Detached Single-Family
For Sale
$1,988,000
32 87th Street, Brooklyn, NY 11209
SINGLE_FAMILY - Brooklyn, NY
Property Size2,415 SF
Lot Size0.09 Acres
Price / SF$823.19
Days on Market62
Property Features for 32 87th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Interior features
Dishwasher, Dryer, Fireplace, Laundry Area, Microwave, Refrigerator, Stove, Washer
Fireplace
1
Basement
Finished
Subdivision
Bay Ridge
Standard status
Active
Size
2,415 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
14594
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Wood Frame
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Ping Chen
(718) 612-3088
Added: Jun 4
Changed: Aug 4
Last Checked: Aug 4 at 10:06AM
MLS# 501982
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.
Welcome to this beautifully maintained detached residence situated on a 40x100 corner lot. The home offers approximately 2,415 square feet of living space plus an additional 826 square feet in the basement, providing room for daily living, storage, and flexible use. The main level includes a spacious living room centered around a gas fireplace, a sun-filled room that can serve as a home office or family room, a formal dining room, and a modern eat-in kitchen with tiled flooring. A convenient half bathroom completes this level.
Upstairs, you’ll find three well-proportioned bedrooms with excellent closet space and a full bathroom. The finished lower level adds a dedicated laundry area, a 3/4 bathroom, generous storage, and open space suited for recreation and hobbies. Outdoors, enjoy a private fenced backyard, along with a detached two-car garage equipped with a Tesla charger and a private driveway for additional off-street parking.
The property is in Bay Ridge and is positioned near the Shore Road waterfront promenade, parks, shopping, dining, and transportation. Zoning is R3-1.
Upstairs, you’ll find three well-proportioned bedrooms with excellent closet space and a full bathroom. The finished lower level adds a dedicated laundry area, a 3/4 bathroom, generous storage, and open space suited for recreation and hobbies. Outdoors, enjoy a private fenced backyard, along with a detached two-car garage equipped with a Tesla charger and a private driveway for additional off-street parking.
The property is in Bay Ridge and is positioned near the Shore Road waterfront promenade, parks, shopping, dining, and transportation. Zoning is R3-1.
Key Highlights
- Detached Bay Ridge home on a 40x100 corner lot with a private fenced backyard
- Approx. 2,415 sq ft plus an additional 826 sq ft in the basement for extra living and storage space
- Built in 1920 with hardwood and tile flooring and a gas fireplace in the living room
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 | $136.8k | $56.64 |
| − Vacancy | −$2.7k | −$1.13 |
| EGI | $134.0k | $55.51 |
| − OpEx | −$60.3k | −$24.98 |
| NOI | $73.7k | $30.53 |
2,415 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$921.6K – $1.23M
NOI $73,727 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.33M
NOI $139,973 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,613
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Detached home on a corner lot with fenced backyard and detached two-car garage equipped with a Tesla charger.
Where is this single family property located?
The property is located at 32 87th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Detached Bay Ridge home on a 40x100 corner lot with a private fenced backyard; Approx. 2,415 sq ft plus an additional 826 sq ft in the basement for extra living and storage space; Built in 1920 with hardwood and tile flooring and a gas fireplace in the living room
