Brick Two-Family
1891 W 8th Street Brooklyn, NY 11223
New
1891 W 8th Street, Brooklyn, NY, 11223
$1,150,000
For Sale
$1,150,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,482 SF
Lot Size0.04 Acres
Price / SF$775.98
Days on Market2
Property Features for 1891 W 8th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2
- Interior features
- Refrigerator, Stove, Terrace
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,482 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7227
Building Details
- Year built
- 1915
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick, Wood Frame
- Roof type
- Flat
Listing Agency
Tiger Realty
(917) 708-9966
1484 86th Street, Brooklyn, NY
Listed by
Hang (Tyler) Chen
(917) 708-9966
Added: Jul 15 Checked: Jul 16 at 7:06 pm
MLS# 502961
Listing URL
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.
Introducing 1891 W. 8th Street, a solid brick two-family, true-story residence. The home includes a finished basement and is built on a 19' x 82' lot, with approximately 19' x 35' building dimensions. The property is zoned R5B.
The property is located in Brooklyn, NY 11223, and is described as being conveniently located near the Kings Highway subway.
At approximately 1,482 SF, the asset offers a straightforward two-family configuration suitable for residential income use within the stated zoning classification.
The property is located in Brooklyn, NY 11223, and is described as being conveniently located near the Kings Highway subway.
At approximately 1,482 SF, the asset offers a straightforward two-family configuration suitable for residential income use within the stated zoning classification.
Key Highlights
- Solid brick 2‑family, true‑story home built in 1915
- Approximately 1,482 SF building with finished basement
- 19' x 35' building on a 19' x 82' lot
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 | $75.6k | $51.00 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $74.1k | $50.03 |
| − OpEx | −$22.2k | −$15.01 |
| NOI | $51.9k | $35.02 |
1,482 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$741.5K
$648.8K – $865.0K
NOI $51,902 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$646.3K
$565.6K – $754.1K
NOI $45,244 @ 7.0% cap · market cap 3.93%
Theoretical Best
Specialty Retail
$1.23M
$1.07M – $1.43M
NOI $85,897 @ 7.0% cap · market cap 7.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Solid brick two-family home with a finished basement on a 19' x 82' lot, zoned R5B.
Where is this duplex located?
The property is located at 1891 W 8th 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: Solid brick 2‑family, true‑story home built in 1915; Approximately 1,482 SF building with finished basement; 19' x 35' building on a 19' x 82' lot
