Brick Duplex with Detached
For Sale
$1,455,000
4215 Bedford Avenue, Brooklyn, NY 11229
Residential, Brooklyn, NY
Property Size2,600 SF
Lot Size0.06 Acres
Price / SF$559.62
Days on Market95
Property Features for 4215 Bedford Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
8
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 4, Bathroom 4, Bedroom 8, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 6
Interior features
A/C Unit
Basement
Finished
Subdivision
Homecrest
Standard status
Active
Size
2,600 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
11799
Building Details
Number of units
2
Flooring type
Tile, Hardwood
Listing Agency:
New World Realty Group LLC
Listed By:
Stephanie Dong Chin
(718) 872-6300
Added: Jul 12
Changed: Oct 13
Last Checked: Oct 14 at 3:06PM
MLS# 502972
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 brick duplex contains 2,600 square feet within a 20' x 65' building. Each floor is configured with four bedrooms, while a full-length finished basement adds usable interior space. Hardwood and tile flooring, along with an A/C unit, are included. The property also has a shared driveway and a detached two-car garage.
The home occupies a 25' x 100' lot and carries R4 zoning. Its Bedford Avenue address is in Brooklyn’s 11229 ZIP code, with public transportation, schools, shopping, and restaurants identified nearby. The two-family layout provides separate residential levels within a single multifamily property.
The home occupies a 25' x 100' lot and carries R4 zoning. Its Bedford Avenue address is in Brooklyn’s 11229 ZIP code, with public transportation, schools, shopping, and restaurants identified nearby. The two-family layout provides separate residential levels within a single multifamily property.
Key Highlights
- Two‑family semi‑detached brick home with 2,600 square feet
- 20' x 65' building on a 25' x 100' lot
- Four bedrooms on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,056
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,821,120
$1.8M
Cap Rate 7%
$1,300,800
$1.3M
Cap Rate 9%
$1,011,733
$1.0M
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$132.6K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$130.1K $50.03/SF
− OpEx
−$39.0K −$15.01/SF
NOI
$91.1K $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 Rate 5%
$1,821,120
Cap Rate 7%
$1,300,800
Cap Rate 9%
$1,011,733
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $91,056 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$1.13M
$992.2K – $1.32M
NOI $79,375 @ 7.0% cap · market cap 5.46%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M
NOI $150,696 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,570
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
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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 - Two residential floors each offer four bedrooms, complemented by a finished basement and shared driveway.
Where is this duplex located?
The property is located at 4215 Bedford Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,455,000.
What are key features of this property?
This property features: Two‑family semi‑detached brick home with 2,600 square feet; 20' x 65' building on a 25' x 100' lot; Four bedrooms on each floor
