Three-Story Brick
For Sale
$1,845,000
1879 W 13th Street, Brooklyn, NY 11223
Residential, Duplex, Brooklyn, NY
Property Size3,750 SF
Lot Size0.07 Acres
Price / SF$492
Days on Market137
Property Features for 1879 W 13th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5B
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking features
Garage - Detached
Interior features
Stove
Basement
Finished
Subdivision
Gravesend
Standard status
Active
Size
3,750 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
9534
Building Details
Year built
1932
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Parquet Wood, Ceramic
Building materials
Brick
Roof type
Flat
Architectural style
Other
Buildings
1
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Francesco DiMarco · License #10301215378
(718) 612-3088
Added: Jun 22
Changed: Oct 29
Last Checked: Nov 5 at 1:06PM
MLS# 502489
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.
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Investment Insights
Based on property information with market context.
This three-story brick duplex was built in 1932 and contains 3,750 square feet on a 0.0689-acre lot. The 21' x 57' building includes a six-room upper apartment with three bedrooms and one full bath, plus a five-room lower apartment with two bedrooms and one full bath. The lower residence also connects to a finished level with a 3/4 bath. One apartment is move-in ready, while the other requires updating. Interior finishes include hardwood, parquet wood, and ceramic flooring, with a stove included. The property has a flat roof and a detached garage.
A 9-foot-wide private driveway provides access to the garage. The property is located at 1879 W 13th Street in Brooklyn, near transportation and the 86th Street shopping corridor. R5B zoning and the two-unit configuration support continued residential use, subject to applicable requirements.
A 9-foot-wide private driveway provides access to the garage. The property is located at 1879 W 13th Street in Brooklyn, near transportation and the 86th Street shopping corridor. R5B zoning and the two-unit configuration support continued residential use, subject to applicable requirements.
Key Highlights
- Two‑unit layout with a 3,750‑square‑foot building
- 3 bedrooms and 1 full bath in the six‑room apartment
- 2 bedrooms and 1 full bath in the five‑room apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,331
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,626,620
$2.6M
Cap Rate 7%
$1,876,157
$1.9M
Cap Rate 9%
$1,459,233
$1.5M
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$191.3K $51.00/SF
− Vacancy
−$3.6K −$0.97/SF
EGI
$187.6K $50.03/SF
− OpEx
−$56.3K −$15.01/SF
NOI
$131.3K $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%
$2,626,620
Cap Rate 7%
$1,876,157
Cap Rate 9%
$1,459,233
Alternative Uses
Best Use
Multifamily LT 5
$1.88M
$1.64M – $2.19M
NOI $131,331 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$1.64M
$1.43M – $1.91M
NOI $114,484 @ 7.0% cap · market cap 6.21%
Theoretical Best
Specialty Retail
$3.10M
$2.72M – $3.62M
NOI $217,350 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,765
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments, a finished lower level, private driveway, and detached garage support flexible residential use and rental income potential.
Where is this duplex located?
The property is located at 1879 W 13th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Two‑unit layout with a 3,750‑square‑foot building; 3 bedrooms and 1 full bath in the six‑room apartment; 2 bedrooms and 1 full bath in the five‑room apartment
