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Brick and Block Duplex with Private Driveway
For Sale
$899,000

153 Hendrix Street, Brooklyn, NY 11207

MULTI_FAMILY - Brooklyn, NY

Property Size2,063 SF
Lot Size0.06 Acres
Price / SF$435.77
Days on Market572

Property Features for 153 Hendrix Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1
Patio and Porch features Porch
Interior features Porch, Refrigerator, Stove
Subdivision Bushwick
Standard status Active
Size 2,063 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6207

Building Details

Year built 1993
Floors in Building 2
Number of units 2
Flooring type Laminate, Tile, Ceramic
Building materials Block
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Hugo Salazar · License #31SA1010105
Added: Jan 10, 2025 Changed: Aug 1 Last Checked: Aug 5 at 12:06AM
MLS# 488289

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.

Built in 1993, this R4-zoned two-family duplex at 153 Hendrix Street features a brick front combined with masonry block and siding. The property includes a private driveway that can accommodate 3+ cars, plus a porch and backyard outdoor space.

The top-floor apartment offers 2 bedrooms, 1 bathroom, and a private front porch exclusively for the second-floor unit. The ground-floor apartment includes an opened, spacious living and dining room layout with 3 bedrooms and 1.5 bathrooms, also in good condition.

Mechanical upgrades include upgraded electric systems, efficient gas heating, and a modern gas hot water tank for both units. With a 0.0639-acre lot and 2,063 square feet of interior space, the home is located in Cypress Hills, a neighborhood on the border between Brooklyn and Queens, with quick access to the Jackie Robinson entrance, minutes to JFK Airport, and minutes to the J and A train.

Key Highlights

  • R4‑zoned two‑family duplex with brick front plus masonry block and siding
  • Top‑floor unit: 2 bedrooms, 1 bathroom, private front porch
  • Ground‑floor unit: 3 bedrooms, 1.5 bathrooms with open living and dining layout

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 $105.2k $51.00
− Vacancy −$2.0k −$0.97
EGI $103.2k $50.03
− OpEx −$31.0k −$15.01
NOI $72.2k $35.02
2,063 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.03M
$903.1K – $1.20M (±1% cap)
NOI $72,250 @ 7.0% cap · market cap 8.04%
Second Best
Apartment 5plus
$899.7K
$787.3K – $1.05M (±1% cap)
NOI $62,981 @ 7.0% cap · market cap 7.01%
Theoretical Best
Specialty Retail
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,571 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,410
Businesses Nearby

Demographics for 11207, NY

100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value

Market

Properties on Market for Duplexes in Brooklyn

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R4-zoned two-family duplex with gas heating, upgraded electric, and a private front porch for the upper unit.
Where is this duplex located?
The property is located at 153 Hendrix Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: R4‑zoned two‑family duplex with brick front plus masonry block and siding; Top‑floor unit: 2 bedrooms, 1 bathroom, private front porch; Ground‑floor unit: 3 bedrooms, 1.5 bathrooms with open living and dining layout
More about this property
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