Two-Family Brick Townhouse with
151 14th Street Brooklyn, NY 11215
151 14th Street, Brooklyn, NY, 11215
$1,995,000
For Sale
$1,995,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,960 SF
Lot Size0.05 Acres
Price / SF$1,017
Days on Market43
Property Features for 151 14th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Patio and Porch features
- Patio
- Interior features
- Dishwasher, Patio Garden, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,960 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5118
Building Details
- Year built
- 1899
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Ceramic, Laminate
- Building materials
- Brick
- Roof type
- Flat
Listing agency
Bellmarc
(718) 768-4500
Listed by
Gamal Hasan
(718) 768-4500
Added: Jun 10 Updated: Jul 11 at 6:33PM Checked: Jul 22 at 10:06AM
MLS# 502193
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.
151 14th Street is a two-family brick townhouse configured as two well-defined units with indoor and outdoor space. The first-level unit offers a four-room layout with one bedroom and one full bath, with direct access to a private patio and an expansive rear garden. The upper-level unit also has a four-room layout, including two bedrooms and one full bath. A full basement provides additional usable space and includes both interior and exterior access for storage, recreation, or other customization.
The property sits on a 20 x 100 lot and is zoned R6B. The listing indicates approximately 4,000 buildable square feet, which may support opportunities for expansion, reconfiguration, or development consistent with zoning. It is located near the 4th Avenue-9th Street (F/G) and Prospect Avenue (R) subway stations, with nearby dining, shopping, and neighborhood amenities.
This setup is well suited for an end-user seeking rental income alongside a private outdoor area, or for a buyer looking for flexibility to adapt the home’s layout over time. With two distinct units already in place, it can also be considered by buyers interested in converting the property into a single-family home, while keeping the patio, garden, and basement amenities as part of the overall living experience.
The property sits on a 20 x 100 lot and is zoned R6B. The listing indicates approximately 4,000 buildable square feet, which may support opportunities for expansion, reconfiguration, or development consistent with zoning. It is located near the 4th Avenue-9th Street (F/G) and Prospect Avenue (R) subway stations, with nearby dining, shopping, and neighborhood amenities.
This setup is well suited for an end-user seeking rental income alongside a private outdoor area, or for a buyer looking for flexibility to adapt the home’s layout over time. With two distinct units already in place, it can also be considered by buyers interested in converting the property into a single-family home, while keeping the patio, garden, and basement amenities as part of the overall living experience.
Key Highlights
- Two‑family brick townhouse built in 1899, currently configured as two separate units
- First‑floor unit has 1 bedroom and 1 full bath with direct access to a private patio and expansive rear garden
- Upper unit includes 2 bedrooms and 1 full bath, with a four‑room layout
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 | $100.0k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $98.1k | $50.03 |
| − OpEx | −$29.4k | −$15.01 |
| NOI | $68.6k | $35.02 |
1,960 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$980.6K
$858.0K – $1.14M
NOI $68,643 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$854.8K
$748.0K – $997.3K
NOI $59,837 @ 7.0% cap · market cap 3.00%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,602 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two well-defined units, private patio and rear garden, plus full basement with interior and exterior access on R6B zoning lot.
Where is this duplex located?
The property is located at 151 14th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Two‑family brick townhouse built in 1899, currently configured as two separate units; First‑floor unit has 1 bedroom and 1 full bath with direct access to a private patio and expansive rear garden; Upper unit includes 2 bedrooms and 1 full bath, with a four‑room layout
