Back to Search
Brooklyn Legal Duplex with Flexibility

964 Hemlock Street Brooklyn, NY 11208

Claim this Listing
Pending
$899,000

MULTI_FAMILY - Brooklyn, NY

Property size:
2,537 SF
Lot size:
0.04 Acres
Added:
Mar 13, 2026
Days on Market:
120
Last Refresh:
Jul 10 at 10:06 pm

Property Features for 964 Hemlock Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Garage, Driveway
Interior features
First Floor Bedroom
Standard status
Pending
APN
04529-0117
Size
2,537 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6503

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
2005
Number of units
3
Building materials
Brick, Frame

Listing agent Davidson Joseph

Listing office Keller Williams Realty Greater 400 Garden City Plz Ste 438, Garden City, NY

Listing date Mar 13, 2026

MLS# 971541 Listing URL

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.

The property at 964 Hemlock St, Brooklyn, NY 11208, is a legal duplex featuring 6 bedrooms and 3 bathrooms within approximately 2,537 sq ft of living space. Situated on a lot of 0.0413 acres, this property offers flexibility for homeowners and investors. The layout can be configured as a 3-bedroom over 3-bedroom setup or a 3-bedroom over 2-bedroom plus 1-bedroom configuration. The home includes a garage and a private backyard. The spacious interior footprint allows for multiple living arrangements, accommodating multi-generational living, owner-occupancy with rental income, or full income generation. Located on a quiet residential street, the property is near local amenities, schools, parks, and transportation options. This legal duplex offers opportunities for customization and value addition in a desirable neighborhood.

Key Highlights

  • Legal duplex with flexible layout options: 3‑bedroom over 3‑bedroom or 3‑bedroom over 2‑bedroom + 1‑bedroom configuration
  • Approximately 2,537 sq ft of living space with 6 bedrooms and 3 bathrooms
  • Built in 2005 with brick and frame construction

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 $97.4k $38.40
− Vacancy −$4.4k −$1.73
EGI $93.0k $36.67
− OpEx −$27.9k −$11.00
NOI $65.1k $25.67
2,537 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$930.4K
$814.1K – $1.09M (±1% cap)
NOI $65,126 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$828.4K
$724.9K – $966.5K (±1% cap)
NOI $57,989 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,663 @ 7.0% cap · market cap 12.09%
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

Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Acupuncture Nursing Home Spa & Massage Center Bar & Pub Parking Lot & Garage

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

FAQs

What type of property is this?
Multifamily property - Versatile duplex in Brooklyn offering multiple layout configurations.
Where is this multifamily property located?
The property is located at 964 Hemlock Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Legal duplex with flexible layout options: 3‑bedroom over 3‑bedroom or 3‑bedroom over 2‑bedroom + 1‑bedroom configuration; Approximately 2,537 sq ft of living space with 6 bedrooms and 3 bathrooms; Built in 2005 with brick and frame construction
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message