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Two-Unit Duplex Property
New
For Sale
$1,150,000

2443 E 19th St, Brooklyn, NY 11235

The two-family layout includes separate upper and lower residences, with a rear community driveway accommodating up to two cars.

Property Size1,813 SF
Days on Market5

Property Features for 2443 E 19th St

General Information

Standard status Active
Size 1,813 SF
Total Parking Spaces 2
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence Need some TLC.

Units

Unit Mix 1 x 2BR/1BA, 1 x 2BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,329

Building Details

Building Size 1,813 SF
Year Built 1930
Buildings 1
Stories 2
Listing Agency: Real Broker, LLC
Listed By: Yongda (Simon) Liang · License #15254
Source: Elliman
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 16 at 10:35AM

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 Real Broker, LLC

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Investment Insights

Based on property information with market context.

This two-family property has a two-bedroom, one-bath residence over a two-bedroom, two-bath residence. The building measures 22 by 46 feet, and the lot measures 22 by 100 feet. Built in 1930, it is being offered in as-is condition and may be delivered vacant at closing.

A rear community driveway provides parking for up to two cars. The property is located in Sheepshead Bay, Brooklyn, at 2443 E 19th St. Walk Score is 94, Transit Score is 78, and Bike Score is 69.

Key Highlights

  • Two‑bedroom, one‑bath unit over a two‑bedroom, two‑bath unit
  • Building dimensions: 22x46; lot dimensions: 22x100
  • Rear community driveway accommodates up to two cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,494
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,269,880 $1.3M
Cap Rate 7%
$907,057 $907.1K
Cap Rate 9%
$705,489 $705.5K
Market Conditions
NOI Build-Up for 1,813 SF
Gross rent
$92.5K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$90.7K $50.03/SF
− OpEx
−$27.2K −$15.01/SF
NOI
$63.5K $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%
$1,269,880
Cap Rate 7%
$907,057
Cap Rate 9%
$705,489

Alternative Uses

Best Use
Multifamily LT 5
$907.1K
$793.7K – $1.06M (±1% cap)
NOI $63,494 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$790.7K
$691.9K – $922.5K (±1% cap)
NOI $55,349 @ 7.0% cap · market cap 4.81%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,081 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Catering Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,775
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-family layout includes separate upper and lower residences, with a rear community driveway accommodating up to two cars.
Where is this duplex located?
The property is located at 2443 E 19th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath unit over a two‑bedroom, two‑bath unit; Building dimensions: 22x46; lot dimensions: 22x100; Rear community driveway accommodates up to two cars
More about this property
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