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Detached Duplex with Private Yard
For Sale
$1,250,000

1749 E 24th Street, Brooklyn, NY 11229

Residential, Duplex, Brooklyn, NY

Property Size1,624 SF
Lot Size0.05 Acres
Price / SF$769.70
Days on Market169

Property Features for 1749 E 24th Street

General Information

Property type Residential
Property subtype Duplex
Zoning R3-2
Bedrooms 3
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 2
Parking features Garage - Attached
Interior features A/C Unit
Basement Finished
Subdivision Madison
Standard status Active
Size 1,624 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 8955

Amenities

balcony
front porch
private backyard

Building Details

Year built 1925
Flooring type Hardwood
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: Behfar Team, LLC
Listed By: Cina Azarfar
Added: May 11 Changed: Oct 23 Last Checked: Oct 26 at 2:06PM
MLS# 501327

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.

Rey
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Investment Insights

Based on property information with market context.

This detached duplex in Brooklyn, NY, provides 1,624 square feet on a 0.0459-acre lot. The main level includes a living room, dining room, eat-in kitchen, laundry room, and half bath, while the upper floor contains three bedrooms and a full bath. A finished basement adds a family or recreation room, storage, and another full bath.

Exterior features include a private backyard, front porch, wide shared driveway, and attached garage. Interior details include hardwood flooring and an A/C unit, while the property was built in 1925 and has a shingle roof. The parcel is zoned R3-2 and is located at 1749 E 24th Street in Brooklyn, NY 11229.

Key Highlights

  • Detached duplex with 1,624 square feet of building area
  • 0.0459‑acre lot in Brooklyn, NY 11229
  • Three bedrooms and three bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,875
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,500 $1.1M
Cap Rate 7%
$812,500 $812.5K
Cap Rate 9%
$631,944 $631.9K
Market Conditions
NOI Build-Up for 1,624 SF
Gross rent
$82.8K $51.00/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$81.3K $50.03/SF
− OpEx
−$24.4K −$15.01/SF
NOI
$56.9K $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%
$1,137,500
Cap Rate 7%
$812,500
Cap Rate 9%
$631,944

Alternative Uses

Best Use
Multifamily LT 5
$812.5K
$710.9K – $947.9K (±1% cap)
NOI $56,875 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$708.3K
$619.7K – $826.3K (±1% cap)
NOI $49,579 @ 7.0% cap · market cap 3.97%
Theoretical Best
Specialty Retail
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,127 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,365
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Finished basement, attached garage, hardwood floors, and a front porch support comfortable residential use.
Where is this duplex located?
The property is located at 1749 E 24th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Detached duplex with 1,624 square feet of building area; 0.0459‑acre lot in Brooklyn, NY 11229; Three bedrooms and three bathrooms
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