Semi-Detached Duplex with Side
For Sale
$3,500,000
410 Stuyvesant Avenue, Brooklyn, NY 11233
Residential, Brooklyn, NY
Property Size5,600 SF
Lot Size0.06 Acres
Price / SF$625
Days on Market47
Property Features for 410 Stuyvesant Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 3
Interior features
Fireplace
Fireplace
1
Basement
Full
Subdivision
Bedford Stuyvesant
Standard status
Active
Size
5,600 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8795
Building Details
Year built
1899
Floors in Building
3
Number of units
2
Flooring type
Tile, Parquet Wood, Hardwood
Roof type
Flat
Listing Agency:
MadisonEstates Sothebys Realty
Listed By:
Charles D'Alessandro · License #DAES9009
(718) 645-1665
Added: Aug 6
Changed: Sep 15
Last Checked: Sep 21 at 8:06PM
MLS# 503588
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.
Investment Insights
Based on property information with market context.
This semi-detached duplex at 410 Stuyvesant Avenue provides 5,600 square feet across three levels on a 0.0574-acre lot. The layout includes six bedrooms and four bathrooms, with exterior side access adding a practical circulation option. Interior features include a fireplace and a combination of hardwood, tile, and parquet wood flooring. Built in 1899, the property retains original architectural details and has a flat roof.
Located in Brooklyn’s Stuyvesant Heights, the residence sits among brownstones and limestones on a tree-lined, landmark-lined street. Neighborhood amenities include cafes, restaurants, boutiques, parks, and convenient transportation. R6B zoning supports the property’s multifamily classification, with the existing configuration offering flexibility for residential occupancy or income-producing use.
Located in Brooklyn’s Stuyvesant Heights, the residence sits among brownstones and limestones on a tree-lined, landmark-lined street. Neighborhood amenities include cafes, restaurants, boutiques, parks, and convenient transportation. R6B zoning supports the property’s multifamily classification, with the existing configuration offering flexibility for residential occupancy or income-producing use.
Key Highlights
- 5,600‑square‑foot semi‑detached duplex built in 1899
- Three‑level layout with 6 bedrooms and 4 bathrooms
- 0.0574‑acre lot with exterior side access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$196,122
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,922,440
$3.9M
Cap Rate 7%
$2,801,743
$2.8M
Cap Rate 9%
$2,179,133
$2.2M
Market Conditions
NOI Build-Up for 5,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$285.6K $51.00/SF
− Vacancy
−$5.4K −$0.97/SF
EGI
$280.2K $50.03/SF
− OpEx
−$84.1K −$15.01/SF
NOI
$196.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,922,440
Cap Rate 7%
$2,801,743
Cap Rate 9%
$2,179,133
Alternative Uses
Best Use
Multifamily LT 5
$2.80M
$2.45M – $3.27M
NOI $196,122 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$2.44M
$2.14M – $2.85M
NOI $170,962 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$4.64M
$4.06M – $5.41M
NOI $324,576 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,709
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Three-level residence with six bedrooms, four bathrooms, original details, and flexible multifamily functionality.
Where is this duplex located?
The property is located at 410 Stuyvesant Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 5,600‑square‑foot semi‑detached duplex built in 1899; Three‑level layout with 6 bedrooms and 4 bathrooms; 0.0574‑acre lot with exterior side access
