Brick Duplex with Finished
For Sale
$1,080,000
1891 W 8th Street, Brooklyn, NY 11223
Residential, Brooklyn, NY
Property Size1,482 SF
Lot Size0.04 Acres
Price / SF$728.74
Days on Market96
Property Features for 1891 W 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Interior features
Refrigerator, Stove, Terrace
Basement
Finished, Full
Subdivision
Gravesend
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
Tile, Hardwood
Building materials
Brick, Wood Frame
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Jul 15
Changed: Oct 17
Last Checked: Oct 18 at 1:06AM
MLS# 502961
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.
Located at 1891 W 8th Street in Brooklyn, this 1915-built duplex is constructed with brick and wood framing and contains approximately 1,482 square feet. The two-family layout includes four bedrooms and three bathrooms, with hardwood and tile flooring throughout the residence. A finished basement adds usable interior space, while the property also includes a terrace, refrigerator, and stove.
The building measures 19 feet by 35 feet and sits on a 19-foot by 82-foot lot. The R5B zoning designation and location near the Kings Highway subway add context for residential use. The property is in Brooklyn, NY 11223, within Kings County.
The building measures 19 feet by 35 feet and sits on a 19-foot by 82-foot lot. The R5B zoning designation and location near the Kings Highway subway add context for residential use. The property is in Brooklyn, NY 11223, within Kings County.
Key Highlights
- Two‑family duplex with approximately 1,482 SF
- Finished basement provides additional interior space
- 19' x 35' building on a 19' x 82' lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,902
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,040
$1.0M
Cap Rate 7%
$741,457
$741.5K
Cap Rate 9%
$576,689
$576.7K
Market Conditions
NOI Build-Up for 1,482 SF
Gross rent
$75.6K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$74.1K $50.03/SF
− OpEx
−$22.2K −$15.01/SF
NOI
$51.9K $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%
$1,038,040
Cap Rate 7%
$741,457
Cap Rate 9%
$576,689
Alternative Uses
Best Use
Multifamily LT 5
$741.5K
$648.8K – $865.0K
NOI $51,902 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$646.3K
$565.6K – $754.1K
NOI $45,244 @ 7.0% cap · market cap 4.19%
Theoretical Best
Specialty Retail
$1.23M
$1.07M – $1.43M
NOI $85,897 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,643
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 - R5B-zoned two-family residence includes a finished basement and terrace.
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 $1,080,000.
What are key features of this property?
This property features: Two‑family duplex with approximately 1,482 SF; Finished basement provides additional interior space; 19' x 35' building on a 19' x 82' lot
