Renovated Duplex With Finished
For Sale
$999,000
75 De Sales Place, Brooklyn, NY 11207
Residential, Brooklyn, NY
Property Size1,586 SF
Lot Size0.05 Acres
Price / SF$629.89
Days on Market427
Property Features for 75 De Sales Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bedroom 2
Interior features
Laundry Area, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Bushwick
Standard status
Active
Size
1,586 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2770
Amenities
backyard
finished basement
washer/dryer hookups
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Wood Frame
Roof type
Rubber, Flat
Listing Agency:
Exit All Seasons Realty
Listed By:
Roman Dziedzic · License #31DZ1174788
(718) 345-4545
Added: Jul 10, 2025
Changed: Sep 5
Last Checked: Sep 9 at 1:06AM
MLS# 494112
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 1,586-square-foot duplex, built in 1905 on a 0.0455-acre lot, contains two residential units. The first-floor apartment includes two bedrooms, one bathroom, and an open kitchen connected to living and dining areas. The upper unit provides three bedrooms, one bathroom, and combined living and dining space with an island kitchen. Both apartments have renovated kitchens and bathrooms, hardwood flooring, contemporary lighting, and large windows.
A full finished basement adds a private entrance, an additional bathroom, and washer and dryer hookups, while the boiler room contains new water boilers and separate heating systems. The property also includes a large backyard with room for gardening or outdoor gatherings. Located in Brooklyn, the residence is a short distance from the L Train and is zoned R6.
A full finished basement adds a private entrance, an additional bathroom, and washer and dryer hookups, while the boiler room contains new water boilers and separate heating systems. The property also includes a large backyard with room for gardening or outdoor gatherings. Located in Brooklyn, the residence is a short distance from the L Train and is zoned R6.
Key Highlights
- Two‑family duplex with 1,586 square feet of property size
- First‑floor unit has 2 bedrooms and 1 bathroom
- Second‑floor unit has 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,544
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,110,880
$1.1M
Cap Rate 7%
$793,486
$793.5K
Cap Rate 9%
$617,156
$617.2K
Market Conditions
NOI Build-Up for 1,586 SF
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.
Gross rent
$80.9K $51.00/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$79.3K $50.03/SF
− OpEx
−$23.8K −$15.01/SF
NOI
$55.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,110,880
Cap Rate 7%
$793,486
Cap Rate 9%
$617,156
Alternative Uses
Best Use
Multifamily LT 5
$793.5K
$694.3K – $925.7K
NOI $55,544 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$691.7K
$605.2K – $807.0K
NOI $48,419 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,925 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,473
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with updated interiors, private basement access, outdoor space, and convenient L Train connectivity.
Where is this duplex located?
The property is located at 75 De Sales Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑family duplex with 1,586 square feet of property size; First‑floor unit has 2 bedrooms and 1 bathroom; Second‑floor unit has 3 bedrooms and 1 bathroom
