Detached Two-Family Brick
1664 Hendrickson St Brooklyn, NY 11234
For Sale
$1,499,000
Flexible two-unit residence with finished basement, oversized garage, and a large attic for storage.
Property Size3,500 SF
Lot Size0.09 Acres
Price / SF$428.29
Days on Market55
Property Features for 1664 Hendrickson St
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.09 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing Agency:
Bergen Basin Realty
(718) 787-4110
Listed By:
Lee S Wasserman
(718) 787-4110
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 26 at 12:47PM
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 Bergen Basin Realty
Investment Insights
Based on property information with market context.
This detached brick two-family home offers a practical, flexible layout with substantial living space. The top floor includes a spacious two-bedroom unit with one full bathroom, complemented by a very large attic that can serve as additional storage. The first floor features three oversized bedrooms and one full bathroom. A finished basement adds further usable area, and the overall building footprint measures 24 feet wide by 50 feet deep.
Set on a 40 by 100 lot, the property includes a two-car private driveway and a detached oversized garage. Located in the Marine Park section of Brooklyn, it is described as convenient to PS 222 elementary school, houses of worship, and private schools, with nearby shopping, restaurants, and parks. Public transit access is supported by proximity to the Junction 2 and 5 train.
For buyers, the configuration supports either continued income use or conversion to a custom one-family home, depending on how an operator or owner wants to stage the space. With distinct floor plans, plus attic and basement space, the property can suit tenants or an owner-occupant seeking separation and flexibility within a single, standalone structure.
Set on a 40 by 100 lot, the property includes a two-car private driveway and a detached oversized garage. Located in the Marine Park section of Brooklyn, it is described as convenient to PS 222 elementary school, houses of worship, and private schools, with nearby shopping, restaurants, and parks. Public transit access is supported by proximity to the Junction 2 and 5 train.
For buyers, the configuration supports either continued income use or conversion to a custom one-family home, depending on how an operator or owner wants to stage the space. With distinct floor plans, plus attic and basement space, the property can suit tenants or an owner-occupant seeking separation and flexibility within a single, standalone structure.
Key Highlights
- Detached brick two‑family home with approx. 3,500 sq ft of interior space
- Top floor: 2‑bedroom unit and 1 full bath, plus a very large attic for storage
- First floor: 3 oversized bedrooms and 1 full bath
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 | $178.5k | $51.00 |
| − Vacancy | −$3.4k | −$0.97 |
| EGI | $175.1k | $50.03 |
| − OpEx | −$52.5k | −$15.01 |
| NOI | $122.6k | $35.02 |
3,500 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.75M
$1.53M – $2.04M
NOI $122,576 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$1.53M
$1.34M – $1.78M
NOI $106,851 @ 7.0% cap · market cap 7.13%
Theoretical Best
Specialty Retail
$2.90M
$2.54M – $3.38M
NOI $202,860 @ 7.0% cap · market cap 13.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Flexible two-unit residence with finished basement, oversized garage, and a large attic for storage.
Where is this duplex located?
The property is located at 1664 Hendrickson St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Detached brick two‑family home with approx. 3,500 sq ft of interior space; Top floor: 2‑bedroom unit and 1 full bath, plus a very large attic for storage; First floor: 3 oversized bedrooms and 1 full bath
