2-Bedroom
For Sale
Contact for pricing
2514 East 19th, Brooklyn, NY 11235
Renovated second-floor residence with heat, hot water, cooking gas, and electricity included in the rent.
Property Size800 SF
Price / SF$3.47
Days on Market29
Property Features for 2514 East 19th
General Information
Standard status
Active
Size
800 SF
Property subtype
Multi-Unit (2-4)
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Listing Agency:
PRIMEROCK REAL ESTATE GROUP INC
Listed By:
Andrey Kisheyev
(646) 434-9100
Source:
Gosenproperties
Added: Oct 2
Changed: Oct 29
Last Checked: Oct 28 at 6:28AM
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 PRIMEROCK REAL ESTATE GROUP INC
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Investment Insights
Based on property information with market context.
This renovated second-floor apartment at 2514 East 19th offers two bedrooms and one bathroom across about 800 sq ft. The primary bedroom measures 140 sq ft, and the second bedroom measures 120 sq ft; the unit also has extensive closet space.
Heat, hot water, cooking gas, and electricity are included in the rent. A laundromat is around the block, with buses, trains, shops, schools, playgrounds, and beaches described as minutes away.
Heat, hot water, cooking gas, and electricity are included in the rent. A laundromat is around the block, with buses, trains, shops, schools, playgrounds, and beaches described as minutes away.
Key Highlights
- Two‑bedroom, one‑bath apartment on the second floor
- About 800 sq ft
- Primary bedroom: 140 sq ft; second bedroom: 120 sq ft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,423
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,460
$488.5K
Cap Rate 7%
$348,900
$348.9K
Cap Rate 9%
$271,367
$271.4K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$45.3K $56.64/SF
− Vacancy
−$906 −$1.13/SF
EGI
$44.4K $55.51/SF
− OpEx
−$20.0K −$24.98/SF
NOI
$24.4K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,460
Cap Rate 7%
$348,900
Cap Rate 9%
$271,367
Alternative Uses
Best Use
Apartment 5plus
$348.9K
$305.3K – $407.1K
NOI $24,423 @ 7.0% cap · market cap 880.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$662.4K
$579.6K – $772.8K
NOI $46,368 @ 7.0% cap · market cap 1,670.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,785
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated second-floor residence with heat, hot water, cooking gas, and electricity included in the rent.
Where is this residential income property located?
The property is located at 2514 East 19th Brooklyn, NY.
What are key features of this property?
This property features: Two‑bedroom, one‑bath apartment on the second floor; About 800 sq ft; Primary bedroom: 140 sq ft; second bedroom: 120 sq ft
