Brick Duplex with Private
New
For Sale
$1,438,000
1711 Gerritsen Avenue, Brooklyn, NY 11229
Residential, Duplex, Brooklyn, NY
Property Size2,758 SF
Lot Size0.07 Acres
Price / SF$521.39
Days on Market2
Property Features for 1711 Gerritsen Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
6
Bathrooms
4
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 3
Patio and Porch features
Patio
Interior features
A/C Unit, Central Air, Central Air - Split, Microwave, Patio Garden, Refrigerator, Stove, Terrace
Basement
Full, Finished
Subdivision
Madison
Standard status
Active
Size
2,758 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
11214
Amenities
front porch
back porch
private driveway
built-in garage
hardwood floors
high ceilings
Building Details
Year built
1945
Flooring type
Carpet
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Anzhela (Angela) Staraya · License #10301205577
(917) 596-3339
Added: Oct 16
Last Checked: Oct 17 at 8:06AM
MLS# 505413
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 semi-detached brick duplex at 1711 Gerritsen Avenue contains 2,758 square feet on a 30-by-100-foot lot. Built in 1945, the property has central air, hardwood flooring, custom kitchen cabinetry, and a patio. Front and rear porches, side entrances, a private driveway, and a built-in garage are also part of the property.
The home is in Brooklyn near Marine Park, with shopping, dining, and transportation described as nearby. R3-2 zoning applies to the property.
The home is in Brooklyn near Marine Park, with shopping, dining, and transportation described as nearby. R3-2 zoning applies to the property.
Key Highlights
- 2,758‑square‑foot duplex on a 0.0689‑acre lot
- R3‑2 zoning
- Built in 1945
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,590
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,931,800
$1.9M
Cap Rate 7%
$1,379,857
$1.4M
Cap Rate 9%
$1,073,222
$1.1M
Market Conditions
NOI Build-Up for 2,758 SF
Gross rent
$140.7K $51.00/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$138.0K $50.03/SF
− OpEx
−$41.4K −$15.01/SF
NOI
$96.6K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,931,800
Cap Rate 7%
$1,379,857
Cap Rate 9%
$1,073,222
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.61M
NOI $96,590 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,199 @ 7.0% cap · market cap 5.86%
Theoretical Best
Specialty Retail
$2.28M
$2.00M – $2.66M
NOI $159,854 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,782
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - R3-2 zoning and a private driveway accompany this Brooklyn residential property.
Where is this duplex located?
The property is located at 1711 Gerritsen Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,438,000.
What are key features of this property?
This property features: 2,758‑square‑foot duplex on a 0.0689‑acre lot; R3‑2 zoning; Built in 1945
