Two-Family Residential
1539 W 5th Street Brooklyn, NY 11204
1539 W 5th Street, Brooklyn, NY, 11204
$1,189,000
For Sale
$1,189,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,437 SF
Lot Size0.05 Acres
Price / SF$827.42
Days on Market96
Property Features for 1539 W 5th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 4
- 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
- Finished, Full
- Standard status
- Active
- Size
- 1,437 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7905
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Ceramic, Laminate, Marble
- 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 Updated: Jul 18 at 5:37PM Checked: Jul 22 at 4:06PM
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 residential building includes separate tenant entrance(s), storage attic, and a finished basement. The home features split air conditioning units, with an AC sleeve for the upstairs apartment, and many windows throughout. Exterior amenities include a cement driveway, fenced front yard, a rear back yard, and a garage for parking. Additional details include security cameras and interior finishes such as marble flooring, ceramic flooring, and wood kitchen cabinetry, with a new refrigerator called out in the property remarks.
Located in Brooklyn’s 11204 area at 1539 W 5th Street, the property is identified under zoning R4-1. The listing notes that the block is clean and that the area has no water flood problems.
The layout supports two separate households with distinct access, while retaining practical outdoor and storage features for day-to-day use.
Located in Brooklyn’s 11204 area at 1539 W 5th Street, the property is identified under zoning R4-1. The listing notes that the block is clean and that the area has no water flood problems.
The layout supports two separate households with distinct access, while retaining practical outdoor and storage features for day-to-day use.
Key Highlights
- Colonial‑style home built in 1925 with multiple bedrooms and three bathrooms
- Finished basement for additional living space
- Split central air system with A/C wall units and an A/C sleeve for the upstairs apartment
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 | $73.3k | $51.00 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $71.9k | $50.03 |
| − OpEx | −$21.6k | −$15.01 |
| NOI | $50.3k | $35.02 |
1,437 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
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 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-family property with separate tenant entrance, private driveway, fenced front yard, garage, and multiple interior finishes.
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: Colonial‑style home built in 1925 with multiple bedrooms and three bathrooms; Finished basement for additional living space; Split central air system with A/C wall units and an A/C sleeve for the upstairs apartment
