Semi-Detached Duplex
For Sale
$1,200,000
Pending
10 GUNTHER Place, Brooklyn, NY 11233
Includes a four-bedroom duplex, separate apartment, semi-finished basement, hardwood floors, and a private backyard.
Property Size2,700 SF
Days on Market264
Property Features for 10 GUNTHER Place
General Information
Standard status
Pending
Size
2,700 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 4BR/2BA duplex, 1 x 2BR/1BA apartment
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$924
Amenities
private backyard
semi-finished basement
Building Details
Building Size
2,700 SF
Year Built
1901
Listing Agency:
Revived Residential
Listed By:
Ryan Fahey
(917) 533-8153
Source:
Miradorrealestate
Added: Feb 5
Changed: Oct 25
Last Checked: Oct 26 at 10:44PM
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 Revived Residential
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Investment Insights
Based on property information with market context.
This 2,700 SF semi-detached duplex property, built in 1901, combines a four-bedroom, two-bathroom primary duplex with a separate two-bedroom, one-bathroom apartment. Hardwood flooring runs throughout the home, while abundant natural light reaches the living areas. A semi-finished basement adds storage or flexible-use space, and the property also includes a private backyard.
The property is located at 10 Gunther Place in Brooklyn’s Ocean Hill neighborhood. The residential setting is near neighborhood amenities and transportation, providing access to everyday services and transit options. The combination of multiple residential components, basement space, and outdoor area creates a clearly defined physical configuration for residential use.
The property is located at 10 Gunther Place in Brooklyn’s Ocean Hill neighborhood. The residential setting is near neighborhood amenities and transportation, providing access to everyday services and transit options. The combination of multiple residential components, basement space, and outdoor area creates a clearly defined physical configuration for residential use.
Key Highlights
- 2,700 SF semi‑detached duplex property
- Four‑bedroom, two‑bathroom duplex
- Separate two‑bedroom, one‑bathroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,559
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,891,180
$1.9M
Cap Rate 7%
$1,350,843
$1.4M
Cap Rate 9%
$1,050,656
$1.1M
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$137.7K $51.00/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$135.1K $50.03/SF
− OpEx
−$40.5K −$15.01/SF
NOI
$94.6K $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 Rate 5%
$1,891,180
Cap Rate 7%
$1,350,843
Cap Rate 9%
$1,050,656
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.58M
NOI $94,559 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,428 @ 7.0% cap · market cap 6.87%
Theoretical Best
Specialty Retail
$2.24M
$1.96M – $2.61M
NOI $156,492 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,271
Businesses Nearby
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Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Includes a four-bedroom duplex, separate apartment, semi-finished basement, hardwood floors, and a private backyard.
Where is this duplex located?
The property is located at 10 GUNTHER Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,700 SF semi‑detached duplex property; Four‑bedroom, two‑bathroom duplex; Separate two‑bedroom, one‑bathroom apartment
