Colonial Revival Duplex with
New
For Sale
$1,595,000
269 MARLBOROUGH Rd, Brooklyn, NY 11226
Legal two-family residence with historic detailing, separate living areas, and a landscaped private yard.
Property Size1,260 SF
Lot Size0.09 Acres
Price / SF$380.76
Days on Market2
Property Features for 269 MARLBOROUGH Rd
General Information
Standard status
Active
Size
1,260 SF
Lot size
0.09 Acres
Property subtype
Multi Family
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,364
Amenities
covered front porch
second-story terrace
rear garden
koi ponds
Building Details
Building Size
1,260 SF
Year Built
1920
Buildings
1
Stories
3
Units
2
Construction
Colonial Revival
Listed By:
Jerry Minsky · License #30MI0708058
(718) 942-6789
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:17AM
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 Jerry Minsky
Investment Insights
Based on property information with market context.
Built in 1920, this freestanding Colonial Revival duplex offers approximately 4,189 square feet across three above-grade floors, plus a finished basement. The legal two-family layout includes kitchens, living and dining areas, bedrooms, and bathrooms across its residential spaces. Stained glass, inlaid hardwood floors, pocket doors, original millwork, tin ceilings, and a detailed staircase preserve period features. A covered front porch, second-floor terrace, mature garden, stone paths, and koi ponds extend the living space outdoors. The approximately 50-by-75-foot lot also includes a private driveway.
The property is within the Beverley Square West Historic District in Brooklyn’s Ditmas Park area. Cortelyou Road’s cafes, restaurants, shops, and neighborhood services are nearby, as is the Beverley Road B/Q subway station. The residence is being sold as-is as part of an estate sale.
The property is within the Beverley Square West Historic District in Brooklyn’s Ditmas Park area. Cortelyou Road’s cafes, restaurants, shops, and neighborhood services are nearby, as is the Beverley Road B/Q subway station. The residence is being sold as-is as part of an estate sale.
Key Highlights
- Legal two‑family residence with approximately 4,189 square feet across three above‑grade floors
- Approximately 50‑by‑75‑foot lot with a private driveway
- 1920 construction with stained glass, inlaid hardwood floors, pocket doors, and original millwork
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,186
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,123,720
$2.1M
Cap Rate 7%
$1,516,943
$1.5M
Cap Rate 9%
$1,179,844
$1.2M
Market Conditions
NOI Build-Up for 4,189 SF
Gross rent
$158.3K $37.80/SF
− Vacancy
−$6.7K −$1.59/SF
EGI
$151.7K $36.21/SF
− OpEx
−$45.5K −$10.86/SF
NOI
$106.2K $25.35/SF
Area
ZIP 11226
Vacancy
4.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,123,720
Cap Rate 7%
$1,516,943
Cap Rate 9%
$1,179,844
Alternative Uses
Best Use
Multifamily LT 5
$1.52M
$1.33M – $1.77M
NOI $106,186 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$1.40M
$1.23M – $1.64M
NOI $98,204 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$2.07M
$1.81M – $2.42M
NOI $144,933 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,766
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
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 - Legal two-family residence with historic detailing, separate living areas, and a landscaped private yard.
Where is this duplex located?
The property is located at 269 MARLBOROUGH Rd Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Legal two‑family residence with approximately 4,189 square feet across three above‑grade floors; Approximately 50‑by‑75‑foot lot with a private driveway; 1920 construction with stained glass, inlaid hardwood floors, pocket doors, and original millwork
