Brick Duplex with Finished
For Sale
$1,880,000
527 49th Street, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property Size4,875 SF
Lot Size0.06 Acres
Price / SF$385.64
Days on Market234
Property Features for 527 49th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Sunset Park
Standard status
Active
Size
4,875 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
14205
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency:
E House Realty & Mgt. Inc.
(718) 680-2776
Listed By:
Shu Yan (Helen) Lin · License #SYL5656
(718) 680-2776
Added: Dec 22, 2025
Changed: Aug 3
Last Checked: Aug 13 at 11:06AM
MLS# 497965
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.
Brick duplex at 527 49th Street on a 20x100 lot with zoning R6B. The property includes a 25x65 building and was built in 1905. Each unit features three bedrooms and one full bath.
Interior finishes include hardwood and tile floors, with kitchen appliances including a refrigerator and stove. The first floor provides access to a backyard for outdoor use. A finished basement adds additional functional space, including high ceilings and ample storage, plus a separate exit to the street and the backyard.
With its brick construction, two residential units, and practical basement layout with exterior access, the property offers an owner an all-in-one configuration that supports both everyday living space and outdoor use.
Interior finishes include hardwood and tile floors, with kitchen appliances including a refrigerator and stove. The first floor provides access to a backyard for outdoor use. A finished basement adds additional functional space, including high ceilings and ample storage, plus a separate exit to the street and the backyard.
With its brick construction, two residential units, and practical basement layout with exterior access, the property offers an owner an all-in-one configuration that supports both everyday living space and outdoor use.
Key Highlights
- Brick duplex at 527 49th Street
- Zoned R6B
- Lot size 20x100 and building size 25x65
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$145,151
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,903,020
$2.9M
Cap Rate 7%
$2,073,586
$2.1M
Cap Rate 9%
$1,612,789
$1.6M
Market Conditions
NOI Build-Up for 4,875 SF
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.
Gross rent
$216.5K $44.40/SF
− Vacancy
−$9.1K −$1.86/SF
EGI
$207.4K $42.54/SF
− OpEx
−$62.2K −$12.76/SF
NOI
$145.2K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,903,020
Cap Rate 7%
$2,073,586
Cap Rate 9%
$1,612,789
Alternative Uses
Best Use
Multifamily LT 5
$2.07M
$1.81M – $2.42M
NOI $145,151 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$1.86M
$1.63M – $2.17M
NOI $130,000 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$3.16M
$2.77M – $3.69M
NOI $221,224 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,917
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex on a 20x100 lot with zoning R6B, featuring three-bedroom units, hardwood and tile floors, and a finished basement.
Where is this duplex located?
The property is located at 527 49th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: Brick duplex at 527 49th Street; Zoned R6B; Lot size 20x100 and building size 25x65
