Two-Family Duplex with Finished
For Sale
$1,399,000
809 Friel Place, Brooklyn, NY 11218
Residential, Brooklyn, NY
Property Size1,936 SF
Lot Size0.04 Acres
Price / SF$722.62
Days on Market140
Property Features for 809 Friel Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Interior features
Stove
Basement
Full, Finished
Subdivision
Flatbush
Standard status
Active
Size
1,936 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6745
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Susana Chen Chong
(917) 708-9966
Added: Jun 9
Changed: Oct 22
Last Checked: Oct 26 at 10:06PM
MLS# 502136
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 semi-detached two-family residence contains 1,936 square feet with five bedrooms, two full bathrooms, and a finished basement accessed through its own entrance. Brick construction, hardwood and tile flooring, a flat roof, and a stove are among the documented property features. Built in 1901, the home also includes recent mechanical updates.
The property occupies 0.0367 acres in Kensington, Brooklyn, within ZIP Code 11218. It is near Prospect Park and multiple subway lines, with the address at 809 Friel Place. R5 zoning is reported for the property.
The property occupies 0.0367 acres in Kensington, Brooklyn, within ZIP Code 11218. It is near Prospect Park and multiple subway lines, with the address at 809 Friel Place. R5 zoning is reported for the property.
Key Highlights
- Two‑family semi‑detached residence with 1,936 square feet
- Five bedrooms and two full bathrooms
- Finished basement with separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,802
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,356,040
$1.4M
Cap Rate 7%
$968,600
$968.6K
Cap Rate 9%
$753,356
$753.4K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$98.7K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$96.9K $50.03/SF
− OpEx
−$29.1K −$15.01/SF
NOI
$67.8K $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%
$1,356,040
Cap Rate 7%
$968,600
Cap Rate 9%
$753,356
Alternative Uses
Best Use
Multifamily LT 5
$968.6K
$847.5K – $1.13M
NOI $67,802 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$844.3K
$738.8K – $985.1K
NOI $59,104 @ 7.0% cap · market cap 4.22%
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.87M
NOI $112,211 @ 7.0% cap · market cap 8.02%
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
3,557
Businesses Nearby
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Business Placement
Demographics for 11218, NY
78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
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 - Finished basement includes a separate entrance and recent mechanical updates.
Where is this duplex located?
The property is located at 809 Friel Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two‑family semi‑detached residence with 1,936 square feet; Five bedrooms and two full bathrooms; Finished basement with separate entrance
