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Brick Duplex With Two-Car Garage
For Sale
$1,788,000

6659 Colonial Road, Brooklyn, NY 11220

Residential, Brooklyn, NY

Property Size2,160 SF
Lot Size0.05 Acres
Price / SF$827.78
Days on Market184

Property Features for 6659 Colonial Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3-2
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 7, Bedroom 5, Bathroom 2, Bedroom 1
Parking features Garage
Interior features Laundry Area, Refrigerator, Stove
Basement Finished
Subdivision Bay Ridge
Standard status Active
Size 2,160 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 9985

Amenities

laundry area

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Flooring type Hardwood, Tile
Building materials Brick
Roof type Flat
Listing Agency: BRP Associates Inc
Listed By: Jean Paul Ho
Added: Apr 26 Changed: Oct 25 Last Checked: Oct 26 at 9:06PM
MLS# 500882

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.

Rey
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Investment Insights

Based on property information with market context.

This 1930 brick duplex contains 2,160 square feet and is arranged as 3-bedroom over 3-bedroom residences. The main floor includes a living room, formal dining room, and eat-in kitchen, while oversized windows, parquet floors, hardwood, tile, classic moldings, and high ceilings define the interior. A finished basement adds a full bathroom, laundry area, windows, and separate entrances. The property also includes a refrigerator, stove, flat roof, and a built-in two-car garage.

The building measures 18.33 feet by 60 feet on a 23.75-foot by 100-foot lot and is zoned R3-2. The home overlooks Owl's Head Park and has waterfront views toward the Atlantic Ocean and the NYC skyline in winter. Its location provides access to the Belt Parkway, shopping, dining, transportation options, and Manhattan.

Key Highlights

  • Fully vacant 1930 brick duplex with 2,160 square feet
  • 3‑bedroom over 3‑bedroom configuration
  • Finished basement with full bathroom, laundry area, windows, and separate entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,313
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,260 $1.3M
Cap Rate 7%
$918,757 $918.8K
Cap Rate 9%
$714,589 $714.6K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$95.9K $44.40/SF
− Vacancy
−$4.0K −$1.86/SF
EGI
$91.9K $42.54/SF
− OpEx
−$27.6K −$12.76/SF
NOI
$64.3K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,286,260
Cap Rate 7%
$918,757
Cap Rate 9%
$714,589

Alternative Uses

Best Use
Multifamily LT 5
$918.8K
$803.9K – $1.07M (±1% cap)
NOI $64,313 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$822.9K
$720.0K – $960.0K (±1% cap)
NOI $57,600 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M (±1% cap)
NOI $98,019 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,396
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Fully vacant brick residence with finished basement, separate entrances, and two-zone heating.
Where is this duplex located?
The property is located at 6659 Colonial Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: Fully vacant 1930 brick duplex with 2,160 square feet; 3‑bedroom over 3‑bedroom configuration; Finished basement with full bathroom, laundry area, windows, and separate entrances
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