Duplex with Exterior Side
For Sale
$3,500,000
410 Stuyvesant Avenue, Brooklyn, NY 11233
MULTI_FAMILY - Brooklyn, NY
Property Size5,600 SF
Lot Size0.06 Acres
Price / SF$625
Days on Market31
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
Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 4, Bathroom 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, Hardwood, Parquet Wood
Roof type
Flat
Listing Agency:
MadisonEstates Sothebys Realty
Listed By:
Charles D'Alessandro · License #DAES9009
(718) 645-1665
Added: Aug 6
Changed: Aug 7
Last Checked: Sep 5 at 2:06AM
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 three-level duplex contains 5,600 square feet within a semi-detached townhouse configuration. The property includes six bedrooms and four bathrooms, with hardwood, parquet wood, and tile flooring throughout. A fireplace, original architectural features, and abundant natural light contribute to the interior character. Exterior side access adds a separate point of entry and practical circulation around the building. Built in 1899, the property sits on a 0.0574-acre lot and has a flat roof. R6B zoning supports its residential classification. The address is 410 Stuyvesant Avenue in Brooklyn, New York, within ZIP Code 11233.
Key Highlights
- 5,600‑square‑foot duplex arranged across three levels
- Six bedrooms and four bathrooms
- Semi‑detached design 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
Property Profile
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Three-level residential property with original architectural details, hardwood and parquet flooring, and a fireplace.
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 duplex arranged across three levels; Six bedrooms and four bathrooms; Semi‑detached design with exterior side access
