Duplex with Detached
New
For Sale
$1,999,000
150 97th Street, Brooklyn, NY 11209
Residential, Duplex, Brooklyn, NY
Property Size2,264 SF
Lot Size0.11 Acres
Price / SF$882.95
Days on Market5
Property Features for 150 97th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4A
Bedrooms
4
Bathrooms
3
Full bathrooms
1
Rooms
Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Parking features
Garage - Detached
Patio and Porch features
Porch
Interior features
A/C Unit - Wall, Dishwasher, Dryer, Fireplace, Garage Door Opener(s), Laundry Area, Porch, Stove, Washer
Fireplace
1
Basement
Finished, Full
Subdivision
Bay Ridge
Standard status
Active
Size
2,264 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
15033
Amenities
classic front porch
multi car driveway
detached garage
Building Details
Year built
1915
Floors in Building
2
Flooring type
Parquet Wood, Granite
Architectural style
Other
Listing Agency:
Real Broker NY LLC
Listed By:
David Parcell
(718) 256-4000
Added: Nov 2
Last Checked: Nov 6 at 5:06AM
MLS# 505739
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 2,264-square-foot duplex in Brooklyn was built in 1915 and is currently used as a single-family residence. The property has four bedrooms, three bathrooms, an open floor plan, and a front porch. Interior features include wall-mounted air conditioning, a fireplace, a dishwasher, and a laundry area. A detached garage and multi-car driveway provide parking.
The 0.109-acre parcel is zoned R4A. The property is minutes from the 95th Street R-train station.
The 0.109-acre parcel is zoned R4A. The property is minutes from the 95th Street R-train station.
Key Highlights
- 2,264‑square‑foot duplex on a 0.109‑acre lot
- Four bedrooms and three bathrooms
- Currently used as a single‑family residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,289
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,780
$1.6M
Cap Rate 7%
$1,132,700
$1.1M
Cap Rate 9%
$880,989
$881.0K
Market Conditions
NOI Build-Up for 2,264 SF
Gross rent
$115.5K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$113.3K $50.03/SF
− OpEx
−$34.0K −$15.01/SF
NOI
$79.3K $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%
$1,585,780
Cap Rate 7%
$1,132,700
Cap Rate 9%
$880,989
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$991.1K – $1.32M
NOI $79,289 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$987.4K
$864.0K – $1.15M
NOI $69,118 @ 7.0% cap · market cap 3.46%
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.19M
NOI $131,221 @ 7.0% cap · market cap 6.56%
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
3,196
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
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 - Currently used as a single-family residence, the two-family property has an open interior layout and a front porch.
Where is this duplex located?
The property is located at 150 97th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 2,264‑square‑foot duplex on a 0.109‑acre lot; Four bedrooms and three bathrooms; Currently used as a single‑family residence
