House-Like Duplex
For Sale
$899,000
473 Bainbridge Street PARLOUR, Brooklyn, NY 11233
Flexible two-bedroom residence with private outdoor space, recreation area, and modern kitchen finishes.
Property Size1,470 SF
Price / SF$611.56
Days on Market21
Property Features for 473 Bainbridge Street PARLOUR
General Information
Standard status
Active
Size
1,470 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$5,484
Building Details
Building Size
1,470 SF
Year Built
2021
Listing Agency:
Compass
Listed By:
Amanda McAvena
(614) 364-2123
Source:
Carlinwright
Added: Sep 17
Changed: Oct 6
Last Checked: Oct 5 at 10:20PM
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 Compass
Investment Insights
Based on property information with market context.
This house-like duplex residence offers approximately 1,470 square feet with two bedrooms and 1.5 bathrooms. The main level combines living and dining areas beneath high ceilings, with oversized bay windows, wide-plank oak flooring, and an open kitchen equipped with stone countertops, stainless steel appliances, a Bertazzoni range, and a Fisher & Paykel double-drawer dishwasher and refrigerator. A custom coffee bar adds integrated storage and function.
The lower level includes a redesigned recreation room with direct access to private outdoor gardens. The space can support additional living, entertaining, or guest accommodations, subject to applicable requirements. Additional features include an in-unit washer and dryer, central heating and cooling, and a video intercom system. Built in 2021, the property is located at 473 Bainbridge Street in Brooklyn, near the C and J subway lines, grocery stores, pharmacies, restaurants, cafes, and Saratoga Park.
The lower level includes a redesigned recreation room with direct access to private outdoor gardens. The space can support additional living, entertaining, or guest accommodations, subject to applicable requirements. Additional features include an in-unit washer and dryer, central heating and cooling, and a video intercom system. Built in 2021, the property is located at 473 Bainbridge Street in Brooklyn, near the C and J subway lines, grocery stores, pharmacies, restaurants, cafes, and Saratoga Park.
Key Highlights
- Approximately 1,470 square feet with 2 bedrooms and 1.5 bathrooms
- Private backyard and outdoor gardens with direct access from the lower level
- Lower‑level recreation room suited to additional living or entertaining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,878
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,560
$897.6K
Cap Rate 7%
$641,114
$641.1K
Cap Rate 9%
$498,644
$498.6K
Market Conditions
NOI Build-Up for 1,470 SF
Gross rent
$83.3K $56.64/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$81.6K $55.51/SF
− OpEx
−$36.7K −$24.98/SF
NOI
$44.9K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,560
Cap Rate 7%
$641,114
Cap Rate 9%
$498,644
Alternative Uses
Best Use
Apartment 5plus
$641.1K
$561.0K – $748.0K
NOI $44,878 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,201 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Flexible two-bedroom residence with private outdoor space, recreation area, and modern kitchen finishes.
Where is this residential income property located?
The property is located at 473 Bainbridge Street PARLOUR Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 1,470 square feet with 2 bedrooms and 1.5 bathrooms; Private backyard and outdoor gardens with direct access from the lower level; Lower‑level recreation room suited to additional living or entertaining
