Brooklyn Two-Family Home For
409 92nd Street Brooklyn, NY 11209
409 92nd Street, Brooklyn, NY, 11209
$975,000
For Sale
$975,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,760 SF
Lot Size0.03 Acres
Price / SF$553.98
Days on Market777
Property Features for 409 92nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C8-2
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 1,760 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6588
Building Details
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Ben Bay Realty Co of Bay Ridge
(718) 238-6080
8418 3rd Ave, Brooklyn, NY
Listed by
Charles A. Fabbella
(718) 680-6442
Added: Jun 1, 2024 Checked: Jul 17 at 4:06 pm
MLS# 483535
Listing URL
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.
This two-family home is located in the Bay Ridge neighborhood of Brooklyn. The property has C8-2 zoning. The lot measures 20 x 75, while the building itself measures 20 x 40. The property includes a finished basement. The lot size is approximately 0.0344 acres. The building size is approximately 1,760 square feet. The home will be vacant at closing.
Key Highlights
- Brick 2‑family property with finished basement
- C8‑2 zoning; lot size 20 x 75
- Building size 20 x 40
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 | $89.8k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $88.1k | $50.03 |
| − OpEx | −$26.4k | −$15.01 |
| NOI | $61.6k | $35.02 |
1,760 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$880.5K
$770.5K – $1.03M
NOI $61,638 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$767.6K
$671.6K – $895.5K
NOI $53,731 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,010 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home in Bay Ridge with C8-2 zoning.
Where is this duplex located?
The property is located at 409 92nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Brick 2‑family property with finished basement; C8‑2 zoning; lot size 20 x 75; Building size 20 x 40
