Duplex With Double-Height
For Sale
$725,000
Pending
184 Stuyvesant Avenue D2, Brooklyn, NY 11221
Duplex unit spans the ground and second floors with three bedrooms and two full bathrooms plus double-height ceilings.
Property Size1,238 SF
Days on Market135
Property Features for 184 Stuyvesant Avenue D2
General Information
Standard status
Pending
Size
1,238 SF
Property subtype
Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,816
Amenities
exclusive outdoor space
storage shed
Building Details
Building Size
1,238 SF
Year Built
1993
Construction
Neo-Grec and Italianate transitional
Listing Agency:
Compass
Listed By:
Stephan Brisard
(917) 748-0262
Source:
Miradorrealestate
Added: Jun 17
Changed: Oct 27
Last Checked: Oct 28 at 1:57PM
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 Compass
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Investment Insights
Based on property information with market context.
Residential income property opportunity featuring a duplex layout spanning the ground and second floors. The unit has three bedrooms and two full bathrooms, and the lower level is highlighted by soaring double-height ceilings. Natural light comes through with Southern and Eastern exposures, creating a bright interior with an airy, expansive feel.
The property is situated within a classic Victorian-era flats building with a Neo-Grec and Italianate transitional structure. The home is positioned at 184 Stuyvesant Avenue, Unit D2, on the corner of Quincy Street and “Do the Right Thing Way.” The unit also includes an exclusive outdoor space, along with a cinder block masonry storage shed.
Built in 1993, this unit is offered as-is and is described as requiring a full gut renovation. The layout and scale provide a blank-canvas project within a historic Bedford-Stuyvesant setting.
The property is situated within a classic Victorian-era flats building with a Neo-Grec and Italianate transitional structure. The home is positioned at 184 Stuyvesant Avenue, Unit D2, on the corner of Quincy Street and “Do the Right Thing Way.” The unit also includes an exclusive outdoor space, along with a cinder block masonry storage shed.
Built in 1993, this unit is offered as-is and is described as requiring a full gut renovation. The layout and scale provide a blank-canvas project within a historic Bedford-Stuyvesant setting.
Key Highlights
- 1,238 SF duplex spans the ground and second floors
- Three bedrooms and two full bathrooms
- Soaring double‑height ceilings on the lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,795
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,900
$755.9K
Cap Rate 7%
$539,929
$539.9K
Cap Rate 9%
$419,944
$419.9K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$70.1K $56.64/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$68.7K $55.51/SF
− OpEx
−$30.9K −$24.98/SF
NOI
$37.8K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,900
Cap Rate 7%
$539,929
Cap Rate 9%
$419,944
Alternative Uses
Best Use
Apartment 5plus
$539.9K
$472.4K – $629.9K
NOI $37,795 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.03M
$896.9K – $1.20M
NOI $71,754 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,135
Businesses Nearby
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Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Duplex unit spans the ground and second floors with three bedrooms and two full bathrooms plus double-height ceilings.
Where is this residential income property located?
The property is located at 184 Stuyvesant Avenue D2 Brooklyn, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1,238 SF duplex spans the ground and second floors; Three bedrooms and two full bathrooms; Soaring double‑height ceilings on the lower level
