Two-Family Brownstone with Garden
New
For Sale
$2,649,000
250 Lefferts Avenue, Brooklyn, NY 11225
A self-contained apartment on the garden level adds flexibility for household use, guests, or rental income.
Property Size3,136 SF
Price / SF$844.71
Days on Market7
Property Features for 250 Lefferts Avenue
General Information
Standard status
Active
Size
3,136 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,751
Amenities
central air
washer/dryer
backyard
front yard
patio
deck
Building Details
Building Size
3,136 SF
Year Built
1905
Year Renovated
2018
Buildings
1
Construction
brownstone
Listing Agency:
Compass
Listed By:
Kristina Leonetti
(917) 856-0601
Source:
Carlinwright
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 7 at 6:36PM
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 Compass
Investment Insights
Based on property information with market context.
This two-family brownstone has four bedrooms and 3.5 bathrooms, with a separate apartment on the garden level. A 2018 renovation updated the home, while original details include leaded-glass transoms and a decorative staircase. The parlor level connects the living room, dining room, and kitchen; the upper floor includes a primary suite, two additional bedrooms, and laundry. Central air and heat and 9'6" ceilings are among the interior features.
Outdoor areas include a backyard with a bluestone patio, artificial-turf lawn, cedar fence, and deck, redesigned in 2022, as well as a private front yard. The property is in the Prospect Lefferts Garden Historic District, near Prospect Park, neighborhood shops and dining, the 2/5 express subway lines, and bus routes.
Outdoor areas include a backyard with a bluestone patio, artificial-turf lawn, cedar fence, and deck, redesigned in 2022, as well as a private front yard. The property is in the Prospect Lefferts Garden Historic District, near Prospect Park, neighborhood shops and dining, the 2/5 express subway lines, and bus routes.
Key Highlights
- Two‑family residence with a separate garden‑level apartment
- Four bedrooms and 3.5 bathrooms
- Renovated in 2018; built circa 1905
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,828
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,196,560
$2.2M
Cap Rate 7%
$1,568,971
$1.6M
Cap Rate 9%
$1,220,311
$1.2M
Market Conditions
NOI Build-Up for 3,136 SF
Gross rent
$159.9K $51.00/SF
− Vacancy
−$3.0K −$0.97/SF
EGI
$156.9K $50.03/SF
− OpEx
−$47.1K −$15.01/SF
NOI
$109.8K $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%
$2,196,560
Cap Rate 7%
$1,568,971
Cap Rate 9%
$1,220,311
Alternative Uses
Best Use
Multifamily LT 5
$1.57M
$1.37M – $1.83M
NOI $109,828 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $95,739 @ 7.0% cap · market cap 3.61%
Theoretical Best
Specialty Retail
$2.60M
$2.27M – $3.03M
NOI $181,763 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,919
Businesses Nearby
Explore this area
Business Placement
Demographics for 11225, NY
58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A self-contained apartment on the garden level adds flexibility for household use, guests, or rental income.
Where is this duplex located?
The property is located at 250 Lefferts Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,649,000.
What are key features of this property?
This property features: Two‑family residence with a separate garden‑level apartment; Four bedrooms and 3.5 bathrooms; Renovated in 2018; built circa 1905
