Semi-Detached Duplex with
For Sale
$1,680,000
480 84th Street, Brooklyn, NY 11209
Residential, Brooklyn, NY
Property Size2,520 SF
Lot Size0.06 Acres
Price / SF$666.67
Days on Market667
Property Features for 480 84th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
7
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bathroom 2
Interior features
Stove
Basement
Full, Finished
Subdivision
Bay Ridge
Standard status
Active
Size
2,520 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
11769
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Tile
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Dec 14, 2024
Changed: Oct 10
Last Checked: Oct 12 at 12:06AM
MLS# 488072
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 semi-detached duplex contains 2,520 square feet on a 0.0643-acre lot. The property includes two residential floors, a finished basement, a private driveway, tile flooring, a flat roof, and a stove. The first floor has four bedrooms, while the second floor has three bedrooms. Built in 1925, the building will be delivered vacant.
The lot measures 28 x 100 feet, and the building measures 20 x 60 feet. The property is located at 480 84th Street in Brooklyn, near transportation, shopping, schools, and parks. Zoning is R4-1, and the building has a commercial overlay.
The lot measures 28 x 100 feet, and the building measures 20 x 60 feet. The property is located at 480 84th Street in Brooklyn, near transportation, shopping, schools, and parks. Zoning is R4-1, and the building has a commercial overlay.
Key Highlights
- Two‑family semi‑detached duplex with 2,520 square feet
- 0.0643‑acre lot measuring 28 x 100 feet
- 20 x 60‑foot building with a finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,255
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,765,100
$1.8M
Cap Rate 7%
$1,260,786
$1.3M
Cap Rate 9%
$980,611
$980.6K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$128.5K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$126.1K $50.03/SF
− OpEx
−$37.8K −$15.01/SF
NOI
$88.3K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,765,100
Cap Rate 7%
$1,260,786
Cap Rate 9%
$980,611
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,255 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$1.10M
$961.7K – $1.28M
NOI $76,933 @ 7.0% cap · market cap 4.58%
Theoretical Best
Specialty Retail
$2.09M
$1.83M – $2.43M
NOI $146,059 @ 7.0% cap · market cap 8.69%
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
4,763
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
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-family residential property with a finished basement, vacant delivery, and an R4-1 zoning designation.
Where is this duplex located?
The property is located at 480 84th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Two‑family semi‑detached duplex with 2,520 square feet; 0.0643‑acre lot measuring 28 x 100 feet; 20 x 60‑foot building with a finished basement
