387 Ashford Street, Brooklyn, NY 11207
- Added:
- Dec 11, 2025
- Days on Market:
- 192
- Last Refresh:
- Jun 21 at 12:06 am
Property Features for 387 Ashford Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 2, Basement, Bedroom 3, Bedroom 1
- Parking features
- On Street
- Basement
- Full, Finished
- Standard status
- Pending
- APN
- 04016-0009
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2062
Utilities
- Utilities
- Natural Gas 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
- 1901
- Number of units
- 2
- Building materials
- Brick
Listing agent Kenneth Mungin (718) 269-9678
Listing office Fave Realty Inc 20 Jericho Tpke, New Hyde Park, NY (516) 519-8049
Listing date Dec 11, 2025
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.
HighLights
- Classic 2‑family, 2‑story brick building built in 1901
- Approximately 2,000 sq. ft. total with 2 residential units
- Set on an approximately 1,800 sq. ft. lot at 387 Ashford Street
- Utilities include natural gas available; water from public supply and public sewer
- Heating: natural gas; cooling via wall/window unit(s) and window unit(s)
- On‑street parking
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 | $102.0k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $100.1k | $50.03 |
| − OpEx | −$30.0k | −$15.01 |
| NOI | $70.0k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.884604
- Latitude
- 40.672837
