Duplex with Private
New
For Sale
$838,000
5302 Avenue M, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size1,358 SF
Lot Size0.04 Acres
Price / SF$617.08
Days on Market1
Property Features for 5302 Avenue M
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Interior features
Central Air - Split, Dryer, Washer
Basement
Finished
Subdivision
Flatlands
Standard status
Active
Size
1,358 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
5586
Amenities
hardwood floors
custom kitchen
deck
covered outdoor area
expansive backyard
finished attic
finished basement
laundry area
Building Details
Year built
1920
Floors in Building
2
Flooring type
Tile, Hardwood
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Michelle J. Zhang
(718) 612-3088
Added: Oct 23
Last Checked: Oct 23 at 11:06PM
MLS# 505584
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 renovated duplex contains 1,358 square feet on a 0.0434-acre corner lot. Hardwood and tile flooring, split-system central air, and a kitchen with stone countertops and crafted cabinetry are among its interior features. The second floor has two bedrooms and an updated bathroom, while a finished attic adds usable space, storage, closets, and windows. The finished basement includes a full bathroom, laundry area, and additional storage. The home also has three bedrooms, according to the room information provided.
Outdoor features include a backyard, deck, covered area, white fencing, and private parking for multiple vehicles. Bus routes B41 and B46 serve the area, with parks, educational options, and shopping along Kings Highway nearby. The property is zoned R3-2 and was built in 1920.
Outdoor features include a backyard, deck, covered area, white fencing, and private parking for multiple vehicles. Bus routes B41 and B46 serve the area, with parks, educational options, and shopping along Kings Highway nearby. The property is zoned R3-2 and was built in 1920.
Key Highlights
- 1,358‑square‑foot duplex on a 0.0434‑acre corner lot
- Three bedrooms and two bathrooms, including a full basement bathroom
- Finished attic with storage, closets, and windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,559
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$951,180
$951.2K
Cap Rate 7%
$679,414
$679.4K
Cap Rate 9%
$528,433
$528.4K
Market Conditions
NOI Build-Up for 1,358 SF
Gross rent
$69.3K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$67.9K $50.03/SF
− OpEx
−$20.4K −$15.01/SF
NOI
$47.6K $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%
$951,180
Cap Rate 7%
$679,414
Cap Rate 9%
$528,433
Alternative Uses
Best Use
Multifamily LT 5
$679.4K
$594.5K – $792.7K
NOI $47,559 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$592.3K
$518.2K – $691.0K
NOI $41,458 @ 7.0% cap · market cap 4.95%
Theoretical Best
Specialty Retail
$1.12M
$983.9K – $1.31M
NOI $78,710 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,497
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 - A finished attic, basement laundry, and outdoor entertaining areas add flexibility to this three-bedroom corner property.
Where is this duplex located?
The property is located at 5302 Avenue M Brooklyn, NY.
What is the asking price?
The asking price for this property is $838,000.
What are key features of this property?
This property features: 1,358‑square‑foot duplex on a 0.0434‑acre corner lot; Three bedrooms and two bathrooms, including a full basement bathroom; Finished attic with storage, closets, and windows
