Two-Family Duplex with Finished
New
For Sale
$929,000
467 Atkins Avenue, Brooklyn, NY 11208
Residential, Brooklyn, NY
Property Size1,702 SF
Lot Size0.05 Acres
Price / SF$545.83
Days on Market3
Property Features for 467 Atkins Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
East New York
Standard status
Active
Size
1,702 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2802
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Laminate
Building materials
Block
Roof type
Flat
Listing Agency:
Exit All Seasons Realty
Listed By:
Adebanjo Anthony Olatunji
(718) 345-4545
Added: Oct 3
Changed: Oct 5
Last Checked: Oct 5 at 6:06PM
MLS# 505047
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 two-family duplex contains 1,702 square feet across two apartments: a three-bedroom unit on the second floor and a two-bedroom unit on the first. A finished basement adds further usable interior space. The building dates to 1920 and sits on a 0.0459-acre lot in Brooklyn, with R5 zoning.
Interior features include a refrigerator and stove, laminate flooring, block construction, and a flat roof. The two-apartment configuration and finished lower level define the property’s principal physical features.
Interior features include a refrigerator and stove, laminate flooring, block construction, and a flat roof. The two-apartment configuration and finished lower level define the property’s principal physical features.
Key Highlights
- Two‑family property with 3‑bedroom and 2‑bedroom apartments
- 1,702 square feet of building area
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,691
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,820
$873.8K
Cap Rate 7%
$624,157
$624.2K
Cap Rate 9%
$485,456
$485.5K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$65.4K $38.40/SF
− Vacancy
−$2.9K −$1.73/SF
EGI
$62.4K $36.67/SF
− OpEx
−$18.7K −$11.00/SF
NOI
$43.7K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,820
Cap Rate 7%
$624,157
Cap Rate 9%
$485,456
Alternative Uses
Best Use
Multifamily LT 5
$624.2K
$546.1K – $728.2K
NOI $43,691 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$555.8K
$486.3K – $648.4K
NOI $38,903 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$1.04M
$911.2K – $1.21M
NOI $72,899 @ 7.0% cap · market cap 7.85%
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
1,964
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
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 separate apartments provide distinct three-bedroom and two-bedroom layouts, with additional finished basement space.
Where is this duplex located?
The property is located at 467 Atkins Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: Two‑family property with 3‑bedroom and 2‑bedroom apartments; 1,702 square feet of building area; Finished basement
