Two-Family Brick
193 29th Street, Brooklyn, NY 11232
For Sale
New
$2,195,000
Residential, Brooklyn, NY
Property Size2,382 SF
Lot Size0.04 Acres
Price / SF$921.49
Days on Market2
Property Features for 193 29th Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Patio and Porch features
Interior features
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Bellmarc
Listed By:
Gamal Hasan
(718) 768-4500
Added: Nov 9
Last Checked: Nov 10 at 9:06AM
MLS# 505967
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 contains 2,382 square feet and two residences: a three-bedroom owner’s unit arranged over two levels and a separate two-bedroom garden apartment. Interior features include hardwood floors, central air, and a kitchen with stainless steel appliances. The upper residence opens to a rear deck and has access to the roof; the garden apartment includes a full bathroom and washer/dryer hookup. The property was built in 1905 and is zoned R6B.
At 193 29th Street in Brooklyn, the property is near Industry City, Green-Wood Cemetery, Prospect Park, and PS 172. The R, D, and N subway lines are nearby. The roof offers views of Manhattan, New York Harbor, and the Brooklyn waterfront.
At 193 29th Street in Brooklyn, the property is near Industry City, Green-Wood Cemetery, Prospect Park, and PS 172. The R, D, and N subway lines are nearby. The roof offers views of Manhattan, New York Harbor, and the Brooklyn waterfront.
Key Highlights
- Two residences: a three‑bedroom owner’s duplex and a two‑bedroom garden apartment
- 2,382 square feet on a 0.0409‑acre lot
- Three‑story brick construction; built in 1905
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,422
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,668,440
$1.7M
Cap Rate 7%
$1,191,743
$1.2M
Cap Rate 9%
$926,911
$926.9K
Market Conditions
NOI Build-Up for 2,382 SF
Gross rent
$121.5K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$119.2K $50.03/SF
− OpEx
−$35.8K −$15.01/SF
NOI
$83.4K $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%
$1,668,440
Cap Rate 7%
$1,191,743
Cap Rate 9%
$926,911
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M
NOI $83,422 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$1.04M
$909.0K – $1.21M
NOI $72,720 @ 7.0% cap · market cap 3.31%
Theoretical Best
Specialty Retail
$1.97M
$1.73M – $2.30M
NOI $138,061 @ 7.0% cap · market cap 6.29%
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
3,673
Businesses Nearby
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Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate three-bedroom and two-bedroom residences include independent heating and HVAC systems.
Where is this duplex located?
The property is located at 193 29th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Two residences: a three‑bedroom owner’s duplex and a two‑bedroom garden apartment; 2,382 square feet on a 0.0409‑acre lot; Three‑story brick construction; built in 1905
