38 Corbin Place, Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
- Added:
- Nov 18, 2025
- Days on Market:
- 204
- Last Refresh:
- Jun 10 at 9:06 am
Property Features for 38 Corbin Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Carport
- Interior features
- A/C Unit - Wall, Dishwasher, Refrigerator, Stove
- Standard status
- Active
- Size
- 1,877 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9196
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Emily Hui Chen-Liang (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Nov 18, 2025
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.
HighLights
- Prime Brighton Beach location: Minutes from the boardwalk, beaches, shopping, dining, and subway lines.
- Two‑family home: Ideal for generating rental income or multi‑generational living.
- Recently renovated: Modern updates throughout both units, move‑in ready.
- Spacious layout: Over 1,877 sq ft across two well‑designed apartments.
- Private driveway/carport: A rare and valuable amenity in Brighton Beach.
- Private rear yard: Perfect for outdoor enjoyment.
Overview
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 | $95.7k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $93.9k | $50.03 |
| − OpEx | −$28.2k | −$15.01 |
| NOI | $65.7k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.955182
- Latitude
- 40.581024
