Multi-Unit Residential
23 Kenilworth Place Brooklyn, NY 11210
For Sale
$949,900
MULTI_FAMILY - Brooklyn, NY
Property Size2,120 SF
Lot Size0.05 Acres
Price / SF$448.07
Days on Market99
Property Features for 23 Kenilworth Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 2
- Basement
- Unfinished
- Standard status
- Active
- Size
- 2,120 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7219
Building Details
- Year built
- 1901
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Ranch
Listing Agency:
Tom Marco Real Estate
(718) 998-7100
Listed By:
Thomas Marcotrigiano
(718) 998-7100
Added: Apr 17
Changed: Jul 21
Last Checked: Jul 24 at 3:06PM
MLS# 500611
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 five-bedroom, two-bath, multi-unit residential property offers a railroad apartment configuration and flexible layout possibilities. The building is currently in need of gut renovation, presenting an opportunity for a buyer to reimagine the space and restore it for updated use.
Located in Flatbush, the property is described as convenient to Brooklyn College, along with Flatbush Junction Shopping. Public transportation options in the immediate area include the #2 and #5 trains and nearby MTA buses, supporting everyday access to retail, dining, and transit. Zoning is listed as R5B.
Located in Flatbush, the property is described as convenient to Brooklyn College, along with Flatbush Junction Shopping. Public transportation options in the immediate area include the #2 and #5 trains and nearby MTA buses, supporting everyday access to retail, dining, and transit. Zoning is listed as R5B.
Key Highlights
- Five‑bedroom, two‑bath multi‑unit property with a railroad apartment configuration
- Brick construction with hardwood flooring
- Built in 1901 with ranch architectural style and a flat roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.1k | $51.00 |
| − Vacancy | −$2.1k | −$0.97 |
| EGI | $106.1k | $50.03 |
| − OpEx | −$31.8k | −$15.01 |
| NOI | $74.2k | $35.02 |
2,120 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$928.1K – $1.24M
NOI $74,246 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$924.6K
$809.0K – $1.08M
NOI $64,721 @ 7.0% cap · market cap 6.81%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.05M
NOI $122,875 @ 7.0% cap · market cap 12.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Five-bedroom, two-bath multi-unit home with a railroad-style layout, in need of gut renovation.
Where is this duplex located?
The property is located at 23 Kenilworth Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: Five‑bedroom, two‑bath multi‑unit property with a railroad apartment configuration; Brick construction with hardwood flooring; Built in 1901 with ranch architectural style and a flat roof
