Two-Bedroom Duplex with
For Sale
$699,000
26 Trucklemans Lane, Brooklyn, NY 11236
Residential, Duplex, Brooklyn, NY
Property Size904 SF
Lot Size0.05 Acres
Price / SF$773.23
Days on Market59
Property Features for 26 Trucklemans Lane
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4-1
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Interior features
A/C Unit, A/C Unit - Window, Dishwasher, Laundry Area, Refrigerator, Stove, Window Treatments
Basement
Finished
Subdivision
Canarsie
Standard status
Active
Size
904 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
3542
Amenities
backyard
Building Details
Year built
1925
Floors in Building
2
Flooring type
Linoleum, Tile, Carpet
Building materials
Masonry
Roof type
Shingle
Architectural style
Other
Listing Agency:
Brooklyn Real Property, Inc
(718) 272-8988
Listed By:
Maria Sally Trama
(718) 875-8899
Added: Jul 14
Changed: Sep 5
Last Checked: Sep 10 at 9:06AM
MLS# 503016
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.
This 904-square-foot masonry duplex was built in 1925 and includes two bedrooms, two bathrooms, a formal dining room, and a formal living room. The kitchen is equipped with a refrigerator, stove, dishwasher, and window air-conditioning unit, while the interior includes linoleum, tile, and carpet flooring. A laundry area, window treatments, and a semi-finished basement add to the existing layout. The property also includes a shingle roof, backyard, and private driveway with capacity for up to 4 cars.
Located in Brooklyn’s 11236 ZIP Code, the property sits on a 0.0526-acre lot and carries R4-1 zoning. The address is 26 Trucklemans Lane in Brooklyn, New York.
Located in Brooklyn’s 11236 ZIP Code, the property sits on a 0.0526-acre lot and carries R4-1 zoning. The address is 26 Trucklemans Lane in Brooklyn, New York.
Key Highlights
- Duplex with 2 bedrooms and 2 bathrooms
- 904 square feet on a 0.0526‑acre lot
- Private driveway accommodates up to 4 cars
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
$31,660
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
4.53%
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%
$633,200
$633.2K
Cap Rate 7%
$452,286
$452.3K
Cap Rate 9%
$351,778
$351.8K
Market Conditions
NOI Build-Up for 904 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
$46.1K $51.00/SF
− Vacancy
−$876 −$0.97/SF
EGI
$45.2K $50.03/SF
− OpEx
−$13.6K −$15.01/SF
NOI
$31.7K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
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%
$633,200
Cap Rate 7%
$452,286
Cap Rate 9%
$351,778
Alternative Uses
Best Use
Multifamily LT 5
$452.3K
$395.8K – $527.7K
NOI $31,660 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$394.3K
$345.0K – $460.0K
NOI $27,598 @ 7.0% cap · market cap 3.95%
Theoretical Best
Specialty Retail
$748.5K
$655.0K – $873.3K
NOI $52,396 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Masonry duplex with a semi-finished basement, private driveway, and residential R4-1 zoning in Brooklyn.
Where is this duplex located?
The property is located at 26 Trucklemans Lane Brooklyn, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Duplex with 2 bedrooms and 2 bathrooms; 904 square feet on a 0.0526‑acre lot; Private driveway accommodates up to 4 cars
