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Residential Income Property with Private Cabana
For Sale
$725,000
Pending

17 Dodworth Street 2-F, Brooklyn, NY 11221

Modern residence with private outdoor space, custom finishes, and access to shared rooftop amenities.

Property Size758 SF
Days on Market162

Property Features for 17 Dodworth Street 2-F

General Information

Standard status Pending
Size 758 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/1.5BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,220

Amenities

private cabana
common rooftop deck
private rooftop cabanas
video intercom system
private lobby
internet and cable pre-wiring
private storage rooms
in-unit washer/dryer

Building Details

Building Size 758 SF
Year Built 2026
Listing Agency: REAVIS DEVELOPMENT MARKETING LLC
Listed By: Natanel Malkoukian
Source: Tricialee
Added: Apr 30 Changed: Oct 8 Last Checked: Oct 7 at 4:26PM

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 REAVIS DEVELOPMENT MARKETING LLC

Investment Insights

Based on property information with market context.

This residential income property is a condominium residence at the Dodworth Collective, featuring one bedroom plus an office and 1.5 bathrooms. The open living, dining, and kitchen area is defined by double-paned, floor-to-ceiling windows, engineered hardwood flooring with an acoustic underlayer, recessed lighting, and multi-zone Mitsubishi split units. The kitchen includes absolute black granite counters, mirrored backsplashes, Miele and Bertazzoni appliances, European cabinetry, and a deep sink. Additional features include an in-unit LG washer/dryer, custom bathroom cabinetry, a Duravit toilet, and a walk-in shower. A private outdoor cabana expands the usable living space, while the building also offers a rooftop deck, private lobby, video intercom, pre-wiring for internet and cable, and private storage rooms.

The property is located on a tree-lined block in Bushwick, near Maria Hernandez Park, restaurants, cafes, and bars. The M, J, and Z subway lines are also nearby. The building was completed in 2026.

Key Highlights

  • Private outdoor cabana included with the residence
  • One bedroom plus office and 1.5 bathrooms
  • Floor‑to‑ceiling, double‑paned windows provide abundant natural light

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,141
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,820 $462.8K
Cap Rate 7%
$330,586 $330.6K
Cap Rate 9%
$257,122 $257.1K
Market Conditions
NOI Build-Up for 758 SF
Gross rent
$42.9K $56.64/SF
− Vacancy
−$859 −$1.13/SF
EGI
$42.1K $55.51/SF
− OpEx
−$18.9K −$24.98/SF
NOI
$23.1K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,820
Cap Rate 7%
$330,586
Cap Rate 9%
$257,122

Alternative Uses

Best Use
Apartment 5plus
$330.6K
$289.3K – $385.7K (±1% cap)
NOI $23,141 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$627.6K
$549.2K – $732.2K (±1% cap)
NOI $43,934 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,501
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential income property - Modern residence with private outdoor space, custom finishes, and access to shared rooftop amenities.
Where is this residential income property located?
The property is located at 17 Dodworth Street 2-F Brooklyn, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Private outdoor cabana included with the residence; One bedroom plus office and 1.5 bathrooms; Floor‑to‑ceiling, double‑paned windows provide abundant natural light
More about this property
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