Renovated Two-Family Duplex
1495 E 15th Street Brooklyn, NY 11230
For Sale
$1,250,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,900 SF
Lot Size0.04 Acres
Price / SF$657.89
Days on Market52
Property Features for 1495 E 15th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Carport
- Patio and Porch features
- Patio, Deck
- Interior features
- Central Air - Split, Deck, Dishwasher, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove
- Basement
- Full
- Standard status
- Active
- Size
- 1,900 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8093
Building Details
- Floors in Building
- 3
- Flooring type
- Ceramic, Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Bellmarc
(718) 768-4500
Listed By:
Adnan Hasan · License #AH3345
(718) 768-4500
Added: Jun 5
Changed: Jul 18
Last Checked: Jul 26 at 7:06PM
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.
Investment Insights
Based on property information with market context.
This completely renovated two-family duplex is move-in ready, with quality finishes throughout. The first-floor unit includes a spacious living room and dining room combination, a kitchen with access to the rear yard, one bedroom, a full bathroom, and separate washer and dryer hookup. The upper duplex features an open-concept layout, with the second floor offering a bright living room, dining area, and kitchen with access to the rear deck, along with a full bathroom. The top floor provides three generously sized bedrooms and an additional full bathroom. Every room is equipped with its own split-system heating and cooling unit for year-round comfort. Hardwood floors run throughout, and the home includes brand-new appliances, renovated kitchens and bathrooms, and two washer and dryer setups.
Situated in Brooklyn with R5B zoning, the property is described as being in the Midwood area and is positioned minutes from the B, Q, and F subway lines and multiple bus routes. The surrounding area is noted for shopping, supermarkets, restaurants, cafes, and everyday conveniences, supporting flexible day-to-day living for both residents and guests.
For buyers seeking an income-producing residential asset, this layout provides two separate dwelling levels with multiple bedrooms on the upper floors and dedicated in-unit laundry capabilities. The renovations and individual climate control by room are intended to reduce immediate maintenance needs and support comfortable occupancy across both units.
Situated in Brooklyn with R5B zoning, the property is described as being in the Midwood area and is positioned minutes from the B, Q, and F subway lines and multiple bus routes. The surrounding area is noted for shopping, supermarkets, restaurants, cafes, and everyday conveniences, supporting flexible day-to-day living for both residents and guests.
For buyers seeking an income-producing residential asset, this layout provides two separate dwelling levels with multiple bedrooms on the upper floors and dedicated in-unit laundry capabilities. The renovations and individual climate control by room are intended to reduce immediate maintenance needs and support comfortable occupancy across both units.
Key Highlights
- Completely renovated two‑family home in Midwood with move‑in‑ready kitchens and bathrooms
- Four bedrooms plus 3 full bathrooms across the two units, including a top floor with three bedrooms
- Each room has split‑system heating and cooling units for year‑round comfort
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 | $96.9k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $95.1k | $50.03 |
| − OpEx | −$28.5k | −$15.01 |
| NOI | $66.5k | $35.02 |
1,900 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$950.6K
$831.8K – $1.11M
NOI $66,541 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$828.6K
$725.1K – $966.8K
NOI $58,005 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$1.57M
$1.38M – $1.84M
NOI $110,124 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in-ready two-family property with renovated kitchens and baths, plus dedicated washer and dryer setups.
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 $1,250,000.
What are key features of this property?
This property features: Completely renovated two‑family home in Midwood with move‑in‑ready kitchens and bathrooms; Four bedrooms plus 3 full bathrooms across the two units, including a top floor with three bedrooms; Each room has split‑system heating and cooling units for year‑round comfort
