Brick Duplex with Separate Basement
For Sale
$5,000,000
921 45th St, Brooklyn, NY 11219
MULTI_FAMILY - Brooklyn, NY
Property Size6,000 SF
Lot Size0.06 Acres
Price / SF$833.33
Days on Market1011
Property Features for 921 45th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
10
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 4, Bedroom 8, Bedroom 5, Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 2, Bedroom 7, Bedroom 1, Bedroom 10, Bedroom 6, Bedroom 9, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3
Subdivision
Borough Park
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
15154
Utilities
Heating system
Steam, Natural Gas
Amenities
granite kitchen
stainless steel appliances
custom cabinetry
jacuzzi bathroom
balconies
hand-painted ceilings
crown moldings
hardwood floors
California closets
finished basement
Building Details
Floors in Building
4
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
REMAX REAL ESTATE PROFESSIONALS
(718) 887-5708
Listed By:
Vito Angelo · License #40AN0957928
(718) 887-5708
Added: Oct 31, 2023
Changed: Aug 5
Last Checked: Aug 6 at 4:06AM
MLS# 11391533
Copyright © 2026 My State 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.
This custom-built, solid brick semi-detached duplex is legal as a two-family home and built on a 26x100 lot. The layout is described as a five-level, four-story configuration, with an oversized custom home size of 4,760 SF and 6,000 SF including the basement. The property includes a full finished basement with a separate entrance, and there is also a two-car parking garage.
The home is currently configured as an owners triplex above a rental unit, with a 9-room, 5-bedroom, 3-bath arrangement over a 6-room, 3-bedroom rental unit, plus an additional 6-room basement area. Interior features listed include an eat-in granite kitchen with stainless steel appliances and custom cabinetry, a master suite with an en-suite jacuzzi bathroom, front and rear balconies, and tall hand-painted ceilings with crown molding. Flooring is identified as hardwood and parquet, and the roof is flat.
Heating is provided by steam and natural gas systems. Construction materials are brick, and the property is identified as R6 zoned.
The home is currently configured as an owners triplex above a rental unit, with a 9-room, 5-bedroom, 3-bath arrangement over a 6-room, 3-bedroom rental unit, plus an additional 6-room basement area. Interior features listed include an eat-in granite kitchen with stainless steel appliances and custom cabinetry, a master suite with an en-suite jacuzzi bathroom, front and rear balconies, and tall hand-painted ceilings with crown molding. Flooring is identified as hardwood and parquet, and the roof is flat.
Heating is provided by steam and natural gas systems. Construction materials are brick, and the property is identified as R6 zoned.
Key Highlights
- Legal two‑family duplex, R6 zoned, semi‑detached solid brick construction
- 4,760 SF custom house size, 6,000 SF including basement
- 26x100 lot size with full finished basement and separate entrance
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 | $259.2k | $43.20 |
| − Vacancy | −$11.7k | −$1.94 |
| EGI | $247.5k | $41.26 |
| − OpEx | −$74.3k | −$12.38 |
| NOI | $173.3k | $28.88 |
6,000 SF · lease $43.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.48M
$2.17M – $2.89M
NOI $173,275 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$2.22M
$1.94M – $2.59M
NOI $155,541 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$3.89M
$3.40M – $4.54M
NOI $272,275 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,877
Businesses Nearby
Explore this area
Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
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 - Legal two-family R6 zoned semi-detached brick duplex with a full finished basement and separate entrance.
Where is this duplex located?
The property is located at 921 45th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Legal two‑family duplex, R6 zoned, semi‑detached solid brick construction; 4,760 SF custom house size, 6,000 SF including basement; 26x100 lot size with full finished basement and separate entrance
