Two-Level Residential Income
For Sale
$1,199,000
695 6th Avenue 1D, Brooklyn, NY 11215
A duplex condominium pairs a full-size primary suite with a separate-entry lower level and building amenities.
Property Size1,253 SF
Price / SF$956.90
Days on Market11
Property Features for 695 6th Avenue 1D
General Information
Standard status
Active
Size
1,253 SF
Elevators
Yes
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$10,680
Amenities
fitness center
bike storage
roof deck
Building Details
Building Size
1,253 SF
Year Built
2017
Listing Agency:
Daniel Gale of Brooklyn LLC
Listed By:
Aroza Sanjana
(718) 638-6500
Source:
Miradorrealestate
Added: Oct 16
Changed: Oct 25
Last Checked: Oct 24 at 10:55PM
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 Daniel Gale of Brooklyn LLC
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Investment Insights
Based on property information with market context.
This 1,253-square-foot duplex condominium spans two levels in a 2017 elevator building. The 664-square-foot main floor has an open living and dining area, 10-foot ceilings, hardwood flooring, and a kitchen with custom cabinetry, Caesarstone counters, a Porcelanosa backsplash, and appliances by Bertazzoni, Liebherr, and Viking. The primary bedroom includes closet storage and an en-suite bath with heated flooring. Below, 589 square feet of windowed space contains a half bath, laundry, and a separate entrance. Zoned heating and cooling and recessed lighting serve the residence.
Building amenities include a fitness center with Peloton equipment, bicycle storage, and a furnished roof deck with grills. The 33-unit condominium also has an elevator and a two-story lobby. Sixth Avenue is close to Prospect Park, local cafes and restaurants, and the R train. Deeded parking is available for purchase.
Building amenities include a fitness center with Peloton equipment, bicycle storage, and a furnished roof deck with grills. The 33-unit condominium also has an elevator and a two-story lobby. Sixth Avenue is close to Prospect Park, local cafes and restaurants, and the R train. Deeded parking is available for purchase.
Key Highlights
- 1,253 square feet across two levels: 664 square feet above and 589 square feet below
- Windowed lower level has a separate entrance, half bath, laundry, and closet
- Primary bedroom with en‑suite bath featuring radiant heated floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,253
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,060
$765.1K
Cap Rate 7%
$546,471
$546.5K
Cap Rate 9%
$425,033
$425.0K
Market Conditions
NOI Build-Up for 1,253 SF
Gross rent
$71.0K $56.64/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$69.6K $55.51/SF
− OpEx
−$31.3K −$24.98/SF
NOI
$38.3K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,060
Cap Rate 7%
$546,471
Cap Rate 9%
$425,033
Alternative Uses
Best Use
Apartment 5plus
$546.5K
$478.2K – $637.6K
NOI $38,253 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$907.8K – $1.21M
NOI $72,624 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,630
Businesses Nearby
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Business Placement
Demographics for 11215, NY
67,493
Population
32,197
Households
2.1
Avg Household Size
37
Median Age
80%
College-Educated
96%
High-School Grad
2.2 sq mi
ZIP Area
30,679
Density / Sq Mi
$180,773
Median Household Income
$99,151
Median Earnings
$2,803
Median Rent
$1,674,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A duplex condominium pairs a full-size primary suite with a separate-entry lower level and building amenities.
Where is this residential income property located?
The property is located at 695 6th Avenue 1D Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 1,253 square feet across two levels: 664 square feet above and 589 square feet below; Windowed lower level has a separate entrance, half bath, laundry, and closet; Primary bedroom with en‑suite bath featuring radiant heated floors
