Detached Duplex Home with Detached
For Sale
$1,475,000
1181 E 26th Street, Brooklyn, NY 11210
SINGLE_FAMILY - Brooklyn, NY
Property Size1,394 SF
Lot Size0.09 Acres
Price / SF$1,058
Days on Market42
Property Features for 1181 E 26th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R2
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Garage - Detached
Patio and Porch features
Porch
Interior features
Laundry Area, Microwave, Porch, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Midwood
Standard status
Active
Size
1,394 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
10535
Building Details
Year built
1915
Floors in Building
2
Flooring type
Hardwood, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
eXp Realty BKNY
(888) 276-0630
Listed By:
Aaron Ivatorov · License #10301222307
(888) 276-0630
Added: Jul 13
Changed: Aug 16
Last Checked: Aug 23 at 4:06AM
MLS# 502990
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.
Located at 1181 E 26th Street in Brooklyn, this detached duplex-style single-family home is zoned R2 and built in 1915. The property sits on a 37.5' x 100' lot (0.0861 acres) and includes approximately 22' x 36' of living space spread across three levels, plus a finished basement for flexible use as an office, family room, recreation space, or storage.
The main residence features three bedrooms and two bathrooms, with each bathroom offering stand-up showers. Interior finishes include hardwood floors and tile, along with a porch and a laundry area. The home also includes a detached garage and a private driveway, supporting convenient day-to-day access.
Outside, the expansive backyard offers entertaining and gardening space and may allow for future expansion by extending the rear and adding additional space, subject to applicable approvals. The home is described as in need of some TLC, with floor plans available for all three levels upon request.
The main residence features three bedrooms and two bathrooms, with each bathroom offering stand-up showers. Interior finishes include hardwood floors and tile, along with a porch and a laundry area. The home also includes a detached garage and a private driveway, supporting convenient day-to-day access.
Outside, the expansive backyard offers entertaining and gardening space and may allow for future expansion by extending the rear and adding additional space, subject to applicable approvals. The home is described as in need of some TLC, with floor plans available for all three levels upon request.
Key Highlights
- Zoned R2, built in 1915 on a 37.5' x 100' lot (0.0861 acres)
- Approximately 22' x 36' living space across three levels plus finished basement
- Three bedrooms and two bathrooms with stand‑up showers
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,557
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$851,140
$851.1K
Cap Rate 7%
$607,957
$608.0K
Cap Rate 9%
$472,856
$472.9K
Market Conditions
NOI Build-Up for 1,394 SF
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.
Gross rent
$79.0K $56.64/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$77.4K $55.51/SF
− OpEx
−$34.8K −$24.98/SF
NOI
$42.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$851,140
Cap Rate 7%
$607,957
Cap Rate 9%
$472,856
Alternative Uses
Best Use
Apartment 5plus
$608.0K
$532.0K – $709.3K
NOI $42,557 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.15M
$1.01M – $1.35M
NOI $80,796 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,654
Businesses Nearby
Explore this area
Business Placement
Demographics for 11210, NY
62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Zoned R2, this detached duplex spans three levels with a finished basement and a detached garage plus private driveway.
Where is this single family property located?
The property is located at 1181 E 26th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Zoned R2, built in 1915 on a 37.5' x 100' lot (0.0861 acres); Approximately 22' x 36' living space across three levels plus finished basement; Three bedrooms and two bathrooms with stand‑up showers
