Two-Family Duplex with Roof
For Sale
$2,795,000
695 Quincy St, Brooklyn, NY 11221
A separate garden-level residence includes its own entrance, kitchen, laundry, and access to the backyard.
Property Size3,696 SF
Days on Market11
Property Features for 695 Quincy St
General Information
Standard status
Active
Size
3,696 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,890
Building Details
Building Size
3,696 SF
Year Built
1931
Buildings
1
Stories
3
Units
2
Construction
townhouse
Listing Agency:
Compass
Listed By:
Tali Berzak · License #10301209148
(917) 246-8581
Source:
Elliman
Added: Oct 1
Changed: Oct 10
Last Checked: Oct 9 at 10:23PM
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 Compass
Investment Insights
Based on property information with market context.
This two-family Brooklyn residence spans four stories and includes a finished cellar and roof terrace. The upper residence has an open living and dining area, a kitchen with a quartz island and Bosch appliances, and a private deck overlooking the garden. The second floor contains a primary suite and an additional room; three more bedrooms and two full bathrooms occupy the third floor. The garden-level unit has two bedrooms, two bathrooms, its own kitchen and laundry, a separate entrance, and backyard access. Additional features include multi-zone climate control and an integrated speaker system.
The property is at 695 Quincy Street in Brooklyn. Nearby transit includes the J, M, and C subway lines and the B52 and B46 buses. The source reports a Walk Score of 92 and a Transit Score of 98.
The property is at 695 Quincy Street in Brooklyn. Nearby transit includes the J, M, and C subway lines and the B52 and B46 buses. The source reports a Walk Score of 92 and a Transit Score of 98.
Key Highlights
- Two‑family residence with four stories and a finished cellar
- Garden‑level unit has 2 bedrooms, 2 bathrooms, a separate entrance, kitchen, and laundry
- Upper residence includes 4 bedrooms, an open living and dining area, and a private deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,440
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,588,800
$2.6M
Cap Rate 7%
$1,849,143
$1.8M
Cap Rate 9%
$1,438,222
$1.4M
Market Conditions
NOI Build-Up for 3,696 SF
Gross rent
$188.5K $51.00/SF
− Vacancy
−$3.6K −$0.97/SF
EGI
$184.9K $50.03/SF
− OpEx
−$55.5K −$15.01/SF
NOI
$129.4K $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%
$2,588,800
Cap Rate 7%
$1,849,143
Cap Rate 9%
$1,438,222
Alternative Uses
Best Use
Multifamily LT 5
$1.85M
$1.62M – $2.16M
NOI $129,440 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,835 @ 7.0% cap · market cap 4.04%
Theoretical Best
Specialty Retail
$3.06M
$2.68M – $3.57M
NOI $214,220 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,119
Businesses Nearby
Explore this area
Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A separate garden-level residence includes its own entrance, kitchen, laundry, and access to the backyard.
Where is this duplex located?
The property is located at 695 Quincy St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Two‑family residence with four stories and a finished cellar; Garden‑level unit has 2 bedrooms, 2 bathrooms, a separate entrance, kitchen, and laundry; Upper residence includes 4 bedrooms, an open living and dining area, and a private deck
