Duplex with Finished
New
For Sale
$1,199,000
519 E 79th Street, Brooklyn, NY 11236
Residential, Duplex - Up/Down, Brooklyn, NY
Property Size1,040 SF
Lot Size0.06 Acres
Price / SF$1,152
Days on Market2
Property Features for 519 E 79th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3
Interior features
A/C Unit - Wall, Central Air
Basement
Finished
Subdivision
Canarsie
Standard status
Active
Size
1,040 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
8139
Building Details
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Revived Residential
Listed By:
Austin Wong
(929) 379-3750
Added: Nov 2
Changed: Nov 3
Last Checked: Nov 3 at 10:06PM
MLS# 505774
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.
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Investment Insights
Based on property information with market context.
This duplex contains two apartments, each arranged with three bedrooms, for six bedrooms across the property. The home has been renovated and includes a finished basement, hardwood flooring, wall-unit A/C, and central air. A garage and private parking add on-site vehicle storage. The building measures 1,040 square feet and sits on a 28-by-100-foot lot.
The property is in Brooklyn near Ralph Avenue and Flatlands Avenue, with local shopping, supermarkets, restaurants, and daily services in the surrounding area. Nearby destinations include Wyckoff House Museum, Curtis Playground, Bildersee Playground, Canarsie Park, and Canarsie Pier. Bus routes, the L train at Canarsie–Rockaway Parkway, and the Belt Parkway provide transit and roadway connections.
The property is in Brooklyn near Ralph Avenue and Flatlands Avenue, with local shopping, supermarkets, restaurants, and daily services in the surrounding area. Nearby destinations include Wyckoff House Museum, Curtis Playground, Bildersee Playground, Canarsie Park, and Canarsie Pier. Bus routes, the L train at Canarsie–Rockaway Parkway, and the Belt Parkway provide transit and roadway connections.
Key Highlights
- Two‑apartment duplex with three bedrooms in each residence
- 1,040‑square‑foot building on a 28‑by‑100‑foot lot
- Finished basement, hardwood flooring, wall‑unit A/C, and central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,423
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,460
$728.5K
Cap Rate 7%
$520,329
$520.3K
Cap Rate 9%
$404,700
$404.7K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$53.0K $51.00/SF
− Vacancy
−$1.0K −$0.97/SF
EGI
$52.0K $50.03/SF
− OpEx
−$15.6K −$15.01/SF
NOI
$36.4K $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%
$728,460
Cap Rate 7%
$520,329
Cap Rate 9%
$404,700
Alternative Uses
Best Use
Multifamily LT 5
$520.3K
$455.3K – $607.1K
NOI $36,423 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$453.6K
$396.9K – $529.2K
NOI $31,750 @ 7.0% cap · market cap 2.65%
Theoretical Best
Specialty Retail
$861.1K
$753.5K – $1.00M
NOI $60,278 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,173
Businesses Nearby
Explore this area
Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom apartments create a six-bedroom layout, complemented by a finished basement and private parking.
Where is this duplex located?
The property is located at 519 E 79th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑apartment duplex with three bedrooms in each residence; 1,040‑square‑foot building on a 28‑by‑100‑foot lot; Finished basement, hardwood flooring, wall‑unit A/C, and central air
