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Residential Income Property with Private Patio
For Sale
$1,049,000

17 Dodworth Street 1, Brooklyn, NY 11221

The two-level layout includes an open lower floor with a powder room and direct access to outdoor space.

Property Size1,408 SF
Price / SF$745.03
Days on Market13

Property Features for 17 Dodworth Street 1

General Information

Standard status Active
Size 1,408 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2.5BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $9,660

Amenities

rooftop deck
on-site parking
video intercom system
private lobby
private storage rooms
internet and cable pre-wiring

Building Details

Building Size 1,408 SF
Year Built 2026
Listing Agency: REAVIS DEVELOPMENT MARKETING LLC
Listed By: Natanel Malkoukian
Source: Carytamura
Added: Sep 23 Changed: Sep 27 Last Checked: Oct 4 at 5:22PM

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 1,408-square-foot duplex has two bedrooms, two full bathrooms, and a powder room. The upper floor combines the living, dining, and kitchen areas, with floor-to-ceiling double-pane windows, engineered hardwood flooring, and multi-zone Mitsubishi climate control. The kitchen is equipped with Miele and Bertazzoni appliances, granite counters, and custom cabinetry. An in-unit LG washer and dryer is included. The lower level opens to a private patio and offers flexible interior space. The primary bedroom has a walk-in closet and en-suite bathroom; the second bedroom has a reach-in closet.

Building amenities include a shared rooftop deck, video intercom, private lobby, and private storage rooms. Internet and cable pre-wiring is provided. On-site parking is available for purchase. The property is in Bushwick, a few blocks from Maria Hernandez Park and near the M, J, and Z subway lines. Built in 2026.

Key Highlights

  • 1,408‑square‑foot, two‑level residence with 2 bedrooms, 2 full baths, and a powder room
  • Private patio accessed from the lower‑level open space
  • Upper‑floor living, dining, and kitchen area with floor‑to‑ceiling double‑pane windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,985
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,700 $859.7K
Cap Rate 7%
$614,071 $614.1K
Cap Rate 9%
$477,611 $477.6K
Market Conditions
NOI Build-Up for 1,408 SF
Gross rent
$79.7K $56.64/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$78.2K $55.51/SF
− OpEx
−$35.2K −$24.98/SF
NOI
$43.0K $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%
$859,700
Cap Rate 7%
$614,071
Cap Rate 9%
$477,611

Alternative Uses

Best Use
Apartment 5plus
$614.1K
$537.3K – $716.4K (±1% cap)
NOI $42,985 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,608 @ 7.0% cap · market cap 7.78%
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
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Frequently Asked Questions

What type of property is this?
Residential income property - The two-level layout includes an open lower floor with a powder room and direct access to outdoor space.
Where is this residential income property located?
The property is located at 17 Dodworth Street 1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: 1,408‑square‑foot, two‑level residence with 2 bedrooms, 2 full baths, and a powder room; Private patio accessed from the lower‑level open space; Upper‑floor living, dining, and kitchen area with floor‑to‑ceiling double‑pane windows
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