Renovated Brick
For Sale
$1,249,000
Pending
40 Autumn Avenue, Brooklyn, NY 11208
Residential Income, Brooklyn, NY
Property Size2,680 SF
Lot Size0.05 Acres
Days on Market36
Property Features for 40 Autumn Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Dining Room, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2
Parking
3
Parking features
Driveway, Garage
Interior features
First Floor Bedroom, First Floor Full Bath, Formal Dining, Granite Counters, Kitchen Island, Open Floorplan, Open Kitchen
Elementary school
Ps 7 Abraham Lincoln
Middle school
Is 171 Abraham Lincoln
High school
Brooklyn Lab School
Elementary school district
Brooklyn 19
Middle school district
Brooklyn 19
High school district
Brooklyn 19
Directions
Jackie Robinson Pkwy, Cypress Hill Exit 3
Standard status
Pending
APN
04107-0055
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7964
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Ductless
Water source
Public
Amenities
high ceilings
formal dining rooms
natural sunlight
original architectural details
private driveway
built-in garage
ductless split
Building Details
Year built
1960
Number of units
2
Building materials
Brick
Listing Agency:
Keller Williams Rlty Landmark · Keller Williams Realty
(718) 475-2700
Listed By:
Lian Rong Sun CBR SFR · License #10301213443
(917) 306-5735
Added: Aug 3
Changed: Sep 1
Last Checked: Sep 7 at 8:06AM
MLS# 1034146
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.
This brick duplex property at 40 Autumn Avenue was built in 1960 and renovated from the studs. The 2,680-square-foot residence occupies a 20X100 lot and includes formal dining areas, open kitchen layouts, granite counters, kitchen islands, high ceilings, and original architectural details. A first-floor bedroom and full bath add practical flexibility, while baseboard heating and ductless cooling serve the interior.
The property includes a private driveway and built-in garage. Public water and public sewer serve the site, with electricity available. Its Brooklyn address places the property in Kings County near the Brooklyn-Queens border, with shopping, schools, public transportation, and major roadways identified in the surrounding context.
The property includes a private driveway and built-in garage. Public water and public sewer serve the site, with electricity available. Its Brooklyn address places the property in Kings County near the Brooklyn-Queens border, with shopping, schools, public transportation, and major roadways identified in the surrounding context.
Key Highlights
- 2,680‑square‑foot brick duplex property renovated from the studs
- 20X100 lot at 40 Autumn Avenue, Brooklyn, NY 11208
- Private driveway and built‑in garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,797
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,375,940
$1.4M
Cap Rate 7%
$982,814
$982.8K
Cap Rate 9%
$764,411
$764.4K
Market Conditions
NOI Build-Up for 2,680 SF
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.
Gross rent
$102.9K $38.40/SF
− Vacancy
−$4.6K −$1.73/SF
EGI
$98.3K $36.67/SF
− OpEx
−$29.5K −$11.00/SF
NOI
$68.8K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,375,940
Cap Rate 7%
$982,814
Cap Rate 9%
$764,411
Alternative Uses
Best Use
Multifamily LT 5
$982.8K
$860.0K – $1.15M
NOI $68,797 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$875.1K
$765.7K – $1.02M
NOI $61,257 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,788 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,427
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Renovated masonry residence with formal dining areas, open kitchens, private parking, and a built-in garage.
Where is this duplex located?
The property is located at 40 Autumn Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: 2,680‑square‑foot brick duplex property renovated from the studs; 20X100 lot at 40 Autumn Avenue, Brooklyn, NY 11208; Private driveway and built‑in garage
