Brick Two-Family
For Sale
$1,499,000
904 Avenue C, Brooklyn, NY 11218
Residential, Brooklyn, NY
Property Size2,176 SF
Lot Size0.04 Acres
Price / SF$688.88
Days on Market97
Property Features for 904 Avenue C
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
3
Full bathrooms
1
Rooms
Bedroom 6, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
Kensington
Standard status
Active
Size
2,176 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6788
Building Details
Year built
1899
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
US National Real Estate Inc
Listed By:
Neimat Ullah
(718) 282-8200
Added: Jul 9
Changed: Oct 13
Last Checked: Oct 13 at 10:06PM
MLS# 502915
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.
Investment Insights
Based on property information with market context.
This semi-detached, all-brick duplex includes two residential units within a 2,176-square-foot townhouse. The layout provides six bedrooms and three bathrooms, with hardwood flooring, a flat roof, and a finished basement reached through its own entrance. Existing appliances include a refrigerator and stove. The property was built in 1899 and occupies a 0.0367-acre lot.
Located near Prospect Park, the property is also close to public transportation, dining, and shopping. Its R5 zoning and two-unit configuration define the asset’s current residential format, while the separate lower-level access adds functional flexibility within the building.
Located near Prospect Park, the property is also close to public transportation, dining, and shopping. Its R5 zoning and two-unit configuration define the asset’s current residential format, while the separate lower-level access adds functional flexibility within the building.
Key Highlights
- Two‑family townhouse with 2,176 square feet of building area
- Six bedrooms and three bathrooms across two residential units
- Finished basement with private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,207
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,140
$1.5M
Cap Rate 7%
$1,088,671
$1.1M
Cap Rate 9%
$846,744
$846.7K
Market Conditions
NOI Build-Up for 2,176 SF
Gross rent
$111.0K $51.00/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$108.9K $50.03/SF
− OpEx
−$32.7K −$15.01/SF
NOI
$76.2K $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%
$1,524,140
Cap Rate 7%
$1,088,671
Cap Rate 9%
$846,744
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$952.6K – $1.27M
NOI $76,207 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$949.0K
$830.4K – $1.11M
NOI $66,431 @ 7.0% cap · market cap 4.43%
Theoretical Best
Specialty Retail
$1.80M
$1.58M – $2.10M
NOI $126,121 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,392
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Semi-detached R5-zoned property with two residential units and a finished lower level with separate access.
Where is this duplex located?
The property is located at 904 Avenue C Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two‑family townhouse with 2,176 square feet of building area; Six bedrooms and three bathrooms across two residential units; Finished basement with private entrance
