Renovated Two-Family
For Sale
$1,848,000
1829 W 10th St, Brooklyn, NY 11223
Legal two-family layout with a finished basement, rear porch, and private parking.
Property Size2,200 SF
Days on Market70
Property Features for 1829 W 10th St
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,450
Amenities
stainless steel appliances
quartz countertop
rear porch
finished basement
Building Details
Building Size
2,200 SF
Year Built
1925
Buildings
1
Stories
2
Listing Agency:
2503 Ave U
Listed By:
Salvatore Valente · License #10401342951
(718) 490-2733
Source:
Elliman
Added: Aug 14
Changed: Oct 21
Last Checked: Oct 20 at 10:07PM
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 2503 Ave U
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This semi-detached legal two-family property offers a three-bedroom main-level residence with an open kitchen, dining, and living area. Stainless-steel appliances, quartz countertops, a rear porch, and generous closet space serve the primary living area. The renovated upper level includes two bedrooms, an office, a separate kitchen with granite countertops and stainless-steel appliances, and an open dining and living space.
A fully renovated finished basement adds tile flooring and a separate rear entrance. The property also includes a two-car garage and a private driveway with parking for two cars. Built in 1925, the home is located at 1829 W 10th St in Brooklyn's Gravesend area, with a Walk Score of 83, Transit Score of 88, and Bike Score of 67.
A fully renovated finished basement adds tile flooring and a separate rear entrance. The property also includes a two-car garage and a private driveway with parking for two cars. Built in 1925, the home is located at 1829 W 10th St in Brooklyn's Gravesend area, with a Walk Score of 83, Transit Score of 88, and Bike Score of 67.
Key Highlights
- Legal two‑family semi‑detached property
- Three‑bedroom main level with open kitchen, dining, and living areas
- Renovated upper level with 2 bedrooms and an office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,048
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,960
$1.5M
Cap Rate 7%
$1,100,686
$1.1M
Cap Rate 9%
$856,089
$856.1K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$112.2K $51.00/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$110.1K $50.03/SF
− OpEx
−$33.0K −$15.01/SF
NOI
$77.0K $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%
$1,540,960
Cap Rate 7%
$1,100,686
Cap Rate 9%
$856,089
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$963.1K – $1.28M
NOI $77,048 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$959.5K
$839.6K – $1.12M
NOI $67,164 @ 7.0% cap · market cap 3.63%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.13M
NOI $127,512 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,765
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family layout with a finished basement, rear porch, and private parking.
Where is this duplex located?
The property is located at 1829 W 10th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,848,000.
What are key features of this property?
This property features: Legal two‑family semi‑detached property; Three‑bedroom main level with open kitchen, dining, and living areas; Renovated upper level with 2 bedrooms and an office
