1960 Stillwell Avenue, Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 30, 2025
- Days on Market:
- 408
- Last Refresh:
- Jun 11 at 5:06 am
Property Features for 1960 Stillwell Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3
- Interior features
- Central Air - Split, Dishwasher, Laundry Area, Microwave, Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,934 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11914
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Ceramic, Tile, Granite
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Siu Kit Wong License #SW6470 (718) 532-2000
Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY (718) 532-2000
Listing date Apr 30, 2025
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.
HighLights
- Detached brick property built in 1965 with central air‑split system, plus dishwasher, microwave, refrigerator, and stove
- Large two‑family setup with separate entrances for each family and move‑in condition
- 5 bedrooms and 4 bathrooms total; interior flooring includes hardwood, tile, and ceramic with granite finishes
- Lot size 6,175 SF with additional double‑lot context: ~10,000 SF across both lots (1960 Stillwell Ave and 2505 84th Street not included in this price)
- Roof shingles reportedly 8 years old; working water well and extra space noted for flowers and plants
- Zoned R5; wider street access with one side on 25th Ave and the other on Stillwell Ave, with easy city access near the D Train on 86th Street
Overview
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 | $149.6k | $51.00 |
| − Vacancy | −$2.8k | −$0.97 |
| EGI | $146.8k | $50.03 |
| − OpEx | −$44.0k | −$15.01 |
| NOI | $102.8k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.985882
- Latitude
- 40.598763
