Duplex with Lower-Level
For Sale
$1,798,000
3925 Lyme Avenue, Brooklyn, NY 11224
Residential, Brooklyn, NY
Property Size2,427 SF
Lot Size0.08 Acres
Price / SF$740.83
Days on Market47
Property Features for 3925 Lyme Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-1
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2
Parking features
Garage - Detached
Interior features
Central Air, Central Air - Split, Dishwasher, Garage Door Opener(s), Laundry Area, Refrigerator, Stove, Terrace, Washer
Basement
Full, Finished
Subdivision
Seagate
Standard status
Active
Size
2,427 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
8481
Amenities
exclusive beach access
outdoor kitchen
brick pizza oven
central air conditioning
radiant heated floors
MrSteam steam shower
gas fireplace
Fujitsu split systems
full laundry
custom walk-in pantry
Building Details
Number of units
2
Flooring type
Ceramic, Tile
Roof type
Asphalt
Listing Agency:
Compass Greater NY, LLC
Listed By:
Kurt Vikki · License #10401239518
(212) 913-9058
Added: Sep 17
Changed: Oct 28
Last Checked: Nov 2 at 6:06AM
MLS# 504637
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,427-square-foot duplex occupies a 0.0803-acre lot and includes a separate side entrance to a two-bedroom lower-level apartment. The apartment has central air conditioning, radiant-heated floors, and dedicated laundry. The main living area features a kitchen with Viking appliances, a double French-door wall oven, and a walk-in pantry, alongside a family room with a gas fireplace. The property also offers a steam shower, split-system heating and cooling, driveway parking, and a detached garage.
Outdoor amenities include a kitchen with double sinks and a Viking range, plus a brick pizza oven. The property is in Seagate, where residents have beach access. Express bus routes X28 and X38, along with the D, F, Q, and N subway lines, are identified as transit options. Zoning is R3-1.
Outdoor amenities include a kitchen with double sinks and a Viking range, plus a brick pizza oven. The property is in Seagate, where residents have beach access. Express bus routes X28 and X38, along with the D, F, Q, and N subway lines, are identified as transit options. Zoning is R3-1.
Key Highlights
- 2,427 square feet on a 0.0803‑acre lot
- Separate‑entry lower‑level apartment with two bedrooms, central air conditioning, radiant‑heated floors, and laundry
- Viking‑equipped kitchen with double French‑door wall oven and walk‑in pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,998
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,699,960
$1.7M
Cap Rate 7%
$1,214,257
$1.2M
Cap Rate 9%
$944,422
$944.4K
Market Conditions
NOI Build-Up for 2,427 SF
Gross rent
$123.8K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$121.4K $50.03/SF
− OpEx
−$36.4K −$15.01/SF
NOI
$85.0K $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%
$1,699,960
Cap Rate 7%
$1,214,257
Cap Rate 9%
$944,422
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.42M
NOI $84,998 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.06M
$926.2K – $1.23M
NOI $74,094 @ 7.0% cap · market cap 4.12%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.34M
NOI $140,669 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 11224, NY
46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate-entry two-bedroom residence has its own laundry, central air, and radiant-heated floors.
Where is this duplex located?
The property is located at 3925 Lyme Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,798,000.
What are key features of this property?
This property features: 2,427 square feet on a 0.0803‑acre lot; Separate‑entry lower‑level apartment with two bedrooms, central air conditioning, radiant‑heated floors, and laundry; Viking‑equipped kitchen with double French‑door wall oven and walk‑in pantry
