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    Well-Kept Duplex Residence with Parking Title is generated by Realmo AI

    690A Lexington Avenue, Brooklyn, NY 11221

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    Claim this Listing
    For Sale
    $1,300,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,820 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $460/SF
    Added:
    Feb 24, 2026
    Days on Market:
    106
    Last Refresh:
    Jun 10 at 3:06 pm

    Property Features for 690A Lexington Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R6B
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Interior features
    Refrigerator, Stove
    Basement
    Finished, Full
    Standard status
    Active
    Size
    2,820 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8300

    Building Details

    Year built
    2002
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Hardwood
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Bao Yan (Serena) Ma

    Listing agent Bao Yan (Serena) Ma

    Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

    Listing date Feb 24, 2026

    MLS# 499136 Listing URL

    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.

    HighLights

    • Well‑kept 2‑family brick residence built in 2002 on a 20x100 lot
    • 20x47 building size with a community driveway providing parking for 2 cars
    • Duplex unit layout: 3 bedrooms and 2 3/4 baths
    • Second apartment: 2 bedrooms and 1 full bath
    • Interior features include refrigerator and stove
    • Tile and hardwood flooring with a flat roof

    Overview

    This well-kept two-family brick residence features a duplex-style configuration with two separate units. The first apartment offers three bedrooms and two and three-quarter baths, while the second apartment provides two bedrooms and one full bath. A community driveway provides parking for two cars.

    Located in Brooklyn, NY 11221 and identified for R6B zoning, the property sits on a 20-by-100 lot with a building size of 20-by-47, supporting a straightforward, income-ready arrangement.

    For homeowners or investors seeking a manageable two-unit property, the split bedroom and bath counts create practical options for different household needs. The on-site parking for two cars adds day-to-day convenience, and the durable brick exterior supports a solid long-term use profile in a residential income setting.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $143.8k $51.00
    − Vacancy −$2.7k −$0.97
    EGI $141.1k $50.03
    − OpEx −$42.3k −$15.01
    NOI $98.8k $35.02
    2,820 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.41M
    $1.23M – $1.65M (±1% cap)
    NOI $98,761 @ 7.0% cap · market cap 7.60%
    Second Best
    Apartment 5plus
    $1.23M
    $1.08M – $1.43M (±1% cap)
    NOI $86,092 @ 7.0% cap · market cap 6.62%
    Theoretical Best
    Specialty Retail
    $2.33M
    $2.04M – $2.72M (±1% cap)
    NOI $163,447 @ 7.0% cap · market cap 12.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.931961
    Latitude
    40.689623

    FAQs

    What type of property is this?
    Duplex - Two-family brick home offers flexible layout with driveway parking and separate apartments in Brooklyn under R6B zoning.
    Where is this duplex located?
    The property is located at 690A Lexington Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Well‑kept 2‑family brick residence built in 2002 on a 20x100 lot; 20x47 building size with a community driveway providing parking for 2 cars; Duplex unit layout: 3 bedrooms and 2 3/4 baths
    More about this property
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