Brick Two-Family
For Sale
$1,350,000
8668 16th Avenue, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size2,907 SF
Lot Size0.03 Acres
Price / SF$464.40
Days on Market8
Property Features for 8668 16th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 3
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Bensonhurst
Standard status
Active
Size
2,907 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
4309
Building Details
Year built
1901
Floors in Building
2
Flooring type
Tile
Building materials
Brick
Roof type
Flat
Buildings
1
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen
(917) 708-9966
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 26 at 9:06AM
MLS# 505460
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 1901 brick duplex contains two separate residences within a two-story building. The property measures 2,907 square feet on a 0.0298-acre lot and is zoned R5.
Located at 8668 16th Avenue in Brooklyn’s Bensonhurst neighborhood, the building has four bedrooms and three bathrooms. Interior features include a refrigerator, stove, and tile flooring; the roof is flat.
Located at 8668 16th Avenue in Brooklyn’s Bensonhurst neighborhood, the building has four bedrooms and three bathrooms. Interior features include a refrigerator, stove, and tile flooring; the roof is flat.
Key Highlights
- Two separate residences in a two‑family duplex
- 2,907‑square‑foot building on a 0.0298‑acre lot
- R5 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,288
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,760
$1.6M
Cap Rate 7%
$1,132,686
$1.1M
Cap Rate 9%
$880,978
$881.0K
Market Conditions
NOI Build-Up for 2,907 SF
Gross rent
$118.6K $40.80/SF
− Vacancy
−$5.3K −$1.84/SF
EGI
$113.3K $38.96/SF
− OpEx
−$34.0K −$11.69/SF
NOI
$79.3K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,760
Cap Rate 7%
$1,132,686
Cap Rate 9%
$880,978
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$991.1K – $1.32M
NOI $79,288 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$1.02M
$888.3K – $1.18M
NOI $71,060 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.70M
$1.48M – $1.98M
NOI $118,706 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,677
Businesses Nearby
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Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - Two separate residences occupy a two-story building in Brooklyn’s Bensonhurst neighborhood.
Where is this duplex located?
The property is located at 8668 16th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two separate residences in a two‑family duplex; 2,907‑square‑foot building on a 0.0298‑acre lot; R5 zoning
