Corner Two-Family
For Sale
$2,549,000
50 Village Rd, Brooklyn, NY 11223
Duplex with a 4-bedroom owner unit (central A/C) and a 2-bedroom rental unit with basement and backyard.
Property Size2,520 SF
Days on Market129
Property Features for 50 Village Rd
General Information
Standard status
Active
Size
2,520 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Building Size
2,520 SF
Year Built
1960
Stories
3
Listing Agency:
Esther Gindi
Listed By:
Esther Gindi
(917) 330-3418
Source:
Elliman
Added: Jun 20
Changed: Oct 26
Last Checked: Oct 26 at 6:11PM
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 Esther Gindi
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This corner two-family residence offers four floors of living space with two separate configurations. The owner’s unit is a four-bedroom duplex spanning the third and fourth floors, featuring central A/C and a primary bedroom suite with a full bath. Additional living amenities include both a front and back porch, plus a large backyard for outdoor use. A second rentable unit provides two bedrooms and access to a basement, supporting flexible occupancy options.
The home is set up for in-town living with a high walk score and strong transit access, along with bikeability reflected in published BikeScore, WalkScore, and transitScore ratings.
For owner-occupants or investors, the layout supports combining personal use with rental income within the same property. The clear separation between the four-bedroom owner duplex and the two-bedroom rentable unit can make day-to-day living simpler while keeping the option to generate additional revenue. With move-in-ready condition noted, this is well suited for a buyer looking for an immediately usable two-family setup with outdoor space and central cooling in the owner’s unit.
The home is set up for in-town living with a high walk score and strong transit access, along with bikeability reflected in published BikeScore, WalkScore, and transitScore ratings.
For owner-occupants or investors, the layout supports combining personal use with rental income within the same property. The clear separation between the four-bedroom owner duplex and the two-bedroom rentable unit can make day-to-day living simpler while keeping the option to generate additional revenue. With move-in-ready condition noted, this is well suited for a buyer looking for an immediately usable two-family setup with outdoor space and central cooling in the owner’s unit.
Key Highlights
- Corner 2‑family duplex built in 1960 with 4 floors of living space
- Owner’s unit is a 4‑bedroom duplex on the 3rd and 4th floors with central A/C
- Owner’s unit includes a master suite with a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,255
Cap Rate
3.46%
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 3.46%
Second Best
Apartment 5plus
$1.10M
$961.7K – $1.28M
NOI $76,933 @ 7.0% cap · market cap 3.02%
Theoretical Best
Specialty Retail
$2.09M
$1.83M – $2.43M
NOI $146,059 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,655
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with a 4-bedroom owner unit (central A/C) and a 2-bedroom rental unit with basement and backyard.
Where is this duplex located?
The property is located at 50 Village Rd Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,549,000.
What are key features of this property?
This property features: Corner 2‑family duplex built in 1960 with 4 floors of living space; Owner’s unit is a 4‑bedroom duplex on the 3rd and 4th floors with central A/C; Owner’s unit includes a master suite with a full bath
