151 14th St, Brooklyn, NY 11215
Two-unit layout with private patio, rear garden, and full basement access on an R6B lot.
- Added:
- Jun 14, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 16 at 2:26 am
Property Features for 151 14th St
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1899
Listing agent Gamal Hasan (718) 768-4500
Listing office Century 21 Block & Lot R.E (718) 768-4500
Listing date Jun 14, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Block & Lot R.E
HighLights
- Two‑family brick townhouse with 4‑room first‑floor unit and 4‑room upper unit, each with its own bedrooms and full bath
- First‑level unit has direct access to a private patio and expansive rear garden
- Upper‑level unit includes four rooms with 2 bedrooms and 1 full bath
- Full basement with both interior and exterior access for storage, recreation, or workspace
- 20 x 100 lot with R6B zoning; approximately 4,000 buildable SF per provided remarks
- Near 4th Avenue–9th Street (F/G) and Prospect Avenue (R) subway stations
Overview
Set on a 20 x 100 lot with R6B zoning, the property allows approximately 4,000 buildable square feet, creating options for expansion, reconfiguration, or development depending on approvals. The home is located near the 4th Avenue–9th Street (F/G) and Prospect Avenue (R) subway stations, with proximity to Prospect Park and a range of nearby dining and shopping.
This property fits end-users who want a primary residence with rental income, as well as investors seeking a straightforward two-unit setup. It also presents a practical conversion path to a single-family home, supported by the existing unit layouts and the additional basement access.
Local 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 | $204.0k | $51.00 |
| − Vacancy | −$3.9k | −$0.97 |
| EGI | $200.1k | $50.03 |
| − OpEx | −$60.0k | −$15.01 |
| NOI | $140.1k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.99241
- Latitude
- 40.66817
