Brick Duplex With Attached
65 Paerdegat 2nd Street, Brooklyn, NY 11236
For Sale
$1,299,000
Residential, Brooklyn, NY
Property Size3,265 SF
Lot Size0.07 Acres
Price / SF$397.86
Days on Market54
Property Features for 65 Paerdegat 2nd Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Aaron J. Eagle · License NY #10301221282
(718) 763-4110
Added: Sep 23
Changed: Nov 11
Last Checked: Nov 15 at 3:06PM
MLS# 504709
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.
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Investment Insights
Based on property information with market context.
This semi-attached brick duplex contains 3,265 square feet on a 0.0712-acre lot and was built in 1965. The property includes a lower level with its own entrance, an attached garage, and parking for 3-4 cars. Interior features include wall A/C units, a dishwasher, in-home laundry equipment, a refrigerator, stove, microwave, hardwood, tile, and linoleum flooring, along with a terrace.
The property is zoned R5B and will not be delivered fully vacant. Its layout and separate lower-level access provide multiple areas within the residence, while the attached garage and on-site parking add practical functionality. The flat roof and brick-and-block construction are additional physical characteristics of the building.
The property is zoned R5B and will not be delivered fully vacant. Its layout and separate lower-level access provide multiple areas within the residence, while the attached garage and on-site parking add practical functionality. The flat roof and brick-and-block construction are additional physical characteristics of the building.
Key Highlights
- 3,265 square feet on a 0.0712‑acre lot
- Semi‑attached brick duplex built in 1965
- Lower level has a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,346
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,286,920
$2.3M
Cap Rate 7%
$1,633,514
$1.6M
Cap Rate 9%
$1,270,511
$1.3M
Market Conditions
NOI Build-Up for 3,265 SF
Gross rent
$166.5K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$163.4K $50.03/SF
− OpEx
−$49.0K −$15.01/SF
NOI
$114.3K $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 Rate 5%
$2,286,920
Cap Rate 7%
$1,633,514
Cap Rate 9%
$1,270,511
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.91M
NOI $114,346 @ 7.0% cap · market cap 8.80%
Second Best
Apartment 5plus
$1.42M
$1.25M – $1.66M
NOI $99,677 @ 7.0% cap · market cap 7.67%
Theoretical Best
Specialty Retail
$2.70M
$2.37M – $3.15M
NOI $189,239 @ 7.0% cap · market cap 14.57%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,646
Businesses Nearby
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Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached brick duplex with a separate lower-level entrance, on-site parking, and an attached garage.
Where is this duplex located?
The property is located at 65 Paerdegat 2nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 3,265 square feet on a 0.0712‑acre lot; Semi‑attached brick duplex built in 1965; Lower level has a separate entrance
