Semi-Detached Brick Two-Family
New
For Sale
$1,329,000
251 67th Street, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property Size2,016 SF
Lot Size0.03 Acres
Price / SF$659.23
Days on Market1
Property Features for 251 67th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4-1
Bedrooms
6
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 3
Interior features
Central Air - Split, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Subdivision
Bay Ridge
Standard status
Active
Size
2,016 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
9812
Amenities
split heating and cooling system
hardwood flooring
tiled floors
laundry room
Building Details
Year built
1960
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Rubber, Flat
Architectural style
Other
Listing Agency:
Century 21 Realty First
(718) 758-5838
Listed By:
Karla Ng Mok · License #KNM9509
(718) 758-5838
Added: Jul 31
Last Checked: Jul 31 at 7:06PM
MLS# 503431
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.
Semi-detached, three-level brick two-family duplex built in 1960 on a 0.0331-acre lot. The property totals 2,016 SF and features a private driveway with parking for up to 3+ cars.
The first-floor apartment is a 2-bedroom unit with ample space for storage and access to the laundry/utility room. The second-floor duplex has a separate kitchen and living area with 4 bedrooms and 1.5 bathrooms.
Mechanical and finishes include split heating and cooling throughout all rooms, hardwood flooring on the main unit, and tiled floors on the first floor. Interior amenities include central air split, dishwasher, microwave, refrigerator, washer/dryer, and a dedicated laundry area. Construction includes a flat rubber roof.
The home is in Brooklyn, NY 11220, and the public remarks note proximity to subways, ferry service, and a major shopping district.
The first-floor apartment is a 2-bedroom unit with ample space for storage and access to the laundry/utility room. The second-floor duplex has a separate kitchen and living area with 4 bedrooms and 1.5 bathrooms.
Mechanical and finishes include split heating and cooling throughout all rooms, hardwood flooring on the main unit, and tiled floors on the first floor. Interior amenities include central air split, dishwasher, microwave, refrigerator, washer/dryer, and a dedicated laundry area. Construction includes a flat rubber roof.
The home is in Brooklyn, NY 11220, and the public remarks note proximity to subways, ferry service, and a major shopping district.
Key Highlights
- R4‑1 zoned semi‑detached brick two‑family duplex built in 1960
- Private driveway offers parking for up to 3+ cars
- Split heating and cooling system throughout all rooms
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 | $89.5k | $44.40 |
| − Vacancy | −$3.8k | −$1.86 |
| EGI | $85.8k | $42.54 |
| − OpEx | −$25.7k | −$12.76 |
| NOI | $60.0k | $29.77 |
2,016 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$857.5K
$750.3K – $1.00M
NOI $60,026 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$768.0K
$672.0K – $896.0K
NOI $53,760 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,484 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,031
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R4-1 zoned semi-detached brick two-family duplex with split heating and cooling and a private driveway for up to 3+ cars.
Where is this duplex located?
The property is located at 251 67th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,329,000.
What are key features of this property?
This property features: R4‑1 zoned semi‑detached brick two‑family duplex built in 1960; Private driveway offers parking for up to 3+ cars; Split heating and cooling system throughout all rooms
