Detached Two-Family Brick
New
For Sale
$1,150,000
186 E 39th Street, Brooklyn, NY 11203
MULTI_FAMILY - Brooklyn, NY
Property Size1,920 SF
Lot Size0.05 Acres
Price / SF$598.96
Days on Market6
Property Features for 186 E 39th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
5
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 4
Parking features
Garage - Detached
Interior features
Refrigerator
Basement
Full, Finished
Subdivision
East Flatbush
Standard status
Active
Size
1,920 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6737
Building Details
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
BHHS Fillmore R.E.
(718) 377-6161
Listed By:
Cheryl A. Slocum
(718) 377-6161
Added: Jul 27
Changed: Jul 30
Last Checked: Aug 1 at 12:06AM
MLS# 503335
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.
Investment Insights
Based on property information with market context.
Detached two-family brick home in East Flatbush offering a practical layout for either an owner-occupant or an investor. The home includes interior stairs, a shared driveway, hardwood floors throughout, and tile flooring in the bathrooms. A flat roof tops the structure and a detached garage provides parking. The refrigerator is included.
The property sits on a 0.0459-acre lot with 1,920 square feet of total building size. The arrangement provides bedrooms and bathrooms across the two levels plus a full finished basement, including multiple 3/4 bathrooms in addition to full baths.
The property is being sold As Is. Showings are by appointment only.
The property sits on a 0.0459-acre lot with 1,920 square feet of total building size. The arrangement provides bedrooms and bathrooms across the two levels plus a full finished basement, including multiple 3/4 bathrooms in addition to full baths.
The property is being sold As Is. Showings are by appointment only.
Key Highlights
- 0.0459‑acre detached two‑family brick home in East Flatbush
- 1,920 SF total building area with a full finished basement
- Bedroom and bath layout across two levels plus basement includes multiple 3/4 bathrooms
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 | $97.9k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $96.1k | $50.03 |
| − OpEx | −$28.8k | −$15.01 |
| NOI | $67.2k | $35.02 |
1,920 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$960.6K
$840.5K – $1.12M
NOI $67,242 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$837.4K
$732.7K – $976.9K
NOI $58,616 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,283 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,541
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Detached two-family brick duplex with hardwood floors, interior stairs, finished basement, and detached garage.
Where is this duplex located?
The property is located at 186 E 39th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 0.0459‑acre detached two‑family brick home in East Flatbush; 1,920 SF total building area with a full finished basement; Bedroom and bath layout across two levels plus basement includes multiple 3/4 bathrooms
