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Brick Duplex with Garage
For Sale
$829,000

8530 Avenue B, Brooklyn, NY 11236

Two-family townhouse with separate living areas, private outdoor space, and flexible accommodations for extended households.

Days on Market12

Property Features for 8530 Avenue B

General Information

Standard status Active
Property subtype Residential Income

Building Details

Building Size 2,068 SF
Year Built 1950
Listing Agency: Keystone Realty USA Corp
Listed By: Gabriel Kashi
Source: Cohenandcohenrealty
Added: Jul 22 Changed: Jul 31 Last Checked: Aug 1 at 12:54PM

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 Keystone Realty USA Corp

Investment Insights

Based on property information with market context.

8530 Avenue B is a 22x47 brick two-family townhouse built in 1950, offering over 2,000 square feet of living space. The property includes a wide private driveway, indoor garage, separate living areas, and private outdoor space. The main floor features an open-concept living area, formal dining area, chef’s kitchen, two king-sized bedrooms with ample closet space, and a tiled bathroom with a soaking tub and rain shower.

The above-ground walk-in lower unit is configured as a one-bedroom, one-bath rental and can be converted to a two-bedroom unit. Located in East Flatbush near Ralph Avenue, Ditmas Avenue, and Remsen Avenue, the property is close to schools, shopping centers, restaurants, cafes, parks, and major transportation.

Key Highlights

  • 22x47 brick two‑family townhouse built in 1950
  • Over 2,000 sq ft of living space
  • Wide private driveway and indoor garage

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $105.5k $51.00
− Vacancy −$2.0k −$0.97
EGI $103.5k $50.03
− OpEx −$31.0k −$15.01
NOI $72.4k $35.02
2,068 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.03M
$905.3K – $1.21M (±1% cap)
NOI $72,425 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$901.9K
$789.2K – $1.05M (±1% cap)
NOI $63,134 @ 7.0% cap · market cap 7.62%
Theoretical Best
Specialty Retail
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,861 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,753
Businesses Nearby

Demographics for 11236, NY

100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family townhouse with separate living areas, private outdoor space, and flexible accommodations for extended households.
Where is this duplex located?
The property is located at 8530 Avenue B Brooklyn, NY.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: 22x47 brick two‑family townhouse built in 1950; Over 2,000 sq ft of living space; Wide private driveway and indoor garage
More about this property
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