Luxury Waterfront Two-Family
1 Opal Court Brooklyn, NY 11229
MULTI_FAMILY - Brooklyn, NY
Property size:
3,380 SFLot size:
0.11 AcresPrice / SF:
$556/SF- Added:
- Jul 1, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 10 at 1:06 pm
Property Features for 1 Opal Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2
- Parking features
- Garage - Detached
- Interior features
- Central Air, Dryer, Refrigerator, Stove, Terrace, Washer
- Standard status
- Active
- Size
- 3,380 SF
- Lot size
- 0.11 Acres
Building Details
- Year built
- 2026
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
Listing agent Michelle J. Zhang (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jul 1, 2026
MLS# 502694
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.
Set for 2026 completion, this brand-new three-story two-family residence is custom-built from the ground up for modern waterfront living. The home includes a detached two-car garage, a private driveway with extra front parking, and a solar-panel roof. Central HVAC and energy-efficient finishes are built in throughout, with separate utilities provided via two gas and three electric meters. With approximately 1,000 feet of private waterfront and existing dock pilings, the property supports the future addition of a private dock. A move-in-ready build, the boat is included with the sale.
The residence is located at 1 Opal Court in Brooklyn, NY 11229, with access to Manhattan and major highways noted by the seller. Shopping and dining are described as convenient as well.
Inside, the lower level features soaring ceilings, an open layout, and a spacious utility area. The second-floor residence has three bedrooms, including a primary suite with a walk-in closet and spa-inspired bath, plus a living room opening to a large waterfront balcony and a designer kitchen with a premium vented hood. The third-floor upper residence offers three bedrooms, two full luxury baths, an open living area, a second laundry area, and an expansive L-shaped balcony with panoramic views for entertaining.
The residence is located at 1 Opal Court in Brooklyn, NY 11229, with access to Manhattan and major highways noted by the seller. Shopping and dining are described as convenient as well.
Inside, the lower level features soaring ceilings, an open layout, and a spacious utility area. The second-floor residence has three bedrooms, including a primary suite with a walk-in closet and spa-inspired bath, plus a living room opening to a large waterfront balcony and a designer kitchen with a premium vented hood. The third-floor upper residence offers three bedrooms, two full luxury baths, an open living area, a second laundry area, and an expansive L-shaped balcony with panoramic views for entertaining.
Key Highlights
- 2026 new construction two‑family, 3‑story brick home under construction
- 4,622 sq. ft. lot with approximately 1,000 ft of private waterfront and existing dock pilings
- Detached 2‑car garage plus private driveway and extra front parking
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 | $172.4k | $51.00 |
| − Vacancy | −$3.3k | −$0.97 |
| EGI | $169.1k | $50.03 |
| − OpEx | −$50.7k | −$15.01 |
| NOI | $118.4k | $35.02 |
3,380 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.69M
$1.48M – $1.97M
NOI $118,373 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$1.47M
$1.29M – $1.72M
NOI $103,188 @ 7.0% cap · market cap 5.49%
Theoretical Best
Specialty Retail
$2.80M
$2.45M – $3.27M
NOI $195,905 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - New three-story two-family waterfront home with private waterfront access, dock pilings, and detached two-car garage.
Where is this duplex located?
The property is located at 1 Opal Court Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: 2026 new construction two‑family, 3‑story brick home under construction; 4,622 sq. ft. lot with approximately 1,000 ft of private waterfront and existing dock pilings; Detached 2‑car garage plus private driveway and extra front parking
