Two-Unit Duplex with Private
New
For Sale
$1,700,000
225a Prospect Avenue, Brooklyn, NY 11215
Residential Income, Brooklyn, NY
Property Size2,304 SF
Lot Size0.05 Acres
Price / SF$737.85
Days on Market2
Property Features for 225a Prospect Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6-B
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
Parking features
On Street
Interior features
Ceiling Fan(s)
Fencing
Fenced
Basement
Full, Unfinished
Lot features
Front Yard, Back Yard
Subdivision
Park Slope
Standard status
Active
APN
3010520062
Size
2,304 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6296
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Amenities
private backyard
Building Details
Year built
1899
Floors in Building
3
Number of units
2
Building materials
Brick
Listing Agency:
Keller Williams Realty Staten Island
(718) 766-7159
Listed By:
Elyse Rivera
(917) 217-0599
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 10:06AM
MLS# 2605978
Copyright © 2026 Staten Island Board of Realtors. 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 attached brick duplex, built in 1899, contains 2,304 square feet on a 0.0481-acre lot. The main residence spans the first and second floors with three bedrooms, a renovated eat-in kitchen, and a new bathroom. A separate one-bedroom residence occupies the third floor, and the kitchen opens directly to the fenced backyard.
The property is on Prospect Avenue between 16th and 17th Streets, near Fourth and Fifth Avenues. Neighborhood shops and restaurants, transportation connections, and Prospect Park are nearby. The property is zoned R6-B.
The property is on Prospect Avenue between 16th and 17th Streets, near Fourth and Fifth Avenues. Neighborhood shops and restaurants, transportation connections, and Prospect Park are nearby. The property is zoned R6-B.
Key Highlights
- Two‑family brick duplex with a three‑bedroom main residence and separate one‑bedroom third‑floor unit
- 2,304 square feet on a 0.0481‑acre lot
- Built in 1899; zoned R6‑B
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,690
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,613,800
$1.6M
Cap Rate 7%
$1,152,714
$1.2M
Cap Rate 9%
$896,556
$896.6K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$117.5K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$115.3K $50.03/SF
− OpEx
−$34.6K −$15.01/SF
NOI
$80.7K $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%
$1,613,800
Cap Rate 7%
$1,152,714
Cap Rate 9%
$896,556
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,690 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$1.00M
$879.2K – $1.17M
NOI $70,339 @ 7.0% cap · market cap 4.14%
Theoretical Best
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,540 @ 7.0% cap · market cap 7.86%
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
6,625
Businesses Nearby
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Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
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 - R6-B zoning and a separate third-floor residence provide a distinct two-unit configuration.
Where is this duplex located?
The property is located at 225a Prospect Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two‑family brick duplex with a three‑bedroom main residence and separate one‑bedroom third‑floor unit; 2,304 square feet on a 0.0481‑acre lot; Built in 1899; zoned R6‑B
