Duplex with Private
New
For Sale
$1,349,000
459 44th St, Brooklyn, NY 11220
Two residences offer separate three-bedroom and two-bedroom living spaces.
Property Size1,680 SF
Price / SF$802.98
Days on Market2
Property Features for 459 44th St
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,378
Amenities
private outdoor space
terrace
private backyard with gazebo
semi-finished basement with separate entrance
ductless mini-split units
electric tankless hot water
storage
skylight
Building Details
Building Size
1,680 SF
Year Built
1910
Stories
2
Listed By:
Osvaldo Garcia
(718) 612-3088
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 10 at 2:24AM
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 Osvaldo Garcia
Investment Insights
Based on property information with market context.
Located at 459 44th Street in Brooklyn, this two-family property contains approximately 1,680 square feet. The main residence has three bedrooms, a living room, dining area, kitchen, full bath, and terrace. A second residence includes two bedrooms, a living room, kitchen, and full bath. The property also has a semi-finished basement with its own entrance, eight ductless mini-split units for heating and cooling, and electric tankless hot water.
Outdoor features include a terrace, a backyard with a gazebo, and access between the two areas through glass doors. Built in 1910, the property is near Sunset Park, shopping, dining, and public transportation. Its walk score is 91, and its transit score is 89.
Outdoor features include a terrace, a backyard with a gazebo, and access between the two areas through glass doors. Built in 1910, the property is near Sunset Park, shopping, dining, and public transportation. Its walk score is 91, and its transit score is 89.
Key Highlights
- Two residences: a three‑bedroom main home and a separate two‑bedroom unit
- Approximately 1,680 square feet
- Eight ductless mini‑split units provide heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,021
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,420
$1.0M
Cap Rate 7%
$714,586
$714.6K
Cap Rate 9%
$555,789
$555.8K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$74.6K $44.40/SF
− Vacancy
−$3.1K −$1.86/SF
EGI
$71.5K $42.54/SF
− OpEx
−$21.4K −$12.76/SF
NOI
$50.0K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,000,420
Cap Rate 7%
$714,586
Cap Rate 9%
$555,789
Alternative Uses
Best Use
Multifamily LT 5
$714.6K
$625.3K – $833.7K
NOI $50,021 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$640.0K
$560.0K – $746.7K
NOI $44,800 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.09M
$953.0K – $1.27M
NOI $76,237 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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 residences offer separate three-bedroom and two-bedroom living spaces.
Where is this duplex located?
The property is located at 459 44th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Two residences: a three‑bedroom main home and a separate two‑bedroom unit; Approximately 1,680 square feet; Eight ductless mini‑split units provide heating and cooling
