Duplex with Garage and Shared
For Sale
$1,675,000
2245 64th Street, Brooklyn, NY 11204
Two residential units provide three bedrooms and one bathroom each, with a finished basement and separate side entrance.
Property Size2,060 SF
Lot Size0.05 Acres
Price / SF$813.11
Days on Market8
Property Features for 2245 64th Street
General Information
Standard status
Active
Size
2,060 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,337
Amenities
washer/dryer
Building Details
Building Size
2,060 SF
Year Built
1925
Buildings
1
Listing Agency:
Modern Spaces
Listed By:
Cheong Wai Lee
(718) 784-1110
Source:
Howardhannanyc
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 25 at 2:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Modern Spaces
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Investment Insights
Based on property information with market context.
This semi-detached duplex contains two residential units. Each floor has three bedrooms and one bathroom. The finished basement includes two rooms, two bathrooms, laundry equipment, and a separate entrance along the side of the building. A shared driveway and garage serve the property. The building measures 16 by 63 feet on a 20-by-100-foot lot, with 2,060 square feet of property size. Built in 1925, the home is located near Bay Parkway in Brooklyn.
Nearby transportation includes the N subway line and the B6 bus route. Restaurants, supermarkets, and shops are also in the surrounding area.
Nearby transportation includes the N subway line and the B6 bus route. Restaurants, supermarkets, and shops are also in the surrounding area.
Key Highlights
- Two floors, each with three bedrooms and one bathroom
- Finished basement has two rooms, two bathrooms, laundry, and a separate side entrance
- Shared driveway and garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,145
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,442,900
$1.4M
Cap Rate 7%
$1,030,643
$1.0M
Cap Rate 9%
$801,611
$801.6K
Market Conditions
NOI Build-Up for 2,060 SF
Gross rent
$105.1K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$103.1K $50.03/SF
− OpEx
−$30.9K −$15.01/SF
NOI
$72.1K $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%
$1,442,900
Cap Rate 7%
$1,030,643
Cap Rate 9%
$801,611
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$901.8K – $1.20M
NOI $72,145 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$898.4K
$786.1K – $1.05M
NOI $62,890 @ 7.0% cap · market cap 3.75%
Theoretical Best
Specialty Retail
$1.71M
$1.49M – $1.99M
NOI $119,398 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,854
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
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 residential units provide three bedrooms and one bathroom each, with a finished basement and separate side entrance.
Where is this duplex located?
The property is located at 2245 64th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Two floors, each with three bedrooms and one bathroom; Finished basement has two rooms, two bathrooms, laundry, and a separate side entrance; Shared driveway and garage
