388 Atkins Avenue Brooklyn, NY 11208
MULTI_FAMILY - Brooklyn, NY
Property Features for 388 Atkins Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 3, Basement, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Original Details
- Basement
- Walk-Out Access
- Standard status
- Active
- APN
- 04070-0047
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 505
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Brick
Listing agent Gabriel Kashi (347) 419-5268
Listing office Keystone Realty USA Corp 60 E Main St, E. Northport, NY (631) 261-2800
Listing date May 26, 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.
Key Highlights
- 20x50 built 2‑family townhouse with over 3,000 sq ft of living space
- Configured as 3 bedrooms over 2 bedrooms plus a walk‑out basement
- Original details throughout and brick construction
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 | $115.2k | $38.40 |
| − Vacancy | −$5.2k | −$1.73 |
| EGI | $110.0k | $36.67 |
| − OpEx | −$33.0k | −$11.00 |
| NOI | $77.0k | $25.67 |
