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Detached Two-Family Residence with Patio

941 E 15th Street Brooklyn, NY 11230

New
941 E 15th Street, Brooklyn, NY, 11230
$1,169,000
For Sale
$1,169,000

MULTI_FAMILY - Brooklyn, NY

Property Size1,332 SF
Lot Size0.05 Acres
Price / SF$877.63
Days on Market3

Property Features for 941 E 15th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
4
Rooms
Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4
Interior features
A/C Unit, Central Air - Split, Dishwasher, Refrigerator, Stove, Washer
Basement
Finished, Full
Standard status
Active
Size
1,332 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
6960

Building Details

Year built
1899
Floors in Building
2
Flooring type
Ceramic, Hardwood
Building materials
Wood Frame
Listing Agency Real Broker NY LLC
7610 13th Ave, Brooklyn, NY
Listed by Ichok Landau
Added: Jul 16 Checked: Jul 18 at 2:06 pm
MLS# 503089 Listing URL

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.

Detached two-family home currently configured as a spacious single-family residence. The layout features a bright, windowed living and dining area leading to a modern kitchen with granite countertops, stainless steel appliances, dual sinks, and a dedicated dinette, plus a powder room. The home includes split-unit A/C systems in most rooms. Outside, there is a private patio for outdoor dining and entertaining.

The fully finished basement includes a separate entrance, a large family room, a full bath, and a laundry area. The property also has a private driveway. The home is described as move-in ready and is situated in Midwood, minutes from transportation, shopping, top-rated schools, and houses of worship.

Key Highlights

  • Detached two‑family home configured as a spacious single‑family residence
  • 5 bedrooms and 3.5 bathrooms with a bright living and dining area
  • Modern kitchen with granite countertops, stainless steel appliances, dual sinks, and a dedicated dinette

Local 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 $67.9k $51.00
− Vacancy −$1.3k −$0.97
EGI $66.6k $50.03
− OpEx −$20.0k −$15.01
NOI $46.6k $35.02
1,332 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$666.4K
$583.1K – $777.5K (±1% cap)
NOI $46,649 @ 7.0% cap · market cap 3.99%
Second Best
Apartment 5plus
$580.9K
$508.3K – $677.8K (±1% cap)
NOI $40,665 @ 7.0% cap · market cap 3.48%
Theoretical Best
Specialty Retail
$1.10M
$965.0K – $1.29M (±1% cap)
NOI $77,203 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Bar & Pub Auto Parts Store HVAC Service Spa & Massage Center Nursing Home Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Detached two-family home currently set up as a spacious single-family residence with private patio and fully finished basement.
Where is this duplex located?
The property is located at 941 E 15th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,169,000.
What are key features of this property?
This property features: Detached two‑family home configured as a spacious single‑family residence; 5 bedrooms and 3.5 bathrooms with a bright living and dining area; Modern kitchen with granite countertops, stainless steel appliances, dual sinks, and a dedicated dinette
Contact an agent
More about this property
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