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Duplex With Gated Driveway
For Sale
$1,399,999

604A Kosciuszko Street, Brooklyn, NY 11221

MULTI_FAMILY - Brooklyn, NY

Property Size1,886 SF
Lot Size0.05 Acres
Price / SF$742.31
Days on Market51

Property Features for 604A Kosciuszko Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Interior features Laundry Area, Refrigerator, Stove
Basement Full, Finished
Subdivision Bedford Stuyvesant
Standard status Active
Size 1,886 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 7774

Amenities

private backyard
laundry area

Building Details

Year built 1993
Floors in Building 2
Number of units 2
Flooring type Carpet
Building materials Brick
Roof type Flat
Listing Agency: Exit All Seasons Realty
Listed By: Alisa M. Cumberbatch
Added: Jun 21 Changed: Aug 3 Last Checked: Aug 10 at 11:06AM
MLS# 502462

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 on a 0.0467-acre lot with a gated driveway and private backyard access.

The home spans 1,886 square feet and offers two levels of living space. The top floor features a two-bedroom layout with a living and dining area, kitchen with a pantry, full bath, and a main bedroom with two closets, along with access to the private backyard. The lower level provides two additional bedrooms and a bath, plus a laundry area and the boiler room.

Built in 1993, the property has a flat roof and includes interior features such as a laundry area, refrigerator, and stove. Zoned R6B.

Key Highlights

  • 1,886 SF brick duplex with two residential levels
  • 0.0467‑acre lot with gated driveway
  • Top floor: two‑bedroom layout with living and dining area, kitchen pantry, and full bath

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
$66,051
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
4.72%
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%
$1,321,020 $1.3M
Cap Rate 7%
$943,586 $943.6K
Cap Rate 9%
$733,900 $733.9K
Market Conditions
NOI Build-Up for 1,886 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
$96.2K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$94.4K $50.03/SF
− OpEx
−$28.3K −$15.01/SF
NOI
$66.1K $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 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%
$1,321,020
Cap Rate 7%
$943,586
Cap Rate 9%
$733,900

Alternative Uses

Best Use
Multifamily LT 5
$943.6K
$825.6K – $1.10M (±1% cap)
NOI $66,051 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$822.5K
$719.7K – $959.6K (±1% cap)
NOI $57,578 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,313 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Auto Parts Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,584
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick duplex with a gated driveway, private backyard access, and two residential levels in an R6B zoning district.
Where is this duplex located?
The property is located at 604A Kosciuszko Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 1,886 SF brick duplex with two residential levels; 0.0467‑acre lot with gated driveway; Top floor: two‑bedroom layout with living and dining area, kitchen pantry, and full bath
More about this property
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