Detached Residential Duplex
1655 Marine Parkway Brooklyn, NY 11234
1655 Marine Parkway, Brooklyn, NY, 11234
$1,068,000
For Sale
$1,068,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,176 SF
Lot Size0.07 Acres
Price / SF$908.16
Days on Market131
Property Features for 1655 Marine Parkway
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R3-2
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2
- Parking features
- Garage - Detached
- Patio and Porch features
- Porch
- Interior features
- A/C Unit - Wall, A/C Unit - Window, Dryer, Microwave, Porch, Refrigerator, Stove, Washer, Window Treatments
- Basement
- Finished
- Standard status
- Active
- Size
- 1,176 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6226
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Parquet Wood, Carpet
- Building materials
- Wood Frame
- Architectural style
- Other
Listing agency
BHHS Fillmore R.E.
(718) 377-6161
Listed by
Lucy Ciocia
(718) 368-2500
Added: Mar 13 Updated: Jul 20 at 7:03PM Checked: Jul 21 at 10:06PM
MLS# 499601
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 one-family home is set up as a three-bedroom duplex and features a newly finished basement with a side entrance. Updates include a new gas hot water tank and gas heating system. The home also offers a lovely private yard, plus a one-car garage and a private driveway with parking for multiple cars.
Located on a tree-lined block in Marine Park, the property is in Brooklyn and falls under R3-2 zoning.
With its basement configuration and dedicated side access, the layout provides flexibility within the existing duplex-style arrangement.
Located on a tree-lined block in Marine Park, the property is in Brooklyn and falls under R3-2 zoning.
With its basement configuration and dedicated side access, the layout provides flexibility within the existing duplex-style arrangement.
Key Highlights
- 3‑bedroom, 2‑bath detached home with private driveway for multiple cars and a private yard
- Newly finished basement with side entrance
- Updated utilities include a new gas hot water tank and gas heating system
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 | $60.0k | $51.00 |
| − Vacancy | −$1.1k | −$0.97 |
| EGI | $58.8k | $50.03 |
| − OpEx | −$17.7k | −$15.01 |
| NOI | $41.2k | $35.02 |
1,176 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$588.4K
$514.8K – $686.4K
NOI $41,186 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$512.9K
$448.8K – $598.4K
NOI $35,902 @ 7.0% cap · market cap 3.36%
Theoretical Best
Specialty Retail
$973.7K
$852.0K – $1.14M
NOI $68,161 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Detached home with a private driveway, one-car garage, and a newly finished basement with a side entrance.
Where is this duplex located?
The property is located at 1655 Marine Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,068,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath detached home with private driveway for multiple cars and a private yard; Newly finished basement with side entrance; Updated utilities include a new gas hot water tank and gas heating system
