Restored Two-Family
253 Rutland Road townhouse, Brooklyn, NY 11225
For Sale
$2,999,500
Renovated duplex with private outdoor areas, flexible living space, and detailed interior finishes across two residences.
Property Size4,450 SF
Price / SF$674.04
Days on Market60
Property Features for 253 Rutland Road townhouse
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Fact Real Estate LLC
Listed By:
Chuanyung Wang
(917) 225-7078
Source:
Howardhannanyc
Added: Sep 9
Changed: Oct 23
Last Checked: Nov 6 at 4:53PM
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 Fact Real Estate LLC
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Investment Insights
Based on property information with market context.
This 1901 two-family townhouse in Brooklyn’s Prospect Lefferts Gardens neighborhood combines a restored limestone exterior with updated interiors. The owner’s duplex includes a parlor-level kitchen, living room with marble fireplace, private deck, three upper-level bedrooms, a walk-in closet that can serve as a fourth bedroom, and a five-fixture primary bathroom. The first-floor residence provides two bedrooms and two bathrooms, along with separate deck access.
Finished basement space adds room for a den or media area and includes a dedicated laundry room with washer and dryer hookups. Interior details include white oak engineered flooring, custom millwork, marble and Dekton surfaces, new windows, and upgraded bathrooms. Landscaped front and rear outdoor areas include mature plantings, gravel landscaping, and an automated watering system. The property measures 20 feet wide by more than 50 feet deep on a 100-foot-deep lot.
Finished basement space adds room for a den or media area and includes a dedicated laundry room with washer and dryer hookups. Interior details include white oak engineered flooring, custom millwork, marble and Dekton surfaces, new windows, and upgraded bathrooms. Landscaped front and rear outdoor areas include mature plantings, gravel landscaping, and an automated watering system. The property measures 20 feet wide by more than 50 feet deep on a 100-foot-deep lot.
Key Highlights
- Two‑family townhouse built in 1901
- Owner’s duplex includes 3 bedrooms plus a walk‑in closet that can serve as a fourth bedroom
- Separate first‑floor residence with 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,847
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,116,940
$3.1M
Cap Rate 7%
$2,226,386
$2.2M
Cap Rate 9%
$1,731,633
$1.7M
Market Conditions
NOI Build-Up for 4,450 SF
Gross rent
$227.0K $51.00/SF
− Vacancy
−$4.3K −$0.97/SF
EGI
$222.6K $50.03/SF
− OpEx
−$66.8K −$15.01/SF
NOI
$155.8K $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%
$3,116,940
Cap Rate 7%
$2,226,386
Cap Rate 9%
$1,731,633
Alternative Uses
Best Use
Multifamily LT 5
$2.23M
$1.95M – $2.60M
NOI $155,847 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$1.94M
$1.70M – $2.26M
NOI $135,854 @ 7.0% cap · market cap 4.53%
Theoretical Best
Specialty Retail
$3.68M
$3.22M – $4.30M
NOI $257,922 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6,851
Businesses Nearby
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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
$1,218,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex with private outdoor areas, flexible living space, and detailed interior finishes across two residences.
Where is this duplex located?
The property is located at 253 Rutland Road townhouse Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,500.
What are key features of this property?
This property features: Two‑family townhouse built in 1901; Owner’s duplex includes 3 bedrooms plus a walk‑in closet that can serve as a fourth bedroom; Separate first‑floor residence with 2 bedrooms and 2 bathrooms
