5516 Tilden Ave, Brooklyn, NY 11203
Multi-Unit (2-4) - Brooklyn, NY
- Added:
- Jun 17, 2026
- Days on Market:
- 15
- Last Refresh:
- Jul 1 at 10:06 pm
Property Features for 5516 Tilden Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 100
- Parking features
- Garage
- Standard status
- Active
- APN
- 16-000.000-4740-007.000
- Size
- 1,925 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Year built
- 1940
- Year renovated
- 1940
- Architectural style
- Other
Listing agent Neil Dolgin (718) 388-2331
Listing office KALMON DOLGIN AFFILIATES INC 101 RICHARDSON ST, BROOKLYN, NY (718) 388-7700
Listing date Jun 17, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Brick two‑family built in 1940 with Class B1 durable masonry construction
- Owner‑occupied with a built‑in garage and potential for income from the second unit
- One‑car built‑in garage
Overview
The home is located at 5516 Tilden Ave in Brooklyn, NY 11203, in East Flatbush. The listing is framed as a straightforward acquisition for buyers seeking an income-capable structure without relying on non-masonry construction.
For tenants and buyers, the configuration supports a live-in approach: the owner can occupy one unit while the second unit remains available to help offset housing costs through rental income. The brick construction is specifically highlighted as a key attribute in the offering, and the built-in garage adds day-to-day utility for a wide range of household needs. This is a compact residential income property with a total size reported at 1,925 square feet and a lot size of 0.05 acres.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $98.2k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $96.3k | $50.03 |
| − OpEx | −$28.9k | −$15.01 |
| NOI | $67.4k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.924594
- Latitude
- 40.648297
