Brick Duplex with Detached
For Sale
$1,250,000
365 79th Street, Brooklyn, NY 11209
Residential, Duplex, Brooklyn, NY
Property Size1,320 SF
Lot Size0.05 Acres
Price / SF$946.97
Days on Market190
Property Features for 365 79th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4B
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Rooms
Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Garage - Detached
Interior features
Stove
Basement
Finished, Full
Subdivision
Bay Ridge
Standard status
Active
Size
1,320 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9139
Amenities
enclosed front porch
220V electric charger
laundry area
Building Details
Year built
1925
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
Metro Realty Professionals
Listed By:
Jian (Carey) Yang
(718) 838-2600
Added: Apr 20
Changed: Oct 20
Last Checked: Oct 26 at 10:06PM
MLS# 500670
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 1925 brick duplex contains 1,320 square feet and is arranged across two principal floors with a finished basement. The main level includes an enclosed front porch, living room, dining room, and partially updated kitchen. Three bedrooms and a full bathroom occupy the upper floor, while the lower level provides a family room, laundry area, two full bathrooms, and both front and rear access. Hardwood flooring, a flat roof, and a recently replaced water heater are also included.
The 0.0502-acre lot measures 20 x 109.33 and includes a detached garage accessed by a community driveway, plus two additional parking spaces. A 220V electric-vehicle charger is installed. The property is zoned R4B and is located near Brooklyn’s 86th Street business district, with restaurants, shopping, and multiple public transportation options nearby.
The 0.0502-acre lot measures 20 x 109.33 and includes a detached garage accessed by a community driveway, plus two additional parking spaces. A 220V electric-vehicle charger is installed. The property is zoned R4B and is located near Brooklyn’s 86th Street business district, with restaurants, shopping, and multiple public transportation options nearby.
Key Highlights
- Duplex with 1,320 square feet on a 0.0502‑acre lot
- Brick construction dating to 1925 with hardwood flooring and a flat roof
- Finished basement with family room, laundry area, front and rear entrances, and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,229
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,580
$924.6K
Cap Rate 7%
$660,414
$660.4K
Cap Rate 9%
$513,656
$513.7K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$67.3K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$66.0K $50.03/SF
− OpEx
−$19.8K −$15.01/SF
NOI
$46.2K $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%
$924,580
Cap Rate 7%
$660,414
Cap Rate 9%
$513,656
Alternative Uses
Best Use
Multifamily LT 5
$660.4K
$577.9K – $770.5K
NOI $46,229 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$575.7K
$503.7K – $671.6K
NOI $40,298 @ 7.0% cap · market cap 3.22%
Theoretical Best
Specialty Retail
$1.09M
$956.3K – $1.28M
NOI $76,507 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,002
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Three-level brick residential property with finished lower-level space, off-street parking, and an EV charging connection.
Where is this duplex located?
The property is located at 365 79th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Duplex with 1,320 square feet on a 0.0502‑acre lot; Brick construction dating to 1925 with hardwood flooring and a flat roof; Finished basement with family room, laundry area, front and rear entrances, and two full bathrooms
