Duplex with Private
New
For Sale
$1,499,000
1776 E 29th Street, Brooklyn, NY 11229
Residential, Duplex, Brooklyn, NY
Property Size2,080 SF
Lot Size0.07 Acres
Price / SF$720.67
Days on Market3
Property Features for 1776 E 29th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
Madison
Standard status
Active
Size
2,080 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
10049
Amenities
backyard
laundry room
Building Details
Year built
1930
Floors in Building
2
Flooring type
Carpet, Hardwood, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
Behfar Team, LLC
Listed By:
Dawn Green
(347) 988-2526
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 30 at 7:06AM
MLS# 505575
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 2,080-square-foot duplex sits on a 0.0689-acre lot measuring 30 by 100 feet. The first floor includes a living room, dining room, eat-in kitchen, rear den, and half bathroom. Upstairs are four bedrooms, each with a closet, and a full bathroom. A finished basement provides a playroom and laundry room; the property also has a garage and backyard. A new boiler and hot water heater are installed. Interior features include a refrigerator and stove, with carpet, tile, and hardwood flooring.
Located at 1776 E 29th Street in Brooklyn, the property is zoned R3-2. It was built in 1930.
Located at 1776 E 29th Street in Brooklyn, the property is zoned R3-2. It was built in 1930.
Key Highlights
- Duplex on a 0.0689‑acre lot measuring 30 by 100 feet
- 2,080 square feet of interior space
- Four upstairs bedrooms, each with a closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,845
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,456,900
$1.5M
Cap Rate 7%
$1,040,643
$1.0M
Cap Rate 9%
$809,389
$809.4K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$106.1K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$104.1K $50.03/SF
− OpEx
−$31.2K −$15.01/SF
NOI
$72.8K $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%
$1,456,900
Cap Rate 7%
$1,040,643
Cap Rate 9%
$809,389
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$910.6K – $1.21M
NOI $72,845 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$907.1K
$793.8K – $1.06M
NOI $63,500 @ 7.0% cap · market cap 4.24%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,557 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,782
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A finished basement adds a playroom and laundry room to the home’s living space.
Where is this duplex located?
The property is located at 1776 E 29th Street 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: Duplex on a 0.0689‑acre lot measuring 30 by 100 feet; 2,080 square feet of interior space; Four upstairs bedrooms, each with a closet
