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    Brooklyn Two-Family House with Parking

    1966 W 8th Street Brooklyn, NY 11223

    1966 W 8th Street, Brooklyn, NY, 11223
    $1,380,000
    For Sale
    Claim this Listing
    $1,380,000

    MULTI_FAMILY - Brooklyn, NY

    Property Size1,600 SF
    Lot Size0.05 Acres
    Price / SF$862.50
    AddedApr 2
    Days on Market104
    Last RefreshJul 14 at 11:06 pm

    Property Features for 1966 W 8th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5B
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Parking features
    Carport
    Interior features
    Refrigerator, Stove
    Basement
    Full
    Standard status
    Active
    Size
    1,600 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6872

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Block
    Roof type
    Flat

    Listing agent Mingqin Sun

    Listing office E House Realty & Mgt. Inc 6523 11th Ave, Brooklyn, NY

    Listing date Apr 2, 2026

    MLS# 500171 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.

    This well-maintained legal two-family home in Brooklyn offers investment and living opportunities. The property includes a legal front parking space. The building size is 16 feet by 50 feet, situated on a lot measuring 20 feet by 100 feet. The annual property tax is $6,872. The first floor features 2 bedrooms and 1 living room. The second floor includes 3 bedrooms and 1 living room. The basement is finished with a separate entrance and contains 1 bedroom and 1 living room. Located 3 minutes from the N and R train, this property is suitable for end-users and investors looking to live in one unit while generating rental income from the others. The property size is 1600 square feet and the lot size is 0.0459 acres.

    Key Highlights

    • Legal two‑family home with front parking and a finished basement with separate entrance
    • Building size 16 x 50 on a 20 x 100 lot
    • First floor: 2 bedrooms and 1 living room

    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 $81.6k $51.00
    − Vacancy −$1.6k −$0.97
    EGI $80.0k $50.03
    − OpEx −$24.0k −$15.01
    NOI $56.0k $35.02
    1,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $800.5K
    $700.4K – $933.9K (±1% cap)
    NOI $56,035 @ 7.0% cap · market cap 4.06%
    Second Best
    Apartment 5plus
    $697.8K
    $610.6K – $814.1K (±1% cap)
    NOI $48,846 @ 7.0% cap · market cap 3.54%
    Theoretical Best
    Specialty Retail
    $1.32M
    $1.16M – $1.55M (±1% cap)
    NOI $92,736 @ 7.0% cap · market cap 6.72%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Gym & Fitness Center Tattoo & Piercing Shop Storage Facility Nursing Home Bed & Breakfast Coworking & Hybrid Office

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Legal two-family home with parking, near N and R train.
    Where is this duplex located?
    The property is located at 1966 W 8th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,380,000.
    What are key features of this property?
    This property features: Legal two‑family home with front parking and a finished basement with separate entrance; Building size 16 x 50 on a 20 x 100 lot; First floor: 2 bedrooms and 1 living room
    Contact an agent
    (718) 680-2776
    We can help!
    Contact an agent
    Mingqin Sun
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