Renovated Two-Family
New
For Sale
$1,238,000
2027 W 10th Street, Brooklyn, NY 11223
Residential, Duplex, Brooklyn, NY
Property Size1,600 SF
Lot Size0.05 Acres
Price / SF$773.75
Days on Market2
Property Features for 2027 W 10th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 5
Interior features
Central Air - Split, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
Gravesend
Standard status
Active
Size
1,600 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6858
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Block, Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Qikang Mei · License #10401207839
(718) 612-3088
Added: Oct 14
Last Checked: Oct 15 at 4:06AM
MLS# 505337
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 1,600-square-foot, two-family duplex in Gravesend has six bedrooms and three full bathrooms across two residences. The first-floor duplex includes a living room, kitchen, four bedrooms and two bathrooms. Upstairs, the second residence has two bedrooms, a living room, an eat-in kitchen with dining space and one bathroom. The property was renovated approximately eight years ago and includes split-system central air, a dishwasher, a washer, a dryer, a microwave, a refrigerator and a stove. Hardwood and tile flooring are also present.
The 20-by-100-foot parcel is zoned R4. The property is in Brooklyn near shopping, schools, restaurants and neighborhood amenities, with access to the N and R subway lines.
The 20-by-100-foot parcel is zoned R4. The property is in Brooklyn near shopping, schools, restaurants and neighborhood amenities, with access to the N and R subway lines.
Key Highlights
- Two‑family duplex with 1,600 square feet of building area
- Six bedrooms and three full bathrooms across two residences
- First‑floor duplex has four bedrooms; second‑floor residence has two
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,035
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,700
$1.1M
Cap Rate 7%
$800,500
$800.5K
Cap Rate 9%
$622,611
$622.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$81.6K $51.00/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$80.0K $50.03/SF
− OpEx
−$24.0K −$15.01/SF
NOI
$56.0K $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%
$1,120,700
Cap Rate 7%
$800,500
Cap Rate 9%
$622,611
Alternative Uses
Best Use
Multifamily LT 5
$800.5K
$700.4K – $933.9K
NOI $56,035 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$697.8K
$610.6K – $814.1K
NOI $48,846 @ 7.0% cap · market cap 3.95%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.55M
NOI $92,736 @ 7.0% cap · market cap 7.49%
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
3,627
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residential layouts provide a four-bedroom first-floor duplex and a separate two-bedroom second-floor residence.
Where is this duplex located?
The property is located at 2027 W 10th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,238,000.
What are key features of this property?
This property features: Two‑family duplex with 1,600 square feet of building area; Six bedrooms and three full bathrooms across two residences; First‑floor duplex has four bedrooms; second‑floor residence has two
