Brick Two-Family
8530 Avenue B Brooklyn, NY 11236
New
For Sale
$829,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$414.50
Days on Market3
Property Features for 8530 Avenue B
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Rooms
- Dining Room, Basement
- Parking features
- Driveway, Garage
- Interior features
- First Floor Bedroom, First Floor Full Bath, Chefs Kitchen, Formal Dining, Walk Through Kitchen
- Basement
- Walk-Out Access
- Standard status
- Active
- APN
- 07908-0046
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6158
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Steam
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Brick
Listing Agency:
Keystone Realty USA Corp
(631) 261-2800
Listed By:
Gabriel Kashi
(347) 419-5268
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# 1029277
Copyright © 2026 OneKey MLS. 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.
Exception two-family townhouse built of brick measures 22x47, offering more than 2,000 square feet of living space. The home includes a wide private driveway and an indoor garage. Inside, the main floor features an expansive open-concept living area, a formal dining area, and a chef’s kitchen. The upper portion also includes two large bedrooms described as king-sized, along with a spacious fully tiled bathroom offering a soaking tub and a rain shower.
The above-ground walk-in lower unit is configured as a large 1-bedroom, 1-bath rental. The layout is described as having the ability to be easily converted into a fully functional 2-bedroom unit.
The property is presented as a flexible, move-in-ready two-family with separate living areas designed to support extended-family living, with a convenient East Flatbush setting close to major transportation and local amenities including schools, shopping, dining, cafes, and parks.
The above-ground walk-in lower unit is configured as a large 1-bedroom, 1-bath rental. The layout is described as having the ability to be easily converted into a fully functional 2-bedroom unit.
The property is presented as a flexible, move-in-ready two-family with separate living areas designed to support extended-family living, with a convenient East Flatbush setting close to major transportation and local amenities including schools, shopping, dining, cafes, and parks.
Key Highlights
- Brick 2‑family townhouse built in 1950 on Avenue B in East Flatbush
- Spans over 2,000 sq ft of living space with separate living areas for multi‑generational use
- Main level includes a chefs kitchen, formal dining, walk‑through kitchen, plus first‑floor bedroom and first‑floor full bath
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 | $102.0k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $100.1k | $50.03 |
| − OpEx | −$30.0k | −$15.01 |
| NOI | $70.0k | $35.02 |
2,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.00M
$875.5K – $1.17M
NOI $70,043 @ 7.0% cap · market cap 8.45%
Second Best
Apartment 5plus
$872.3K
$763.2K – $1.02M
NOI $61,058 @ 7.0% cap · market cap 7.37%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $115,920 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Brick two-family townhouse with a private driveway and indoor garage, plus main- and lower-level living space.
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: Brick 2‑family townhouse built in 1950 on Avenue B in East Flatbush; Spans over 2,000 sq ft of living space with separate living areas for multi‑generational use; Main level includes a chefs kitchen, formal dining, walk‑through kitchen, plus first‑floor bedroom and first‑floor full bath
