Three-Bedroom
For Sale
Contact for pricing
1-459 42nd Street, Brooklyn, NY 11232
A first-floor residence includes a separate living room and one bathroom.
Property Size950 SF
Price / SF$2.63
Days on Market21
Property Features for 1-459 42nd Street
General Information
Standard status
Active
Size
950 SF
Property subtype
Residential Income
Units
Unit Mix
3BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Listing Agency:
E House Realty & Mgt. Inc.
Listed By:
ZiQing (Ken) Li · License #ZQL9541
(718) 680-2776
Source:
Exprealty
Added: Oct 9
Changed: Oct 26
Last Checked: Oct 28 at 2:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of E House Realty & Mgt. Inc.
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Investment Insights
Based on property information with market context.
This first-floor apartment has 950 square feet arranged as three bedrooms, one living room, and one bathroom. The layout places the living area alongside the bedroom spaces within a single residential unit.
Key Highlights
- 950 square feet of interior space
- Three bedrooms, one living room, and one bathroom
- Located on the first floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,003
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,060
$580.1K
Cap Rate 7%
$414,329
$414.3K
Cap Rate 9%
$322,256
$322.3K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$53.8K $56.64/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$52.7K $55.51/SF
− OpEx
−$23.7K −$24.98/SF
NOI
$29.0K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,060
Cap Rate 7%
$414,329
Cap Rate 9%
$322,256
Alternative Uses
Best Use
Apartment 5plus
$414.3K
$362.5K – $483.4K
NOI $29,003 @ 7.0% cap · market cap 1,160.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$786.6K
$688.3K – $917.7K
NOI $55,062 @ 7.0% cap · market cap 2,202.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,033
Businesses Nearby
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Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor residence includes a separate living room and one bathroom.
Where is this residential income property located?
The property is located at 1-459 42nd Street Brooklyn, NY.
What are key features of this property?
This property features: 950 square feet of interior space; Three bedrooms, one living room, and one bathroom; Located on the first floor
