Two-Family Townhouse with Development
4807 Fort Hamilton Parkway Brooklyn, NY 11219
4807 Fort Hamilton Parkway, Brooklyn, NY, 11219
$1,999,000
For Sale
$1,999,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,300 SF
Lot Size0.05 Acres
Price / SF$605.76
Days on Market22
Property Features for 4807 Fort Hamilton Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 2, Basement, Bedroom 3, Bathroom 1, Dining Room, Bedroom 5
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Formal Dining
- Exterior features
- Balcony
- Basement
- Finished, Full, Walk-Out Access
- Standard status
- Active
- APN
- 05632-0041
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 23546
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1899
- Number of units
- 2
- Flooring type
- Combination
- Building materials
- Stone
Listing agency
Keller Williams Landmark II
(347) 846-1200
Listed by
George Herrera
(718) 968-5538
Added: Jul 1 Updated: Jul 19 at 4:15PM Checked: Jul 22 at 4:06AM
MLS# 1021044
Copyright © 2026 OneKey MLS. 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 attached stone townhouse is configured as a two-family home with three levels plus a walkout basement. The property includes 3,300 interior square feet of existing space, and both units are currently vacant and in need of TLC. The building sits on a 20' x 55' footprint, giving buyers the opportunity to renovate and reimagine the layout for their preferred tenant mix or owner-occupied setup.
Located in Borough Park, the home is described as being convenient to transportation and neighborhood shopping. The D train to Manhattan and downtown Brooklyn is noted as approximately two blocks away, and restaurants, markets, and other amenities are within a few blocks. Schools are also reported to be only a few blocks away, and Prospect Park is listed as about one mile.
From a development standpoint, the property is stated to be zoned R6, with potential to add up to an additional 1,750 interior square feet and a fourth level, subject to approvals. For buyers or builders looking for a renovation and expansion project, this can be a straightforward option within a familiar, transit-accessible Brooklyn setting.
Located in Borough Park, the home is described as being convenient to transportation and neighborhood shopping. The D train to Manhattan and downtown Brooklyn is noted as approximately two blocks away, and restaurants, markets, and other amenities are within a few blocks. Schools are also reported to be only a few blocks away, and Prospect Park is listed as about one mile.
From a development standpoint, the property is stated to be zoned R6, with potential to add up to an additional 1,750 interior square feet and a fourth level, subject to approvals. For buyers or builders looking for a renovation and expansion project, this can be a straightforward option within a familiar, transit-accessible Brooklyn setting.
Key Highlights
- Solid attached stone townhouse built in 1899 with 3 levels plus a walkout basement
- Two‑family home with 3,300 interior SF total; both units are vacant and need TLC
- R6 zoning allows an additional 1,750 interior SF and a fourth level (20' x 55' building)
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 | $142.6k | $43.20 |
| − Vacancy | −$6.4k | −$1.94 |
| EGI | $136.1k | $41.26 |
| − OpEx | −$40.8k | −$12.38 |
| NOI | $95.3k | $28.88 |
3,300 SF · lease $43.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.59M
NOI $95,301 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,547 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,751 @ 7.0% cap · market cap 7.49%
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 - Vacant two-family attached stone townhouse with walkout basement and R6 zoning that may support an added fourth level.
Where is this duplex located?
The property is located at 4807 Fort Hamilton Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Solid attached stone townhouse built in 1899 with 3 levels plus a walkout basement; Two‑family home with 3,300 interior SF total; both units are vacant and need TLC; R6 zoning allows an additional 1,750 interior SF and a fourth level (20' x 55' building)
