Duplex with Separate-Entry
New
For Sale
$1,380,000
1659 Benson Avenue, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size2,048 SF
Lot Size0.04 Acres
Price / SF$673.83
Days on Market3
Property Features for 1659 Benson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 1
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Bensonhurst
Standard status
Active
Size
2,048 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7473
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Yifei (Eric) Zhao
(917) 708-9966
Added: Oct 19
Last Checked: Oct 21 at 11:06PM
MLS# 505457
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.
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Investment Insights
Based on property information with market context.
This 2,048-square-foot brick duplex was built in 1910 and includes a basement with its own entrance. Interior details include hardwood and tile flooring, a flat roof, a kitchen equipped with a refrigerator and stove, five bedrooms, and three bathrooms. The property occupies a 0.0413-acre lot and is zoned R5.
The home is across from P.S. 748 Brooklyn School for Global Scholars. The 18th Avenue D train station, the 86th Street shopping district, supermarkets, restaurants, and public transportation are nearby.
The home is across from P.S. 748 Brooklyn School for Global Scholars. The 18th Avenue D train station, the 86th Street shopping district, supermarkets, restaurants, and public transportation are nearby.
Key Highlights
- Two‑family brick property with 2,048 square feet of building area
- Basement has a separate entrance
- Five bedrooms and three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,859
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,180
$1.1M
Cap Rate 7%
$797,986
$798.0K
Cap Rate 9%
$620,656
$620.7K
Market Conditions
NOI Build-Up for 2,048 SF
Gross rent
$83.6K $40.80/SF
− Vacancy
−$3.8K −$1.84/SF
EGI
$79.8K $38.96/SF
− OpEx
−$23.9K −$11.69/SF
NOI
$55.9K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,180
Cap Rate 7%
$797,986
Cap Rate 9%
$620,656
Alternative Uses
Best Use
Multifamily LT 5
$798.0K
$698.2K – $931.0K
NOI $55,859 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$715.2K
$625.8K – $834.4K
NOI $50,062 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$1.19M
$1.05M – $1.39M
NOI $83,629 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,492
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family residence is set to be vacant when ownership changes.
Where is this duplex located?
The property is located at 1659 Benson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Two‑family brick property with 2,048 square feet of building area; Basement has a separate entrance; Five bedrooms and three bathrooms
