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Brick Duplex with Finished Basement
For Sale
$599,000

669 E 42nd Street, Brooklyn, NY 11203

Residential, Duplex, Brooklyn, NY

Property Size1,260 SF
Lot Size0.04 Acres
Price / SF$475.40
Days on Market145

Property Features for 669 E 42nd Street

General Information

Property type Residential
Property subtype Duplex
Zoning R4
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2
Patio and Porch features Patio, Porch
Interior features Laundry Area, Patio Garden, Porch, Refrigerator, Stove
Basement Finished
Subdivision East Flatbush
Standard status Active
Size 1,260 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 5489

Amenities

porch
private back yard

Building Details

Year built 1930
Floors in Building 2
Flooring type Parquet Wood, Tile
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: BO's Prime Realty
Listed By: Bozena Zgoda
Added: Jun 5 Changed: Oct 20 Last Checked: Oct 27 at 5:06AM
MLS# 502046

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 1,260-square-foot duplex in Brooklyn offers three bedrooms and two bathrooms across a practical residential layout. The property includes a finished basement, a recently updated bathroom, an enclosed porch, and a private backyard with patio garden. Brick construction, parquet wood and tile flooring, a flat roof, and an on-site laundry area add to the existing improvements. Kitchen appliances include a refrigerator and stove.

Built in 1930, the property occupies a 0.0413-acre lot at 669 E 42nd Street in Brooklyn, NY 11203. R4 zoning supports its residential classification. The interior arrangement includes separate bedrooms, bathrooms, and basement space, with outdoor areas provided by the porch, patio, and backyard.

Key Highlights

  • 1,260‑square‑foot duplex with 3 bedrooms and 2 bathrooms
  • Finished basement provides additional usable interior space
  • 0.0413‑acre lot at 669 E 42nd Street in Brooklyn

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,127
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,540 $882.5K
Cap Rate 7%
$630,386 $630.4K
Cap Rate 9%
$490,300 $490.3K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$64.3K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$63.0K $50.03/SF
− OpEx
−$18.9K −$15.01/SF
NOI
$44.1K $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 Rate 5%
$882,540
Cap Rate 7%
$630,386
Cap Rate 9%
$490,300

Alternative Uses

Best Use
Multifamily LT 5
$630.4K
$551.6K – $735.5K (±1% cap)
NOI $44,127 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$549.5K
$480.8K – $641.1K (±1% cap)
NOI $38,466 @ 7.0% cap · market cap 6.42%
Theoretical Best
Specialty Retail
$1.04M
$912.9K – $1.22M (±1% cap)
NOI $73,030 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

2,747
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
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 - Three-bedroom layout with two bathrooms, a porch, patio garden, and private backyard.
Where is this duplex located?
The property is located at 669 E 42nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,260‑square‑foot duplex with 3 bedrooms and 2 bathrooms; Finished basement provides additional usable interior space; 0.0413‑acre lot at 669 E 42nd Street in Brooklyn
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