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Brick Two-Family Duplex
For Sale
$1,330,000

1557 64th Street, Brooklyn, NY 11219

Residential, Brooklyn, NY

Property Size1,616 SF
Lot Size0.03 Acres
Price / SF$823.02
Days on Market97

Property Features for 1557 64th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 7, Bedroom 8
Patio and Porch features Patio
Interior features A/C Unit - Wall, Patio Garden, Refrigerator, Stove
Basement Full, Finished
Subdivision Bensonhurst
Standard status Active
Size 1,616 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 7804

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Flooring type Hardwood, Ceramic
Building materials Brick
Roof type Flat
Listing Agency: E House Realty & Mgt. Inc.
Listed By: Tian Xin Sit Xue
Added: Jul 10 Changed: Oct 13 Last Checked: Oct 14 at 12:06PM
MLS# 502935

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 1930 brick duplex contains 1,616 square feet across two residential floors, with each level offering three bedrooms and one full bathroom. The property includes a fully finished basement with its own front entrance and access to the backyard. Interior features include wall-mounted A/C units, a refrigerator, stove, hardwood flooring, ceramic flooring, and a patio garden. The home is being delivered vacant at closing and is zoned R5.

The property is located on 64th Street in Bensonhurst, between 15th Avenue and 64th Street, with shopping and transportation nearby. D and N train service is also identified in the surrounding area. The lot measures 0.0263 acres and includes a patio and backyard access.

Key Highlights

  • Two‑family brick residence with 1,616 square feet
  • Two units, each with 3 bedrooms and 1 full bathroom
  • Fully finished basement with separate front entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,669
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,380 $933.4K
Cap Rate 7%
$666,700 $666.7K
Cap Rate 9%
$518,544 $518.5K
Market Conditions
NOI Build-Up for 1,616 SF
Gross rent
$69.8K $43.20/SF
− Vacancy
−$3.1K −$1.94/SF
EGI
$66.7K $41.26/SF
− OpEx
−$20.0K −$12.38/SF
NOI
$46.7K $28.88/SF
Area
ZIP 11219
Vacancy
4.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,380
Cap Rate 7%
$666,700
Cap Rate 9%
$518,544

Alternative Uses

Best Use
Multifamily LT 5
$666.7K
$583.4K – $777.8K (±1% cap)
NOI $46,669 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$598.5K
$523.7K – $698.2K (±1% cap)
NOI $41,892 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$1.05M
$916.7K – $1.22M (±1% cap)
NOI $73,333 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Bar & Pub Hotel & Motel 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,356
Businesses Nearby

Demographics for 11219, NY

103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained residence with two three-bedroom units, a finished basement, and separate outdoor access.
Where is this duplex located?
The property is located at 1557 64th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: Two‑family brick residence with 1,616 square feet; Two units, each with 3 bedrooms and 1 full bathroom; Fully finished basement with separate front entrance
More about this property
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