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Two-Family Colonial Duplex
For Sale
$1,160,000

1539 W 5th Street, Brooklyn, NY 11204

Residential, Colonial, Brooklyn, NY

Property Size1,437 SF
Lot Size0.05 Acres
Price / SF$807.24
Days on Market176

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 4, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3
Parking features Garage - Detached
Patio and Porch features Porch, Patio
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

garage
private driveway
security cameras
split air conditioning
marble floor
ceramic floor
wood kitchen cabinets
new refrigerator
finished basement
storage attic
fenced front yard
rear yard

Building Details

Year built 1925
Floors in Building 2
Number of units 1
Flooring type Ceramic, Marble, Laminate
Building materials Wood Frame
Roof type Shingle
Architectural style Colonial
Listing Agency: Block Full Realty LLC
Listed By: Martin L. Cappa
Added: Apr 18 Changed: Sep 15 Last Checked: Oct 10 at 8:06AM
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 Colonial duplex offers 1,437 square feet on a 0.051-acre lot, with separate tenant access and a detached garage. The property includes a finished basement, storage attic, fenced front yard, rear backyard, private driveway, porch, and patio. Interior features include marble, ceramic, and laminate flooring, wood kitchen cabinetry, a refrigerator, stove, wall-mounted A/C, and split-system air conditioning. Built in 1925 with wood-frame construction and a shingle roof, the home also includes security cameras and an upstairs A/C sleeve.

The property is located at 1539 W 5th Street in Brooklyn, NY 11204. Vacant delivery is available. The listing notes nearby convenience shopping and transportation within a short distance, along with no reported water-flood problems in the area.

Key Highlights

  • Two‑family duplex with 1,437 square feet of property size
  • 0.051‑acre lot with private driveway and fenced front yard
  • Detached garage, finished basement, storage attic, porch, and patio

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,326
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $50,326 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$626.7K
$548.4K – $731.2K (±1% cap)
NOI $43,870 @ 7.0% cap · market cap 3.78%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,289 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Nursing Home Coworking & Hybrid Office

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,140
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Duplex with separate entrances, detached garage, finished basement, and private outdoor areas.
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 $1,160,000.
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 and fenced front yard; Detached garage, finished basement, storage attic, porch, and patio
More about this property
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