Three-Bedroom Duplex with
For Sale
$749,000
1495 E 45th Street, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size990 SF
Lot Size0.04 Acres
Price / SF$756.57
Days on Market126
Property Features for 1495 E 45th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1
Patio and Porch features
Deck
Interior features
A/C Unit - Wall, Deck, Refrigerator, Stove
Basement
Finished, Full
Subdivision
Flatlands
Standard status
Active
Size
990 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2237
Building Details
Year built
1925
Floors in Building
2
Flooring type
Hardwood
Roof type
Shingle, Flat
Architectural style
Other
Listing Agency:
Fine Choice Realty Inc
Listed By:
Barrington Richards
(718) 363-2200
Added: Jun 24
Changed: Oct 25
Last Checked: Oct 26 at 11:06PM
MLS# 502547
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 duplex at 1495 E 45th Street includes 990 square feet, three bedrooms, and three bathrooms. Built in 1925, the property features hardwood flooring, wall-unit air conditioning, a refrigerator, stove, and deck. The full basement adds enclosed space that can support storage, recreation, or office use. Repairs and cosmetic updating are needed.
The property occupies 0.0436 acres in Brooklyn, NY 11234, within Kings County. R4 zoning and the existing duplex configuration define the property’s residential use profile. The roof includes both shingle and flat sections.
The property occupies 0.0436 acres in Brooklyn, NY 11234, within Kings County. R4 zoning and the existing duplex configuration define the property’s residential use profile. The roof includes both shingle and flat sections.
Key Highlights
- 990‑square‑foot duplex with 3 bedrooms and 3 bathrooms
- Full basement with storage, recreation, or office‑use potential
- R4 zoning in Brooklyn, NY 11234
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,671
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,420
$693.4K
Cap Rate 7%
$495,300
$495.3K
Cap Rate 9%
$385,233
$385.2K
Market Conditions
NOI Build-Up for 990 SF
Gross rent
$50.5K $51.00/SF
− Vacancy
−$959 −$0.97/SF
EGI
$49.5K $50.03/SF
− OpEx
−$14.9K −$15.01/SF
NOI
$34.7K $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%
$693,420
Cap Rate 7%
$495,300
Cap Rate 9%
$385,233
Alternative Uses
Best Use
Multifamily LT 5
$495.3K
$433.4K – $577.9K
NOI $34,671 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$431.8K
$377.8K – $503.7K
NOI $30,224 @ 7.0% cap · market cap 4.04%
Theoretical Best
Specialty Retail
$819.7K
$717.3K – $956.3K
NOI $57,380 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,686
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - R4-zoned duplex with hardwood floors, a deck, three bathrooms, and a full basement for additional interior use.
Where is this duplex located?
The property is located at 1495 E 45th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 990‑square‑foot duplex with 3 bedrooms and 3 bathrooms; Full basement with storage, recreation, or office‑use potential; R4 zoning in Brooklyn, NY 11234
