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Renovated Two-Family Duplex
New
For Sale
$1,850,000

1855 W 6th St, Brooklyn, NY 11223

A separate-entry finished lower level and on-site parking add useful functionality.

Property Size2,292 SF
Lot Size0.06 Acres
Price / SF$807.16
Days on Market2

Property Features for 1855 W 6th St

General Information

Standard status Active
Size 2,292 SF
Lot size 0.06 Acres
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $9,764

Amenities

on-site parking

Building Details

Year Built 1920
Buildings 1
Stories 2
Construction semi-detached
Listing Agency: eXp Realty BKNY
Listed By: Alexander Plotkin · License #AP4462
Source: Elliman
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 27 at 4:10AM

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 eXp Realty BKNY

Rey
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Investment Insights

Based on property information with market context.

At 1855 W 6th St in Brooklyn, this renovated semi-detached duplex has two residential units and was built in 1920. The 24 × 100-foot lot contains approximately 2,292 square feet of interior space, with building dimensions of 20 × 60 feet. The first floor has an updated kitchen and two full bathrooms; upstairs are four bedrooms, a second kitchen, and a full bathroom. A finished basement with its own entrance and full bathroom extends the usable space, and parking is available on site.

Kings Highway shops, restaurants, and services are nearby, including SuperFresh and Key Food. Transit options include the N train at Kings Highway near West 7th Street, the F train at Kings Highway and McDonald Avenue, and B82 local and Select Bus Service routes. Nearby schools include P.S. 215 Morris H. Weiss Elementary School and I.S. 228 David A. Boody.

Key Highlights

  • Two residential units in a renovated semi‑detached duplex
  • 24 × 100‑foot lot with approximately 2,292 square feet of interior space
  • Building dimensions listed as 20 × 60 feet; built in 1920

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$80,270
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,605,400 $1.6M
Cap Rate 7%
$1,146,714 $1.1M
Cap Rate 9%
$891,889 $891.9K
Market Conditions
NOI Build-Up for 2,292 SF
Gross rent
$116.9K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$114.7K $50.03/SF
− OpEx
−$34.4K −$15.01/SF
NOI
$80.3K $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%
$1,605,400
Cap Rate 7%
$1,146,714
Cap Rate 9%
$891,889

Alternative Uses

Best Use
Multifamily LT 5
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,270 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$999.6K
$874.7K – $1.17M (±1% cap)
NOI $69,972 @ 7.0% cap · market cap 3.78%
Theoretical Best
Specialty Retail
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,844 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,495
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A separate-entry finished lower level and on-site parking add useful functionality.
Where is this duplex located?
The property is located at 1855 W 6th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Two residential units in a renovated semi‑detached duplex; 24 × 100‑foot lot with approximately 2,292 square feet of interior space; Building dimensions listed as 20 × 60 feet; built in 1920
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