294 Schenck Avenue Brooklyn, NY 11207
MULTI_FAMILY - Brooklyn, NY
Property Features for 294 Schenck Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Basement, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, High Ceilings
- Basement
- Finished, Full
- Standard status
- Pending
- APN
- 03995-0021
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1592
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Frame, Vinyl Siding
Listing agent Christine M. Ortiz (888) 276-0630
Listing office EXP Realty 6856 Groton St, Hauppauge, NY (888) 276-0630
Listing date May 8, 2026
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.
Located on a residential block in East New York, the property is positioned near public transportation, shopping, schools, local restaurants, parks, and major thoroughfares. The remarks note convenient access to the A, C, J, and Z subway lines, along with multiple bus routes, and connections to Jackie Robinson Parkway and Belt Parkway for broader travel throughout Brooklyn, Queens, and Manhattan.
The property is planned to be delivered vacant, offering a straightforward starting point for an end-user or investor looking to make updates and personalize the space to their needs.
Key Highlights
- Legal 2‑family townhouse at 294 Schenck Avenue in East New York, Brooklyn
- Approx. 2,200 SF living space with owner unit (2 bedrooms/1 bathroom) over a 3‑bedroom/1‑bath apartment
- Finished basement adds 1 additional bedroom and 1 additional bathroom for more usable space
Local Financial Insights For Apartment 5plus
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 | $124.6k | $56.64 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $122.1k | $55.51 |
| − OpEx | −$55.0k | −$24.98 |
| NOI | $67.2k | $30.53 |
