Brick Two-Unit
689 Howard Avenue, Brooklyn, NY 11212
For Sale
New
$840,000
Residential, Brooklyn, NY
Property Size2,200 SF
Lot Size0.06 Acres
Price / SF$381.82
Days on Market1
Property Features for 689 Howard Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
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:
Keller Williams Realty Empire
Listed By:
Jean Paul Israel
(718) 954-8400
Added: Nov 10
Last Checked: Nov 10 at 7:06PM
MLS# 505988
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 2,200-square-foot brick duplex contains two residences, each with three bedrooms and one full bathroom. Hardwood flooring, a flat roof, and a 0.0557-acre lot are among its recorded features. The property was built in 1930 and is zoned R6.
Both units are delivered vacant. The six-bedroom, two-bathroom configuration offers separate living areas within one residential property at 689 Howard Avenue in Brooklyn.
Both units are delivered vacant. The six-bedroom, two-bathroom configuration offers separate living areas within one residential property at 689 Howard Avenue in Brooklyn.
Key Highlights
- Two residences, each with 3 bedrooms and 1 full bathroom
- 2,200 square feet of building area
- Delivered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,048
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,960
$1.5M
Cap Rate 7%
$1,100,686
$1.1M
Cap Rate 9%
$856,089
$856.1K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$112.2K $51.00/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$110.1K $50.03/SF
− OpEx
−$33.0K −$15.01/SF
NOI
$77.0K $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%
$1,540,960
Cap Rate 7%
$1,100,686
Cap Rate 9%
$856,089
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$963.1K – $1.28M
NOI $77,048 @ 7.0% cap · market cap 9.17%
Second Best
Apartment 5plus
$959.5K
$839.6K – $1.12M
NOI $67,164 @ 7.0% cap · market cap 8.00%
Theoretical Best
Specialty Retail
$1.82M
$1.59M – $2.13M
NOI $127,512 @ 7.0% cap · market cap 15.18%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,646
Businesses Nearby
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Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
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Market
Average Price Trend$/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 - Vacant delivery gives the next owner flexibility to occupy or prepare both residences.
Where is this duplex located?
The property is located at 689 Howard Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 full bathroom; 2,200 square feet of building area; Delivered vacant
