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Two-Unit Duplex with Private Outdoor Space
New
For Sale
$1,349,000

459 44th Street, Brooklyn, NY 11220

Residential, Brooklyn, NY

Property Size1,680 SF
Lot Size0.04 Acres
Price / SF$802.98
Days on Market1

Property Features for 459 44th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 1
Patio and Porch features Patio
Interior features Central Air - Split, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove, Terrace
Basement Finished
Subdivision Sunset Park
Standard status Active
Size 1,680 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 4378

Amenities

terrace
private backyard
gazebo
semi-finished basement
skylight
ductless mini-split units
electric tankless hot water

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Flooring type Stone, Linoleum, Ceramic, Tile
Building materials Brick
Roof type Flat
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Evelyn Garcia
Added: Oct 7 Last Checked: Oct 7 at 1:06PM
MLS# 505124

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 brick duplex contains two residences within approximately 1,680 square feet. The primary residence has three bedrooms, a living room, dining area, kitchen, full bathroom, and terrace. Its glass doors connect the terrace to a private backyard with a gazebo. The second residence includes two bedrooms, a living room, kitchen, and full bathroom. A semi-finished basement has a separate entrance, and eight ductless mini-split units provide heating and cooling. Electric tankless hot water is also installed.

Built in 1910, the property sits on a 0.0383-acre lot in Brooklyn. Sunset Park is minutes away, with shopping, dining, public transportation, and neighborhood amenities nearby.

Key Highlights

  • Two residences: a three‑bedroom home and a two‑bedroom unit
  • Approximately 1,680 square feet on a 0.0383‑acre lot
  • Private terrace and backyard with gazebo

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 (±1% cap)
NOI $50,021 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$640.0K
$560.0K – $746.7K (±1% cap)
NOI $44,800 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.09M
$953.0K – $1.27M (±1% cap)
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

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,043
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Brick construction and a separate-entry basement complement the property's two-residence layout.
Where is this duplex located?
The property is located at 459 44th Street 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 home and a two‑bedroom unit; Approximately 1,680 square feet on a 0.0383‑acre lot; Private terrace and backyard with gazebo
More about this property
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