Brick Duplex
New
For Sale
$948,000
2058 Coyle Street, Brooklyn, NY 11229
Residential, Brooklyn, NY
Property Size2,142 SF
Lot Size0.04 Acres
Price / SF$442.58
Days on Market1
Property Features for 2058 Coyle Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3
Parking features
Garage - Detached
Interior features
Dryer, Laundry Area, Refrigerator, Stove, Washer
Basement
Full, Finished
Subdivision
Marine Park
Standard status
Active
Size
2,142 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
7740
Amenities
full finished walk-in basement
front and rear outdoor spaces
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Daniel Gamil · License #10301211175
(718) 313-0214
Added: Oct 12
Last Checked: Oct 12 at 11:06PM
MLS# 505267
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 1930 brick duplex contains 2,142 square feet with five bedrooms and two full bathrooms. The layout combines a three-bedroom owner’s duplex with a vacant two-bedroom apartment. A finished walk-in basement adds interior space, while hardwood and tile flooring, gas heat, and front and rear outdoor areas are among the property’s features. A detached garage accommodates two cars and is reached by a community drive. The lot measures 17 by 100 feet, and the property is zoned R4.
The home is in Brooklyn near Marine Park, neighborhood retail and restaurants. Bus service includes the B3 on Avenue U and the B31 on Gerritsen Avenue, with connections to the Q subway line.
The home is in Brooklyn near Marine Park, neighborhood retail and restaurants. Bus service includes the B3 on Avenue U and the B31 on Gerritsen Avenue, with connections to the Q subway line.
Key Highlights
- 2,142 square feet with five bedrooms and two full bathrooms
- Three‑bedroom owner’s duplex and vacant two‑bedroom apartment
- Detached two‑car garage accessed through a community drive
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,016
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,320
$1.5M
Cap Rate 7%
$1,071,657
$1.1M
Cap Rate 9%
$833,511
$833.5K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$109.2K $51.00/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$107.2K $50.03/SF
− OpEx
−$32.1K −$15.01/SF
NOI
$75.0K $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%
$1,500,320
Cap Rate 7%
$1,071,657
Cap Rate 9%
$833,511
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$937.7K – $1.25M
NOI $75,016 @ 7.0% cap · market cap 7.91%
Second Best
Apartment 5plus
$934.2K
$817.4K – $1.09M
NOI $65,393 @ 7.0% cap · market cap 6.90%
Theoretical Best
Specialty Retail
$1.77M
$1.55M – $2.07M
NOI $124,150 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,998
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
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 - A three-bedroom owner’s residence is paired with a vacant two-bedroom apartment, offering two distinct living spaces.
Where is this duplex located?
The property is located at 2058 Coyle Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: 2,142 square feet with five bedrooms and two full bathrooms; Three‑bedroom owner’s duplex and vacant two‑bedroom apartment; Detached two‑car garage accessed through a community drive
