Well-Kept Duplex Residence with
690A Lexington Avenue Brooklyn, NY 11221
690A Lexington Avenue, Brooklyn, NY, 11221
$1,300,000
For Sale
$1,300,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,820 SF
Lot Size0.05 Acres
Price / SF$460.99
Days on Market146
Property Features for 690A Lexington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
- 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
Listing Agency
Tiger Realty
(917) 708-9966
1484 86th Street, Brooklyn, NY
Listed by
Bao Yan (Serena) Ma
(917) 708-9966
Added: Feb 24 Checked: Jul 20 at 7:06 am
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Well‑kept 2‑family brick residence with a 20 x 47 building size on a 20 x 100 lot
- Community driveway parking for 2 cars
- Duplex unit offers 3 bedrooms and 2 3/4 baths
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
NOI $98,761 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$1.23M
$1.08M – $1.43M
NOI $86,092 @ 7.0% cap · market cap 6.62%
Theoretical Best
Specialty Retail
$2.33M
$2.04M – $2.72M
NOI $163,447 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
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 with a 20 x 47 building size on a 20 x 100 lot; Community driveway parking for 2 cars; Duplex unit offers 3 bedrooms and 2 3/4 baths
