include hardwood, tile, and ceramic flooring, updated kitchens and bathrooms, brand-new appliances, and split-system heating and cooling units throughout. The property is zoned R5B and includes a carport, deck, and patio. Its Brooklyn location provides access to the B, Q, and F subway lines, bus routes, shopping, supermarkets, restaurants, and cafes.
Interior improvements include hardwood, tile, and ceramic flooring, updated kitchens and bathrooms, brand-new appliances, and split-system heating and cooling units throughout. The property is zoned R5B and includes a carport, deck, and patio. Its Brooklyn location provides access to the B, Q, and F subway lines, bus routes, shopping, supermarkets, restaurants, and cafes.
Key Highlights
- Two‑family duplex with 1900 square feet of residential space
- 0.0416‑acre lot at 1495 E 15th Street, Brooklyn, NY 11230
- Renovated kitchens and bathrooms with brand‑new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,541
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,820
$1.3M
Cap Rate 7%
$950,586
$950.6K
Cap Rate 9%
$739,344
$739.3K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$96.9K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$95.1K $50.03/SF
− OpEx
−$28.5K −$15.01/SF
NOI
$66.5K $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%
$1,330,820
Cap Rate 7%
$950,586
Cap Rate 9%
$739,344
Alternative Uses
Best Use
Multifamily LT 5
$950.6K
$831.8K – $1.11M
NOI $66,541 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$828.6K
$725.1K – $966.8K
NOI $58,005 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$1.57M
$1.38M – $1.84M
NOI $110,124 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,278
Businesses Nearby
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Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Brick income property with separate apartments, outdoor spaces, split-system climate control, and laundry connections.
Where is this duplex located?
The property is located at 1495 E 15th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two‑family duplex with 1900 square feet of residential space; 0.0416‑acre lot at 1495 E 15th Street, Brooklyn, NY 11230; Renovated kitchens and bathrooms with brand‑new appliances
