Two-Family Duplex with Private
For Sale
$1,999,500
212 Ave M, Brooklyn, NY 11230
Residential Income, Brooklyn, NY
Property Size3,817 SF
Lot Size0.06 Acres
Price / SF$523.84
Days on Market54
Property Features for 212 Ave M
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
7
Bathrooms
6
Full bathrooms
3
Half bathrooms
3
Rooms
Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 6, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 5, Bathroom 5, Bedroom 4, Bedroom 7
Interior features
Entrance Foyer
Subdivision
Midwood
Standard status
Active
APN
6565/04
Size
3,817 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
1034
Utilities
Heating system
Baseboard, Natural Gas
Amenities
porch
balcony
backyard
laundry room
Building Details
Year built
1960
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Architectural style
Other
Buildings
1
Listing Agency:
TREE OF LIFE REALTY & MANAGEMENT LLC
Listed By:
Larisa Elchananov
(646) 710-0602
Added: Sep 14
Changed: Oct 29
Last Checked: Nov 6 at 5:06AM
MLS# 11979691
Copyright © 2026 My State MLS. 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 3,817-square-foot, semi-attached brick duplex contains two residences and can be delivered vacant. The owner's unit spans two levels, with three bedrooms, one-and-a-half bathrooms, an updated kitchen, and a laundry room. A recreation room on the ground level includes an additional half bathroom. The upper apartment has three bedrooms, one-and-a-half bathrooms, its own laundry room, and an open kitchen and dining area; it has been renovated. A living room balcony and hallway skylight add to the upper-level layout. A basement room has a separate entrance.
A private garage and driveway provide on-site parking. Front and rear porches and a backyard offer outdoor areas, and the parcel measures 0.0574 acres. Built in 1960, the property is located at 212 Ave M in Brooklyn, NY 11230.
A private garage and driveway provide on-site parking. Front and rear porches and a backyard offer outdoor areas, and the parcel measures 0.0574 acres. Built in 1960, the property is located at 212 Ave M in Brooklyn, NY 11230.
Key Highlights
- Two residences, each with three bedrooms and 1.5 bathrooms
- 3,817 square feet on a 0.0574‑acre lot
- Upper apartment renovated, with open kitchen and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,678
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,673,560
$2.7M
Cap Rate 7%
$1,909,686
$1.9M
Cap Rate 9%
$1,485,311
$1.5M
Market Conditions
NOI Build-Up for 3,817 SF
Gross rent
$194.7K $51.00/SF
− Vacancy
−$3.7K −$0.97/SF
EGI
$191.0K $50.03/SF
− OpEx
−$57.3K −$15.01/SF
NOI
$133.7K $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%
$2,673,560
Cap Rate 7%
$1,909,686
Cap Rate 9%
$1,485,311
Alternative Uses
Best Use
Multifamily LT 5
$1.91M
$1.67M – $2.23M
NOI $133,678 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$1.66M
$1.46M – $1.94M
NOI $116,529 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$3.16M
$2.77M – $3.69M
NOI $221,233 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,827
Businesses Nearby
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Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences each offer three bedrooms, laundry facilities, and one-and-a-half bathrooms.
Where is this duplex located?
The property is located at 212 Ave M Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,500.
What are key features of this property?
This property features: Two residences, each with three bedrooms and 1.5 bathrooms; 3,817 square feet on a 0.0574‑acre lot; Upper apartment renovated, with open kitchen and dining area
