Two-Family Residence with Finished
64 Williams Avenue Brooklyn, NY 11207
For Sale
$910,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,632 SF
Lot Size0.03 Acres
Price / SF$557.60
Days on Market52
Property Features for 64 Williams Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6B
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Interior features
Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
1,632 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
8596
Building Details
Year built
1901
Floors in Building
3
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Rubber
Listing Agency:
Johnson Real Estate Group, Inc
(718) 209-7005
Listed By:
Nazir Islam
(718) 209-7005
Added: Jun 6
Changed: Jul 11
Last Checked: Jul 27 at 11:06AM
MLS# 502065
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 two-family residence offers a practical split layout with 3 bedrooms and 2 bathrooms, designed to support both owner-occupants and rental use. In addition to the main living levels, the home includes a full finished walk-in basement for flexible recreation, storage, or work-from-home space, as well as an additional cellar for further storage and utility. The property sits on a compact lot, with approximately 1,632 square feet of building area reported.
Located at 64 Williams Avenue in Brooklyn’s East New York area (Kings County), the home is described as being near local schools and public transportation. That combination can be useful for households balancing daily routines with commuting needs.
With two separate residential units and multiple levels of usable space, this property can fit buyers seeking a live-in-and-rent arrangement or investors looking for a straightforward two-family setup. The finished basement and cellar provide extra room beyond the primary units, supporting a range of tenant needs such as storage and additional indoor space.
Located at 64 Williams Avenue in Brooklyn’s East New York area (Kings County), the home is described as being near local schools and public transportation. That combination can be useful for households balancing daily routines with commuting needs.
With two separate residential units and multiple levels of usable space, this property can fit buyers seeking a live-in-and-rent arrangement or investors looking for a straightforward two-family setup. The finished basement and cellar provide extra room beyond the primary units, supporting a range of tenant needs such as storage and additional indoor space.
Key Highlights
- 3‑bedroom, 2‑family home with 2 bathrooms
- Approx. 1,632 SF building size with 1,400 SF lot
- Finished walk‑in basement plus an additional cellar for extra usable space
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 | $83.2k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $81.7k | $50.03 |
| − OpEx | −$24.5k | −$15.01 |
| NOI | $57.2k | $35.02 |
1,632 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$816.5K
$714.4K – $952.6K
NOI $57,155 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$711.8K
$622.8K – $830.4K
NOI $49,823 @ 7.0% cap · market cap 5.48%
Theoretical Best
Specialty Retail
$1.35M
$1.18M – $1.58M
NOI $94,591 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with finished walk-in basement and additional cellar space in Brooklyn, NY 11207.
Where is this duplex located?
The property is located at 64 Williams Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑family home with 2 bathrooms; Approx. 1,632 SF building size with 1,400 SF lot; Finished walk‑in basement plus an additional cellar for extra usable space
