Two-Story Single-Family
98 Herzl Street Brooklyn, NY 11212
New
98 Herzl Street, Brooklyn, NY, 11212
$629,000
For Sale
$629,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,620 SF
Lot Size0.05 Acres
Price / SF$388.27
Days on Market2
Property Features for 98 Herzl Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R6
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2
- Parking features
- Carport
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 1,620 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5538
Building Details
- Year built
- 1987
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Flat
- Architectural style
- Other
Listing agency
RE/MAX Edge
(718) 612-3088
Listed by
Albert Taye · License #30TA0927395
(718) 612-3088
Added: Jul 21 Checked: Jul 22 at 3:06PM
MLS# 503180
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.
Located at 98 Herzl Street in Brooklyn, this two-story single-family home offers four generously sized bedrooms, two full bathrooms, and one half bath. Interior features include hardwood floors and substantial storage, including a walk-in closet and additional closets throughout. The home is described as well-maintained and could benefit from some cosmetic updates and a fresh coat of paint, providing room for an owner to personalize finishes while keeping the core layout intact.
Outside, the property includes a huge backyard for outdoor use. Parking is supported by a front carport that accommodates two vehicles. The property is identified with R6 zoning.
Overall, it presents a functional, space-forward layout with both indoor storage and outdoor area, with the opportunity for updates to align the home with a buyer’s preferences.
Outside, the property includes a huge backyard for outdoor use. Parking is supported by a front carport that accommodates two vehicles. The property is identified with R6 zoning.
Overall, it presents a functional, space-forward layout with both indoor storage and outdoor area, with the opportunity for updates to align the home with a buyer’s preferences.
Key Highlights
- Four bedrooms with a two‑story layout
- Two full bathrooms plus one half bath
- Hardwood floors throughout
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 | $82.6k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $81.1k | $50.03 |
| − OpEx | −$24.3k | −$15.01 |
| NOI | $56.7k | $35.02 |
1,620 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$810.5K
$709.2K – $945.6K
NOI $56,735 @ 7.0% cap · market cap 9.02%
Second Best
Apartment 5plus
$706.5K
$618.2K – $824.3K
NOI $49,457 @ 7.0% cap · market cap 7.86%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,895 @ 7.0% cap · market cap 14.93%
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-story single-family home with four bedrooms, two full baths, one half bath, hardwood floors, and a two-car carport.
Where is this duplex located?
The property is located at 98 Herzl Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Four bedrooms with a two‑story layout; Two full bathrooms plus one half bath; Hardwood floors throughout
