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Detached Duplex Residence

1613 E 15th Street Brooklyn, NY 11229

1613 E 15th Street, Brooklyn, NY, 11229
$1,130,000
For Sale
$1,130,000

SINGLE_FAMILY - Brooklyn, NY

Property Size1,130 SF
Lot Size0.04 Acres
Price / SF$1,000
Days on Market58

Property Features for 1613 E 15th Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R5B
Bedrooms
4
Bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1
Interior features
A/C Unit - Wall, Refrigerator, Stove
Basement
Finished
Standard status
Active
Size
1,130 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
7157

Building Details

Year built
1920
Flooring type
Hardwood
Roof type
Asphalt
Architectural style
Other
Listing Agency King Zone Realty Inc
1521 70th Street #B1, Brooklyn, NY
Listed by Xiao Xian (Isabel) Zhen
Added: May 22 Checked: Jul 18 at 10:06 pm
MLS# 501704 Listing URL

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 detached duplex residence offers an exclusive private layout with four bedrooms and 2.5 bathrooms, plus a finished basement. The property is described as well-maintained and includes a private driveway, providing on-site parking.

Located in the Madison neighborhood of Brooklyn, the home is conveniently within a short distance of the B and Q subway lines for commuting throughout the city. Zoning is listed as R5B.

With its completed living space and dedicated driveway, the layout is designed to support everyday household use while remaining a residential income property as presented in the listing materials.

Key Highlights

  • Detached single‑family duplex with private layout in Brooklyn’s Madison neighborhood
  • 4 bedrooms and 2.5 bathrooms, plus a finished basement
  • Hardwood flooring throughout

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 $57.6k $51.00
− Vacancy −$1.1k −$0.97
EGI $56.5k $50.03
− OpEx −$17.0k −$15.01
NOI $39.6k $35.02
1,130 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$565.4K
$494.7K – $659.6K (±1% cap)
NOI $39,575 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$492.8K
$431.2K – $575.0K (±1% cap)
NOI $34,498 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$935.6K
$818.7K – $1.09M (±1% cap)
NOI $65,495 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Gym & Fitness Center Pet Grooming Service Nursing Home Grocery & Convenience Store Nursing Home Coworking & Hybrid Office

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Detached duplex with four bedrooms, 2.5 baths, a finished basement, and a private driveway for parking.
Where is this duplex located?
The property is located at 1613 E 15th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,130,000.
What are key features of this property?
This property features: Detached single‑family duplex with private layout in Brooklyn’s Madison neighborhood; 4 bedrooms and 2.5 bathrooms, plus a finished basement; Hardwood flooring throughout
Contact an agent
More about this property
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