Two-Unit Duplex with Walk-Out
For Sale
$2,100,000
160 Diamond Street, Brooklyn, NY 11222
Each level contains a separate two-bedroom residential layout with kitchen, living, dining, and full bath areas.
Property Size2,592 SF
Days on Market10
Property Features for 160 Diamond Street
General Information
Standard status
Active
Size
2,592 SF
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
in need of some TLC
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,509
Amenities
full walk-out basement
spacious backyard
Building Details
Building Size
2,592 SF
Year Built
1920
Listing Agency:
Crifasi Real Estate Inc
Listed By:
Joseph V. Crifasi · License #30CR1126424
(718) 930-0040
Source:
Serhant
Added: Oct 2
Changed: Oct 8
Last Checked: Oct 9 at 11:58PM
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 Crifasi Real Estate Inc
Investment Insights
Based on property information with market context.
This vacant two-family property has a separate residence on each of its first and second floors. Both layouts include an eat-in kitchen, living room, dining room, two bedrooms, and one full bathroom. A full walk-out basement, gas heat, and a backyard are also part of the property. Built in 1920, the home requires work.
Key Highlights
- Two separate residences, each with two bedrooms and one full bathroom
- Full walk‑out basement and backyard
- Gas heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,776
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,815,520
$1.8M
Cap Rate 7%
$1,296,800
$1.3M
Cap Rate 9%
$1,008,622
$1.0M
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$132.2K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$129.7K $50.03/SF
− OpEx
−$38.9K −$15.01/SF
NOI
$90.8K $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%
$1,815,520
Cap Rate 7%
$1,296,800
Cap Rate 9%
$1,008,622
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.13M – $1.51M
NOI $90,776 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$1.13M
$989.1K – $1.32M
NOI $79,131 @ 7.0% cap · market cap 3.77%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.50M
NOI $150,232 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,364
Businesses Nearby
Explore this area
Business Placement
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each level contains a separate two-bedroom residential layout with kitchen, living, dining, and full bath areas.
Where is this duplex located?
The property is located at 160 Diamond Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two separate residences, each with two bedrooms and one full bathroom; Full walk‑out basement and backyard; Gas heat
