Brick Two-Family
For Sale
$849,999
5215 Avenue H, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size1,724 SF
Lot Size0.05 Acres
Price / SF$493.04
Days on Market114
Property Features for 5215 Avenue H
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1
Interior features
Refrigerator, Stove
Subdivision
Flatlands
Standard status
Active
Size
1,724 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6839
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Buildings
1
Listing Agency:
Excell Choice Realty
Listed By:
Jeloni Cunningham
(718) 705-4646
Added: Jul 5
Changed: Oct 24
Last Checked: Oct 26 at 6:06PM
MLS# 502797
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.
Located at 5215 Avenue H in Brooklyn, this 1,724-square-foot brick duplex was built in 1950 and contains four bedrooms and two bathrooms. The upper level includes two bedrooms, one bathroom, and a front patio, while the lower level adds two bedrooms, one bathroom, and a living room. Hardwood flooring, abundant windows, a refrigerator, and a stove are included. The property does not have a basement.
Outdoor features include a private driveway and backyard space. The 0.047-acre parcel is within the R4 zoning designation and is identified in Brooklyn, NY 11234.
Outdoor features include a private driveway and backyard space. The 0.047-acre parcel is within the R4 zoning designation and is identified in Brooklyn, NY 11234.
Key Highlights
- 1,724‑square‑foot brick duplex built in 1950
- Four bedrooms and two bathrooms across two living levels
- Upper level includes a front patio; lower level includes a living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,377
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,540
$1.2M
Cap Rate 7%
$862,529
$862.5K
Cap Rate 9%
$670,856
$670.9K
Market Conditions
NOI Build-Up for 1,724 SF
Gross rent
$87.9K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$86.3K $50.03/SF
− OpEx
−$25.9K −$15.01/SF
NOI
$60.4K $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%
$1,207,540
Cap Rate 7%
$862,529
Cap Rate 9%
$670,856
Alternative Uses
Best Use
Multifamily LT 5
$862.5K
$754.7K – $1.01M
NOI $60,377 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$751.9K
$657.9K – $877.2K
NOI $52,632 @ 7.0% cap · market cap 6.19%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $99,923 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,164
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - Upper and lower living levels each offer two bedrooms and one bathroom, with private outdoor space and driveway parking.
Where is this duplex located?
The property is located at 5215 Avenue H Brooklyn, NY.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: 1,724‑square‑foot brick duplex built in 1950; Four bedrooms and two bathrooms across two living levels; Upper level includes a front patio; lower level includes a living room
