Two-Family Duplex with Detached
For Sale
$1,189,000
1539 W 5th Street, Brooklyn, NY 11204
MULTI_FAMILY - Brooklyn, NY
Property Size1,437 SF
Lot Size0.05 Acres
Price / SF$827.42
Days on Market118
Property Features for 1539 W 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
Parking features
Garage - Detached
Patio and Porch features
Patio, Porch
Interior features
A/C Unit - Wall, Central Air - Split, Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Window Treatments
Basement
Full, Finished
Subdivision
Bensonhurst
Standard status
Active
Size
1,437 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7905
Amenities
cement driveway
fenced in front yard
separate tenant entrance
storage attic
many windows
garage
private driveway
rear back yard
security cameras
split air condition units
ac sleeve for upstairs apartment
marble floor
ceramic floor
wood kitchen cabinet
new fridge
finished basement
Building Details
Year built
1925
Floors in Building
2
Number of units
1
Flooring type
Marble, Laminate, Ceramic
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
Block Full Realty LLC
(347) 328-4650
Listed By:
Martin L. Cappa
(347) 328-4650
Added: Apr 18
Changed: Aug 10
Last Checked: Aug 13 at 9:06AM
MLS# 500637
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.
This two-family duplex at 1539 W 5th Street includes 1,437 square feet on a 0.051-acre lot. The 1925 wood-frame Colonial features separate tenant entrances, a finished basement, storage attic, multiple windows, marble, laminate, and ceramic flooring, plus wood kitchen cabinetry and a newer refrigerator. Cooling includes wall-mounted A/C units and split air conditioning, with an additional A/C sleeve serving the upper apartment.
Exterior features include a detached garage, private driveway, cement drive, fenced front yard, rear backyard, patio, porch, and security cameras. The property is zoned R4-1 and is offered with vacant delivery available. Its address is 1539 W 5th Street, Brooklyn, NY 11204.
Exterior features include a detached garage, private driveway, cement drive, fenced front yard, rear backyard, patio, porch, and security cameras. The property is zoned R4-1 and is offered with vacant delivery available. Its address is 1539 W 5th Street, Brooklyn, NY 11204.
Key Highlights
- Two‑family duplex with 1,437 square feet of property size
- 0.051‑acre lot with private driveway, fenced front yard, and rear backyard
- Detached garage, patio, porch, and cement driveway
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,326
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,006,520
$1.0M
Cap Rate 7%
$718,943
$718.9K
Cap Rate 9%
$559,178
$559.2K
Market Conditions
NOI Build-Up for 1,437 SF
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.
Gross rent
$73.3K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$71.9K $50.03/SF
− OpEx
−$21.6K −$15.01/SF
NOI
$50.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,006,520
Cap Rate 7%
$718,943
Cap Rate 9%
$559,178
Alternative Uses
Best Use
Multifamily LT 5
$718.9K
$629.1K – $838.8K
NOI $50,326 @ 7.0% cap · market cap 4.23%
Second Best
Apartment 5plus
$626.7K
$548.4K – $731.2K
NOI $43,870 @ 7.0% cap · market cap 3.69%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,289 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,140
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Wood-frame residence with private entrances, finished basement, fenced yard, and multiple cooling systems.
Where is this duplex located?
The property is located at 1539 W 5th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,189,000.
What are key features of this property?
This property features: Two‑family duplex with 1,437 square feet of property size; 0.051‑acre lot with private driveway, fenced front yard, and rear backyard; Detached garage, patio, porch, and cement driveway
