Detached Duplex with
For Sale
$699,000
1799 E 51st Street, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size810 SF
Lot Size0.07 Acres
Price / SF$862.96
Days on Market292
Property Features for 1799 E 51st Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R1
Bedrooms
2
Bathrooms
3
Full bathrooms
1
Half bathrooms
2
Rooms
Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Garage - Detached
Interior features
Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Basement
Finished
Subdivision
Old Mill Basin
Standard status
Active
Size
810 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
5085
Amenities
finished basement
private drive
detached garage
huge backyard
stainless-steel appliances
quartz countertops
hardwood floors
open living/dinette combo
bath on every floor
Building Details
Year built
1925
Floors in Building
2
Flooring type
Hardwood, Ceramic
Building materials
Wood Frame
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Barbara Horan
(718) 612-3088
Added: Jan 7
Changed: Oct 25
Last Checked: Oct 26 at 11:06PM
MLS# 498232
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 fully detached duplex at 1799 E 51st Street in Brooklyn offers 810 square feet with two bedrooms and three bathrooms. The wood-frame residence was built in 1925 and includes a finished basement, private driveway, detached garage, and backyard on a 0.0689-acre lot. Hardwood and ceramic flooring provide distinct interior finishes, while the kitchen includes stainless-steel appliances, quartz countertops, a dishwasher, microwave, refrigerator, and stove. Laundry equipment includes a washer and dryer, and the home also features an open living and dining area. R1 zoning and the property's Brooklyn location add relevant context for residential ownership. A detached garage, dedicated parking area, and outdoor space round out the physical improvements.
Key Highlights
- Fully detached two‑bedroom duplex with 3 bathrooms
- 810 square feet on a 0.0689‑acre lot
- Finished basement with bath on every floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,368
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$567,360
$567.4K
Cap Rate 7%
$405,257
$405.3K
Cap Rate 9%
$315,200
$315.2K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$41.3K $51.00/SF
− Vacancy
−$785 −$0.97/SF
EGI
$40.5K $50.03/SF
− OpEx
−$12.2K −$15.01/SF
NOI
$28.4K $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%
$567,360
Cap Rate 7%
$405,257
Cap Rate 9%
$315,200
Alternative Uses
Best Use
Multifamily LT 5
$405.3K
$354.6K – $472.8K
NOI $28,368 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$353.3K
$309.1K – $412.1K
NOI $24,728 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$670.7K
$586.9K – $782.5K
NOI $46,948 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,583
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - Two-bedroom detached duplex with a finished basement, private drive, backyard, and three bathrooms.
Where is this duplex located?
The property is located at 1799 E 51st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully detached two‑bedroom duplex with 3 bathrooms; 810 square feet on a 0.0689‑acre lot; Finished basement with bath on every floor
