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Two-Unit Duplex Residence
For Sale
$999,000

1558 Brooklyn Avenue, Brooklyn, NY 11210

Two-family residence with gas appliances, radiator heating, and tile exterior details.

Property Size2,600 SF
Days on Market252

Property Features for 1558 Brooklyn Avenue

General Information

Standard status Active
Size 2,600 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

Steam/Radiator
Gas
refrigerator
stove
Tile

Building Details

Building Size 2,600 SF
Stories 2
Listing Agency: Middlesex
Listed By: Jean Paul Israel · License #2076531
Source: Kw
Added: Jan 31 Changed: Oct 10 Last Checked: Oct 9 at 7:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Middlesex

Investment Insights

Based on property information with market context.

This duplex property contains two residential units within a two-family home. Interior features include steam or radiator heating, gas service, a refrigerator, and a stove. Tile is included among the exterior finishes.

The property is located at 1558 Brooklyn Avenue in Brooklyn, NY 11210, within East Flatbush. Its residential configuration and existing appliance and heating features provide a clear physical profile for buyers evaluating a small income property.

Key Highlights

  • Two‑unit duplex configuration
  • Two‑family home in East Flatbush
  • Steam or radiator heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$91,056
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,821,120 $1.8M
Cap Rate 7%
$1,300,800 $1.3M
Cap Rate 9%
$1,011,733 $1.0M
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$132.6K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$130.1K $50.03/SF
− OpEx
−$39.0K −$15.01/SF
NOI
$91.1K $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%
$1,821,120
Cap Rate 7%
$1,300,800
Cap Rate 9%
$1,011,733

Alternative Uses

Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,056 @ 7.0% cap · market cap 9.11%
Second Best
Apartment 5plus
$1.13M
$992.2K – $1.32M (±1% cap)
NOI $79,375 @ 7.0% cap · market cap 7.95%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,696 @ 7.0% cap · market cap 15.08%
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 Gym & Fitness Center Skin Care Clinic Bar & Pub

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

3,346
Businesses Nearby

Demographics for 11210, NY

62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
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 - Two-family residence with gas appliances, radiator heating, and tile exterior details.
Where is this duplex located?
The property is located at 1558 Brooklyn Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; Two‑family home in East Flatbush; Steam or radiator heating
More about this property
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