Renovated Two-Family
For Sale
$1,680,000
536 46th Street, Brooklyn, NY 11220
Residential, Brooklyn, NY
Property Size1,970 SF
Lot Size0.05 Acres
Price / SF$852.79
Days on Market186
Property Features for 536 46th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Sunset Park
Standard status
Active
Size
1,970 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7721
Building Details
Year built
1935
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Block, Masonry
Roof type
Flat
Listing Agency:
Re/Max Real Estate Professiona
(718) 872-5522
Listed By:
Huizhen (Rose) Li
(718) 758-5838
Added: Apr 8
Changed: Sep 15
Last Checked: Oct 10 at 7:06AM
MLS# 500322
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 renovated brick duplex contains two residential units, each with three bedrooms, separate heating equipment, and its own hot water boiler. The two-story building also includes a finished basement with an independent entrance. Interior features include hardwood and tile flooring, modern finishes, a refrigerator, and a stove. The structure measures 20 x 48 feet on a 20 x 100-foot lot and provides 1,970 square feet of property area. The property was built in 1935 and is zoned R6B.
Located in Brooklyn, the property is near restaurants, supermarkets, retail shops, and parks. Public transportation options include the R subway line and local bus service. The building's two-unit configuration and separate building systems support both residential occupancy and income-property use.
Located in Brooklyn, the property is near restaurants, supermarkets, retail shops, and parks. Public transportation options include the R subway line and local bus service. The building's two-unit configuration and separate building systems support both residential occupancy and income-property use.
Key Highlights
- Two‑family brick duplex with two three‑bedroom units
- 1,970 square feet on a 20 x 100‑foot lot
- Two‑story building with a full finished basement and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,656
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,173,120
$1.2M
Cap Rate 7%
$837,943
$837.9K
Cap Rate 9%
$651,733
$651.7K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$87.5K $44.40/SF
− Vacancy
−$3.7K −$1.86/SF
EGI
$83.8K $42.54/SF
− OpEx
−$25.1K −$12.76/SF
NOI
$58.7K $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 Rate 5%
$1,173,120
Cap Rate 7%
$837,943
Cap Rate 9%
$651,733
Alternative Uses
Best Use
Multifamily LT 5
$837.9K
$733.2K – $977.6K
NOI $58,656 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$750.5K
$656.7K – $875.6K
NOI $52,533 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,397 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6,043
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Brick residential income property with two three-bedroom units, finished lower level, separate systems, and R6B zoning.
Where is this duplex located?
The property is located at 536 46th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Two‑family brick duplex with two three‑bedroom units; 1,970 square feet on a 20 x 100‑foot lot; Two‑story building with a full finished basement and separate entrance
