Brick Two-Unit
New
For Sale
$1,089,000
727 Avenue X, Brooklyn, NY 11235
Residential, Duplex - Up/Down, Brooklyn, NY
Property Size1,704 SF
Lot Size0.05 Acres
Price / SF$639.08
Days on Market2
Property Features for 727 Avenue X
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Patio and Porch features
Porch, Patio, Deck
Interior features
A/C Unit, A/C Unit - Window, Deck, Dishwasher, Garage Door Opener(s), Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer, Window Treatments
Subdivision
Gravesend
Standard status
Active
Size
1,704 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8541
Building Details
Year built
1945
Floors in Building
1
Number of units
2
Flooring type
Laminate, Hardwood, Ceramic
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Buildings
1
Listing Agency:
Botton Realty Inc
Listed By:
Sarit Botton
(917) 804-3299
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 5 at 1:06PM
MLS# 505850
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 1,704-square-foot brick duplex contains two apartments arranged one above the other: a two-bedroom residence and a one-bedroom unit. The upper apartment has a custom kitchen and access to a patio, while the lower unit needs some work. A private driveway, enclosed yard and storage shed provide additional on-site features. The property was built in 1945 and sits on a 0.0488-acre lot; zoning is R4.
The Brooklyn property is near shopping, restaurants, schools and public transportation, including train service. Additional features include a washer, dishwasher, window air-conditioning units, and porch and deck areas.
The Brooklyn property is near shopping, restaurants, schools and public transportation, including train service. Additional features include a washer, dishwasher, window air-conditioning units, and porch and deck areas.
Key Highlights
- Two apartments: one with 2 bedrooms and one with 1 bedroom
- 1,704 square feet on a 0.0488‑acre lot; R4 zoning
- Brick construction; built in 1945
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,677
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,193,540
$1.2M
Cap Rate 7%
$852,529
$852.5K
Cap Rate 9%
$663,078
$663.1K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$86.9K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$85.3K $50.03/SF
− OpEx
−$25.6K −$15.01/SF
NOI
$59.7K $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%
$1,193,540
Cap Rate 7%
$852,529
Cap Rate 9%
$663,078
Alternative Uses
Best Use
Multifamily LT 5
$852.5K
$746.0K – $994.6K
NOI $59,677 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$743.2K
$650.3K – $867.0K
NOI $52,021 @ 7.0% cap · market cap 4.78%
Theoretical Best
Specialty Retail
$1.41M
$1.23M – $1.65M
NOI $98,764 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,411
Businesses Nearby
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Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant property combines separate two- and one-bedroom apartments with a private driveway and enclosed outdoor space.
Where is this duplex located?
The property is located at 727 Avenue X Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: Two apartments: one with 2 bedrooms and one with 1 bedroom; 1,704 square feet on a 0.0488‑acre lot; R4 zoning; Brick construction; built in 1945
