Brick Duplex with
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
(347) 419-5268
Listed By:
Gabriel Kashi
(347) 419-5268
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.
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
NOI $72,425 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$901.9K
$789.2K – $1.05M
NOI $63,134 @ 7.0% cap · market cap 7.62%
Theoretical Best
Specialty Retail
$1.71M
$1.50M – $2.00M
NOI $119,861 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,753
Businesses Nearby
Explore this area
Business Placement
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
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