Corner Two-Family
50 Village Road Brooklyn, NY 11223
For Sale
$2,549,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,520 SF
Lot Size0.04 Acres
Price / SF$1,011
Days on Market49
Property Features for 50 Village Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 5, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 4
- Parking features
- Garage - Attached
- Interior features
- Central Air, Dishwasher, Dryer, Garage Door Opener(s), Refrigerator, Stove, Terrace, Washer
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,520 SF
- Lot size
- 0.04 Acres
Building Details
- Year built
- 1960
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Carpet, Hardwood, Ceramic
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency:
Esther Gindi
(917) 330-3418
Listed By:
Esther Gindi
(718) 376-3418
Added: Jun 8
Changed: Jul 12
Last Checked: Jul 26 at 8:06PM
MLS# 502077
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 corner two-family home offers four floors of living space with a duplex-style owner’s unit on the third and fourth floors. The owner’s layout includes four bedrooms, central A/C, and a master suite with a full bath. The residence also provides front and back porches, a large backyard, and a move-in-ready interior. An additional two-bedroom rentable unit is complemented by a basement, supporting flexible live-and-rent arrangements.
The property is located at 50 Village Road in Brooklyn, NY 11223, within Kings County. It is zoned R4, which may be relevant to purchasers and operators evaluating allowable residential use within the local framework.
For tenants, buyers, or owner-occupants looking for a true two-family setup, the combination of a spacious owner’s duplex and a separate two-bedroom unit can help accommodate multigenerational living or partial income while maintaining dedicated living quarters. The included outdoor amenities, porches, and central A/C are practical considerations for day-to-day comfort.
The property is located at 50 Village Road in Brooklyn, NY 11223, within Kings County. It is zoned R4, which may be relevant to purchasers and operators evaluating allowable residential use within the local framework.
For tenants, buyers, or owner-occupants looking for a true two-family setup, the combination of a spacious owner’s duplex and a separate two-bedroom unit can help accommodate multigenerational living or partial income while maintaining dedicated living quarters. The included outdoor amenities, porches, and central A/C are practical considerations for day-to-day comfort.
Key Highlights
- Two‑family home on 4 floors, with an owner’s unit on the 3rd and 4th floors
- Owner’s unit includes 4 bedrooms and a master suite with a full bath
- Separate 2‑bedroom rentable unit plus a basement
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 | $128.5k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $126.1k | $50.03 |
| − OpEx | −$37.8k | −$15.01 |
| NOI | $88.3k | $35.02 |
2,520 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Four-floor two-family with central A/C, a master suite, and a separate 2-bedroom rentable unit plus outdoor space.
Where is this duplex located?
The property is located at 50 Village Road 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: Two‑family home on 4 floors, with an owner’s unit on the 3rd and 4th floors; Owner’s unit includes 4 bedrooms and a master suite with a full bath; Separate 2‑bedroom rentable unit plus a basement
