480 84th Street Brooklyn, NY 11209
MULTI_FAMILY - Brooklyn, NY
- Added:
- Dec 14, 2024
- Days on Market:
- 576
- Last Refresh:
- Jul 13 at 7:06 pm
Property Features for 480 84th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4
- Interior features
- Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,520 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11769
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile
- Roof type
- Flat
Listing agent Hang (Tyler) Chen (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Dec 14, 2024
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.
Key Highlights
- Huge semi‑detached 2‑family property with private driveway and a commercial overlay
- 28 x 100 lot size with a 20 x 60 building footprint
- 1st floor: 4 bedrooms, 1 bathroom; leased at $3,500 per month
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 | $128.5k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $126.1k | $50.03 |
| − OpEx | −$37.8k | −$15.01 |
| NOI | $88.3k | $35.02 |
