Two-Family Duplex with
New
For Sale
$1,178,000
1917 W 8th Street, Brooklyn, NY 11223
Residential, Colonial, Brooklyn, NY
Property Size1,120 SF
Lot Size0.04 Acres
Price / SF$1,051
Days on Market1
Property Features for 1917 W 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 4
Parking features
Garage
Patio and Porch features
Deck
Interior features
Deck, Refrigerator, Stove
Basement
Finished, Full
Subdivision
Gravesend
Standard status
Active
Size
1,120 SF
Lot size
0.04 Acres
Additional Details
Individually Metered Utilities
gas, electricity
Taxes and HOA fees
Tax Annual Amount
5938
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Roof type
Rubber
Architectural style
Colonial
Buildings
1
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Added: Oct 30
Last Checked: Oct 30 at 2:06PM
MLS# 505727
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1930 Colonial is a legal two-family duplex with 1,120 square feet of property size on a 0.0381-acre lot. The first-floor residence has two bedrooms, a living room, kitchen, finished basement with a full bathroom, and access to the backyard. Upstairs, a separate entrance leads to a two-bedroom apartment with a living room, kitchen, and updated bathroom. A rear one-car garage and front parking are included.
The property is near Kings Highway, Avenue U shopping, supermarkets, restaurants, banks, and the N subway line. R5B zoning is reported for the property.
The property is near Kings Highway, Avenue U shopping, supermarkets, restaurants, banks, and the N subway line. R5B zoning is reported for the property.
Key Highlights
- Legal two‑family property with two‑bedroom residences on both floors
- 1,120 square feet on a 0.0381‑acre lot
- Finished basement with a full bathroom and backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,224
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,480
$784.5K
Cap Rate 7%
$560,343
$560.3K
Cap Rate 9%
$435,822
$435.8K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$57.1K $51.00/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$56.0K $50.03/SF
− OpEx
−$16.8K −$15.01/SF
NOI
$39.2K $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%
$784,480
Cap Rate 7%
$560,343
Cap Rate 9%
$435,822
Alternative Uses
Best Use
Multifamily LT 5
$560.3K
$490.3K – $653.7K
NOI $39,224 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$488.5K
$427.4K – $569.9K
NOI $34,192 @ 7.0% cap · market cap 2.90%
Theoretical Best
Specialty Retail
$927.4K
$811.4K – $1.08M
NOI $64,915 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,643
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electric meters, plus independent heating and hot-water systems, serve the two residences.
Where is this duplex located?
The property is located at 1917 W 8th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,178,000.
What are key features of this property?
This property features: Legal two‑family property with two‑bedroom residences on both floors; 1,120 square feet on a 0.0381‑acre lot; Finished basement with a full bathroom and backyard access
