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Brick Duplex with Private Driveway
For Sale
$1,480,000

1570 W 4th Street, Brooklyn, NY 11204

Residential, Brooklyn, NY

Property Size1,330 SF
Lot Size0.06 Acres
Price / SF$1,112
Days on Market115

Property Features for 1570 W 4th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1
Interior features Refrigerator, Stove
Basement Finished, Full
Subdivision Bensonhurst
Standard status Active
Size 1,330 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 8564

Amenities

finished full basement
private driveway

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Hardwood
Building materials Brick
Roof type Flat
Listing Agency: Tiger Realty
Listed By: Hui (Sam) Chen · License #10401333718
Added: Jun 18 Changed: Oct 5 Last Checked: Oct 10 at 9:06AM
MLS# 502292

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 brick duplex contains 1,330 square feet within a 16x40 building on a 26x100 lot. The first-floor residence offers two bedrooms and 2.5 bathrooms, while the upper unit includes one bedroom and one full bathroom. A finished full basement adds usable interior space, and the private driveway provides off-street parking. Hardwood flooring, a flat roof, a refrigerator, and a stove are included among the property features.

Constructed in 1920, the property is located at 1570 W 4th Street in Brooklyn, NY 11204. The parcel measures 0.0612 acres and carries R4-1 zoning.

Key Highlights

  • Two‑family duplex with 1,330 square feet of building area
  • 26x100 lot with a 16x40 building footprint
  • First‑floor unit has 2 bedrooms and 2.5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,579
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,580 $931.6K
Cap Rate 7%
$665,414 $665.4K
Cap Rate 9%
$517,544 $517.5K
Market Conditions
NOI Build-Up for 1,330 SF
Gross rent
$67.8K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$66.5K $50.03/SF
− OpEx
−$20.0K −$15.01/SF
NOI
$46.6K $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%
$931,580
Cap Rate 7%
$665,414
Cap Rate 9%
$517,544

Alternative Uses

Best Use
Multifamily LT 5
$665.4K
$582.2K – $776.3K (±1% cap)
NOI $46,579 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$580.1K
$507.6K – $676.7K (±1% cap)
NOI $40,604 @ 7.0% cap · market cap 2.74%
Theoretical Best
Specialty Retail
$1.10M
$963.6K – $1.28M (±1% cap)
NOI $77,087 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm 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

3,837
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units combine distinct bedroom-and-bath layouts with a finished basement and private driveway.
Where is this duplex located?
The property is located at 1570 W 4th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: Two‑family duplex with 1,330 square feet of building area; 26x100 lot with a 16x40 building footprint; First‑floor unit has 2 bedrooms and 2.5 bathrooms
More about this property
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