Duplex Property with Full
For Sale
$1,550,000
328 19th Street, Brooklyn, NY 11215
Residential, Brooklyn, NY
Property Size1,800 SF
Lot Size0.04 Acres
Price / SF$861.11
Days on Market49
Property Features for 328 19th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Basement
Full
Subdivision
Greenwood Heights
Standard status
Active
Size
1,800 SF
Lot size
0.04 Acres
Building Details
Year built
1920
Floors in Building
2
Flooring type
Laminate, Hardwood
Building materials
Wood Frame
Roof type
Rubber, Shingle, Flat
Listing Agency:
Bellmarc
Listed By:
Ali Tom
(718) 768-4500
Added: Sep 8
Changed: Oct 20
Last Checked: Oct 26 at 2:06AM
MLS# 504362
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.
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Investment Insights
Based on property information with market context.
This two-story townhouse contains approximately 1,800 square feet and is arranged as two residential apartments: a one-bedroom, one-bath garden unit and a three-bedroom, one-bath second-floor unit. A full unfinished basement has high ceilings, interior access, and entry points from both the front and rear of the property. Wood-frame construction, hardwood and laminate flooring, and a 1920 build date add to the existing physical profile.
The property occupies a 16.25 x 100' lot with a 16.25 x 45' building footprint at 328 19th Street in Brooklyn’s Greenwood/South Slope area. R6B zoning is identified, with the source noting potential expansion through an extension or additional level. Nearby destinations and transportation options include Greenwood Cemetery, Prospect Park, the 15th Street F/G station, and the Prospect Avenue R train.
The property occupies a 16.25 x 100' lot with a 16.25 x 45' building footprint at 328 19th Street in Brooklyn’s Greenwood/South Slope area. R6B zoning is identified, with the source noting potential expansion through an extension or additional level. Nearby destinations and transportation options include Greenwood Cemetery, Prospect Park, the 15th Street F/G station, and the Prospect Avenue R train.
Key Highlights
- Two‑unit layout with a 1BR/1BA garden apartment and a 3BR/1BA second‑floor apartment
- Full unfinished basement with high ceilings and front, rear, and interior access
- 16.25 x 100' lot with a 16.25 x 45' building footprint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,039
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,780
$1.3M
Cap Rate 7%
$900,557
$900.6K
Cap Rate 9%
$700,433
$700.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$91.8K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$90.1K $50.03/SF
− OpEx
−$27.0K −$15.01/SF
NOI
$63.0K $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%
$1,260,780
Cap Rate 7%
$900,557
Cap Rate 9%
$700,433
Alternative Uses
Best Use
Multifamily LT 5
$900.6K
$788.0K – $1.05M
NOI $63,039 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$785.0K
$686.9K – $915.9K
NOI $54,952 @ 7.0% cap · market cap 3.55%
Theoretical Best
Specialty Retail
$1.49M
$1.30M – $1.74M
NOI $104,328 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,768
Businesses Nearby
Explore this area
Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Current layout includes a garden apartment and a second-floor apartment under R6B zoning.
Where is this duplex located?
The property is located at 328 19th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two‑unit layout with a 1BR/1BA garden apartment and a 3BR/1BA second‑floor apartment; Full unfinished basement with high ceilings and front, rear, and interior access; 16.25 x 100' lot with a 16.25 x 45' building footprint
