Renovated Duplex
For Sale
$1,888,000
Pending
6816 19th Ave, Brooklyn, NY 11204
Two-family residence with updated interiors, finished basement space, and a detached rear garage.
Property Size4,080 SF
Days on Market52
Property Features for 6816 19th Ave
General Information
Standard status
Pending
Size
4,080 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,432
Building Details
Building Size
4,080 SF
Year Built
1925
Buildings
1
Stories
2
Listing Agency:
Momentum Real Estate LLC
Listed By:
Ronald Chui · License #10401361912
(718) 382-0001
Source:
Elliman
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 30 at 3:11PM
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 Momentum Real Estate LLC
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Investment Insights
Based on property information with market context.
This duplex at 6816 19th Ave features two residential units within a home built in 1925 and renovated within the past 5 years. The first-floor unit includes 2 bedrooms, 1 full bathroom, a combined living and dining area, and a kitchen. Upstairs, the second unit provides 3 bedrooms and 1 full bathroom.
A fully finished basement adds recreational and living space, with separate access points from the rear and side of the property. A 10-foot shared driveway extends to a detached garage at the rear. The property is in Bensonhurst, near shopping, restaurants, transportation, and schools. Walk Score is 95, Transit Score is 82, and Bike Score is 56.
A fully finished basement adds recreational and living space, with separate access points from the rear and side of the property. A 10-foot shared driveway extends to a detached garage at the rear. The property is in Bensonhurst, near shopping, restaurants, transportation, and schools. Walk Score is 95, Transit Score is 82, and Bike Score is 56.
Key Highlights
- Two‑family property at 6816 19th Ave, Brooklyn, NY 11204
- Renovated within the past 5 years
- First‑floor unit with 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,889
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,857,780
$2.9M
Cap Rate 7%
$2,041,271
$2.0M
Cap Rate 9%
$1,587,656
$1.6M
Market Conditions
NOI Build-Up for 4,080 SF
Gross rent
$208.1K $51.00/SF
− Vacancy
−$4.0K −$0.97/SF
EGI
$204.1K $50.03/SF
− OpEx
−$61.2K −$15.01/SF
NOI
$142.9K $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%
$2,857,780
Cap Rate 7%
$2,041,271
Cap Rate 9%
$1,587,656
Alternative Uses
Best Use
Multifamily LT 5
$2.04M
$1.79M – $2.38M
NOI $142,889 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$1.78M
$1.56M – $2.08M
NOI $124,558 @ 7.0% cap · market cap 6.60%
Theoretical Best
Specialty Retail
$3.38M
$2.96M – $3.94M
NOI $236,477 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,000
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with updated interiors, finished basement space, and a detached rear garage.
Where is this duplex located?
The property is located at 6816 19th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: Two‑family property at 6816 19th Ave, Brooklyn, NY 11204; Renovated within the past 5 years; First‑floor unit with 2 bedrooms and 1 full bathroom
