Four-Bedroom Duplex with
For Sale
$999,999
189 Buffalo Avenue, Brooklyn, NY 11213
Residential, Duplex, Brooklyn, NY
Property Size1,600 SF
Lot Size0.06 Acres
Price / SF$624
Days on Market251
Property Features for 189 Buffalo Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R6
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Patio and Porch features
Porch
Interior features
Laundry Area, Porch, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Crown Heights
Standard status
Active
Size
1,600 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
2296
Building Details
Year built
1930
Flooring type
Hardwood
Building materials
Block, Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
BHHS Fillmore R.E.
Listed By:
Ansel Davis
(718) 377-6161
Added: Feb 17
Changed: Oct 20
Last Checked: Oct 26 at 10:06PM
MLS# 499046
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 1,600-square-foot duplex residence, built in 1930, has a traditional first-floor arrangement with living, dining, and kitchen areas. The upper level contains four bedrooms with closet space, while hardwood flooring, a porch, refrigerator, and stove are among the existing features. A finished basement adds usable space and includes a separate entrance to the private backyard.
The property is located in Crown Heights, Brooklyn, near public transportation, shops, and parks. R6 zoning applies to the parcel, which measures 0.0574 acres. The building is constructed with brick and block and has a flat roof. The property is offered as-is.
The property is located in Crown Heights, Brooklyn, near public transportation, shops, and parks. R6 zoning applies to the parcel, which measures 0.0574 acres. The building is constructed with brick and block and has a flat roof. The property is offered as-is.
Key Highlights
- 1,600‑square‑foot duplex residence with four bedrooms
- Finished basement with a separate entrance
- Private backyard and front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,035
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,700
$1.1M
Cap Rate 7%
$800,500
$800.5K
Cap Rate 9%
$622,611
$622.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$81.6K $51.00/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$80.0K $50.03/SF
− OpEx
−$24.0K −$15.01/SF
NOI
$56.0K $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%
$1,120,700
Cap Rate 7%
$800,500
Cap Rate 9%
$622,611
Alternative Uses
Best Use
Multifamily LT 5
$800.5K
$700.4K – $933.9K
NOI $56,035 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$697.8K
$610.6K – $814.1K
NOI $48,846 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.55M
NOI $92,736 @ 7.0% cap · market cap 9.27%
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
3,457
Businesses Nearby
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Business Placement
Demographics for 11213, NY
67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
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 - Detached brick residence with a finished lower level, private entrance, and backyard.
Where is this duplex located?
The property is located at 189 Buffalo Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 1,600‑square‑foot duplex residence with four bedrooms; Finished basement with a separate entrance; Private backyard and front porch
