Raised Single-Family Home with
47 Gotham Avenue Brooklyn, NY 11229
47 Gotham Avenue, Brooklyn, NY, 11229
$669,000
For Sale
$669,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,732 SF
Lot Size0.04 Acres
Price / SF$386.26
Days on Market14
Property Features for 47 Gotham Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
- Interior features
- Dishwasher, Laundry Area, Refrigerator, Stove, Window Treatments
- Basement
- Crawl Space
- Standard status
- Active
- Size
- 1,732 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5415
Building Details
- Year built
- 1930
- Flooring type
- Hardwood, Laminate
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Tracey Real Estate
(718) 376-4994
3619 Ave S, Brooklyn, NY
Listed by
Robert Tracey · License #TRART8436
(718) 376-4994
Added: Jul 6 Checked: Jul 19 at 3:06 am
MLS# 502795
Listing URL
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 raised single-family home features five bedrooms and two bathrooms, with a configuration that includes an oversized living room and an extra-large eat-in kitchen on the first floor. The home has been freshly painted and offers new hardwood floors throughout the first level, along with ample closet space. The second floor includes a den/laundry room, two additional bedrooms, and a 3/4 bath, with new laminate flooring.
The property also includes owned solar electric that comes with the home (not leased). Additional updates noted in the listing include new windows, a new boiler/water heater, and a new concrete sidewalk. Because the home is fully raised, there is over 1,000 square feet of storage underneath, suited for items such as bicycles and lawn furniture.
Zoned R4, the listing notes proximity to shipping and transportation.
The property also includes owned solar electric that comes with the home (not leased). Additional updates noted in the listing include new windows, a new boiler/water heater, and a new concrete sidewalk. Because the home is fully raised, there is over 1,000 square feet of storage underneath, suited for items such as bicycles and lawn furniture.
Zoned R4, the listing notes proximity to shipping and transportation.
Key Highlights
- Freshly painted 5‑bedroom, 2‑bath fully raised home with solar electric owned (not leased)
- First floor features new hardwood floors, oversized living room, and an extra‑large eat‑in kitchen
- Second floor includes a den/laundry area, two bedrooms, 3/4 bath, and new laminate flooring
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.3k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $86.7k | $50.03 |
| − OpEx | −$26.0k | −$15.01 |
| NOI | $60.7k | $35.02 |
1,732 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$866.5K
$758.2K – $1.01M
NOI $60,658 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$755.4K
$661.0K – $881.3K
NOI $52,876 @ 7.0% cap · market cap 7.90%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,387 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Freshly painted raised home with owned solar, five bedrooms, two bathrooms, and updated floors and mechanicals.
Where is this duplex located?
The property is located at 47 Gotham Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Freshly painted 5‑bedroom, 2‑bath fully raised home with solar electric owned (not leased); First floor features new hardwood floors, oversized living room, and an extra‑large eat‑in kitchen; Second floor includes a den/laundry area, two bedrooms, 3/4 bath, and new laminate flooring
