Duplex Home with
For Sale
$949,000
50 Bergen Beach Place, Brooklyn, NY 11234
SINGLE_FAMILY - Brooklyn, NY
Property Size1,444 SF
Lot Size0.06 Acres
Price / SF$657.20
Days on Market77
Property Features for 50 Bergen Beach Place
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
4
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
Patio and Porch features
Patio, Porch
Interior features
Central Air, Dishwasher, Dryer, Fireplace, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Washer
Fireplace
1
Basement
Full, Finished
Subdivision
Bergen Beach
Standard status
Active
Size
1,444 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
6116
Amenities
wood-burning fireplace
deck
backyard
basement with separate entrance
eat-in kitchen
stainless-steel appliances
Building Details
Year built
1998
Floors in Building
2
Flooring type
Carpet, Hardwood, Tile
Building materials
Block, Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Talk of the Town Realty Corp.
(718) 251-7400
Listed By:
Bella Fuzailov
(718) 251-7400
Added: Jun 10
Changed: Aug 3
Last Checked: Aug 25 at 4:06AM
MLS# 502183
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.
Move-in-ready residential duplex home on a quiet private block with central air, a wood-burning fireplace, and an eat-in kitchen with stainless-steel appliances. The main layout includes four bedrooms and three bathrooms. Sliding doors off the kitchen open to a deck and backyard, creating indoor-outdoor flow for everyday living.
A basement level with a separate entrance adds flexibility, and the property includes private parking for three cars. Built in 1998, the home is constructed with block and wood frame materials and features a shingle roof. Interior amenities include a dishwasher, microwave, stove, refrigerator, washer/dryer, and laundry area. Flooring includes carpet, hardwood, and tile.
Zoned R3-1, this property combines classic residential features—porch and patio—with practical access and a dedicated basement entry that can support a variety of household needs.
A basement level with a separate entrance adds flexibility, and the property includes private parking for three cars. Built in 1998, the home is constructed with block and wood frame materials and features a shingle roof. Interior amenities include a dishwasher, microwave, stove, refrigerator, washer/dryer, and laundry area. Flooring includes carpet, hardwood, and tile.
Zoned R3-1, this property combines classic residential features—porch and patio—with practical access and a dedicated basement entry that can support a variety of household needs.
Key Highlights
- R3‑1 zoning
- Four bedrooms and three bathrooms with an eat‑in kitchen
- Wood‑burning fireplace plus central air
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
$50,571
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
5.33%
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%
$1,011,420
$1.0M
Cap Rate 7%
$722,443
$722.4K
Cap Rate 9%
$561,900
$561.9K
Market Conditions
NOI Build-Up for 1,444 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
$73.6K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$72.2K $50.03/SF
− OpEx
−$21.7K −$15.01/SF
NOI
$50.6K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /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%
$1,011,420
Cap Rate 7%
$722,443
Cap Rate 9%
$561,900
Alternative Uses
Best Use
Multifamily LT 5
$722.4K
$632.1K – $842.9K
NOI $50,571 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$629.8K
$551.1K – $734.7K
NOI $44,084 @ 7.0% cap · market cap 4.65%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.39M
NOI $83,694 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,519
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - Move-in-ready R3-1 home features central air, a wood-burning fireplace, and a basement with a separate entrance and 3-car parking.
Where is this duplex located?
The property is located at 50 Bergen Beach Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: R3‑1 zoning; Four bedrooms and three bathrooms with an eat‑in kitchen; Wood‑burning fireplace plus central air
