Two-Family Duplex with Private
4201 Seagate Avenue, Brooklyn, NY 11224
For Sale
$1,400,000
Pending
Separate residences offer four- and six-bedroom layouts, with a full basement and in-unit laundry in one unit.
Property Size2,958 SF
Lot Size0.11 Acres
Days on Market25
Property Features for 4201 Seagate Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Road Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private beach club
pool
bar
cabanas
24/7 manned security
2
true
4
10
false
4800
48x100
0.11
On Street
2958
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
The Othman Realty Group Ltd.
Listed By:
Ramee Othman
Source:
Matiasrealestatenyc
Added: Oct 16
Changed: Nov 9
Last Checked: Nov 8 at 5:24PM
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 The Othman Realty Group Ltd.
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Investment Insights
Based on property information with market context.
This detached legal two-family property contains 2,958 square feet on a 48-by-100-foot lot. One residence has four bedrooms and two bathrooms, plus hardwood floors, high ceilings, a full basement and in-unit laundry. The second is a six-bedroom, two-bath duplex. A private four-car driveway serves the property, and the home was built in 1925.
The property is within Sea Gate, a gated waterfront community with a private beach club, pool, bar and cabanas. The community also has a staffed security checkpoint, recreational areas and playgrounds. D, F, N and Q subway service, buses, ferry service, shopping, dining and schools are among the listed nearby amenities.
The property is within Sea Gate, a gated waterfront community with a private beach club, pool, bar and cabanas. The community also has a staffed security checkpoint, recreational areas and playgrounds. D, F, N and Q subway service, buses, ferry service, shopping, dining and schools are among the listed nearby amenities.
Key Highlights
- Detached legal two‑family property with 2,958 square feet
- 48‑by‑100‑foot lot
- Four‑bedroom, two‑bath residence with full basement and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,594
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,071,880
$2.1M
Cap Rate 7%
$1,479,914
$1.5M
Cap Rate 9%
$1,151,044
$1.2M
Market Conditions
NOI Build-Up for 2,958 SF
Gross rent
$150.9K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$148.0K $50.03/SF
− OpEx
−$44.4K −$15.01/SF
NOI
$103.6K $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%
$2,071,880
Cap Rate 7%
$1,479,914
Cap Rate 9%
$1,151,044
Alternative Uses
Best Use
Multifamily LT 5
$1.48M
$1.29M – $1.73M
NOI $103,594 @ 7.0% cap · market cap 7.40%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,305 @ 7.0% cap · market cap 6.45%
Theoretical Best
Specialty Retail
$2.45M
$2.14M – $2.86M
NOI $171,446 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
510
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
$512,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences offer four- and six-bedroom layouts, with a full basement and in-unit laundry in one unit.
Where is this duplex located?
The property is located at 4201 Seagate Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Detached legal two‑family property with 2,958 square feet; 48‑by‑100‑foot lot; Four‑bedroom, two‑bath residence with full basement and in‑unit laundry
