Residential Income Duplex
1844 E 19th Street Brooklyn, NY 11229
1844 E 19th Street, Brooklyn, NY, 11229
$1,250,000
For Sale
$1,250,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,300 SF
Lot Size0.05 Acres
Price / SF$961.54
Days on Market131
Property Features for 1844 E 19th Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4-1
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2
- Parking features
- Carport
- Interior features
- Laundry Area, Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 1,300 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6279
Building Details
- Year built
- 1925
- Flooring type
- Hardwood, Carpet
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Behfar Team, LLC
(347) 988-2526
1524 E 23rd St, Brooklyn, NY
Listed by
Karen Behfar
(347) 988-2526
Added: Mar 12 Checked: Jul 20 at 3:06 am
MLS# 499588
Listing URL
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Investment Insights
Based on property information with market context.
Welcome to 1844 E 19th Street, a residential income duplex built around a practical, multi-level layout. The first floor features a bright, open living and dining area that flows together, with a kitchen conveniently positioned nearby. A full bathroom is also located on this level for everyday convenience.
The basement provides additional flexible space, including a laundry area, an extra room, and a full bathroom. The second floor includes three bedrooms and a full bathroom, offering separate private space with natural light throughout.
The property is listed with R4-1 zoning. With multiple levels and both first- and second-floor full bathrooms, the configuration can support a range of resident living arrangements within the existing footprint.
The basement provides additional flexible space, including a laundry area, an extra room, and a full bathroom. The second floor includes three bedrooms and a full bathroom, offering separate private space with natural light throughout.
The property is listed with R4-1 zoning. With multiple levels and both first- and second-floor full bathrooms, the configuration can support a range of resident living arrangements within the existing footprint.
Key Highlights
- 1925 home with multiple levels of living space, including a first floor, second floor, and basement
- Interior features include laundry area plus kitchen appliances: refrigerator and stove
- Layout includes 3 bedrooms and 3 full bathrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.3k | $51.00 |
| − Vacancy | −$1.3k | −$0.97 |
| EGI | $65.0k | $50.03 |
| − OpEx | −$19.5k | −$15.01 |
| NOI | $45.5k | $35.02 |
1,300 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$650.4K
$569.1K – $758.8K
NOI $45,528 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$567.0K
$496.1K – $661.5K
NOI $39,688 @ 7.0% cap · market cap 3.18%
Theoretical Best
Specialty Retail
$1.08M
$941.9K – $1.26M
NOI $75,348 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with a bright first floor, basement laundry and full bath, and three bedrooms plus a full bath on the second floor.
Where is this duplex located?
The property is located at 1844 E 19th 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: 1925 home with multiple levels of living space, including a first floor, second floor, and basement; Interior features include laundry area plus kitchen appliances: refrigerator and stove; Layout includes 3 bedrooms and 3 full bathrooms
