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Duplex Residence with South-Facing Terrace
For Sale
$1,695,000

61 N HENRY Street GARDEN1, Brooklyn, NY 11222

Duplex condo with south-facing terrace featuring an outdoor kitchen and grill, plus an elevator entry into a spacious hall.

Property Size1,865 SF
Price / SF$908.85
Days on Market330

Property Features for 61 N HENRY Street GARDEN1

General Information

Standard status Active
Size 1,865 SF
Property subtype Duplex

Amenities

elevator
terrace
outdoor kitchen
in-unit washer and dryer

Building Details

Building Size 1,865 SF
Year Built 1920
Stories 2
Listing Agency: Serhant
Listed By: Raquel Lomonico
Source: Howardhannanyc
Added: Sep 8, 2025 Changed: Jul 30 Last Checked: Aug 2 at 12:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serhant

Investment Insights

Based on property information with market context.

GARDEN1 is a duplex residence spanning 1,865 SF with an elevator that opens directly into a generous entry hall, or a side staircase to the second floor. The entry level includes a custom closet for storage, a sleek custom kitchen with fully integrated appliances, and an open living and dining area that extends to the outdoors. The south-facing terrace offers an outdoor kitchen and grill.

Inside, rich oak flooring and natural oak cabinetry pair with radiant heated bathroom floors and custom built-ins throughout. A floating staircase connects both levels and functions as a built-in lightwell, bringing additional natural light through the home.

The lower level is arranged with a skylit bedroom via a walkable skylight, a windowed room suited for a home office or guest suite, and a media room with natural light, along with polished porcelain floors and a full bathroom. The home also includes an in-unit washer and dryer. Built in 1920, GARDEN1 is located at 61 N Henry Street, Brooklyn, NY 11222.

Key Highlights

  • Duplex residence spanning 1,865 SF
  • Elevator opens directly into a generous entry hall
  • South‑facing terrace with outdoor kitchen and grill

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 $95.1k $51.00
− Vacancy −$1.8k −$0.97
EGI $93.3k $50.03
− OpEx −$28.0k −$15.01
NOI $65.3k $35.02
1,865 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$933.1K
$816.4K – $1.09M (±1% cap)
NOI $65,315 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$813.4K
$711.7K – $949.0K (±1% cap)
NOI $56,937 @ 7.0% cap · market cap 3.36%
Theoretical Best
Specialty Retail
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $108,095 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Nursing Home Home Appliance Store (Bike/Boat/Book/etc) Store Adult Day Care Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

5,351
Businesses Nearby

Demographics for 11222, NY

41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
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 - Duplex condo with south-facing terrace featuring an outdoor kitchen and grill, plus an elevator entry into a spacious hall.
Where is this duplex located?
The property is located at 61 N HENRY Street GARDEN1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Duplex residence spanning 1,865 SF; Elevator opens directly into a generous entry hall; South‑facing terrace with outdoor kitchen and grill
More about this property
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