4115 Manhattan Ave, Brooklyn, NY 11224
Solid brick duplex in a gated beachfront community with two two-bedroom units plus a full basement.
- Added:
- Jun 24, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 26 at 2:07 am
Property Features for 4115 Manhattan Ave
General Information
- Standard status
- Active
- Size
- 2,222 SF
- Lot size
- 0.07 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing office Womcore LLC dba Remax Edge (718) 612-3088
Listing date Jun 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Womcore LLC dba Remax Edge
HighLights
- Solid brick two‑family home built in 1910 within the gated beachfront community of Sea Gate
- Duplex offers two 2‑bedroom units for flexible owner‑occupant or income‑producing use
- Approx. 2,222 sq ft of living space on a 3,080 sq ft lot
- Each unit features a living room, formal dining area, functional kitchen, and two spacious bedrooms
- Parquet flooring in much of the home; full basement includes a 1/2 bath
- Efficient gas heating; near Coney Island beaches and boardwalk with strong walk/transit scores
Overview
The property is located within the exclusive gated beachfront community of Sea Gate in Brooklyn. The setting provides gated security and beach access, along with the benefits of coastal living. It is also positioned near Coney Island beaches and boardwalk, with convenient access to local shopping, dining, schools, and transportation.
For tenants, this configuration supports straightforward duplex living with separate two-bedroom spaces and shared building amenities. For buyers, the current two-unit layout and substantial basement footprint can support a variety of operating and personal-use scenarios, including owner-occupancy with an additional rental unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.3k | $51.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $111.2k | $50.03 |
| − OpEx | −$33.4k | −$15.01 |
| NOI | $77.8k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.009276
- Latitude
- 40.577192
