Brooklyn Multifamily Home with
10 Gunther Place Brooklyn, NY 11233
10 Gunther Place, Brooklyn, NY, 11233
$1,200,000
For Sale
$1,200,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,700 SF
Lot Size0.04 Acres
Price / SF$444.44
Days on Market162
Property Features for 10 Gunther Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
- Interior features
- A/C Unit - Window, Microwave, Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 0.04 Acres
Building Details
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Revived Residential
(929) 379-3750
2124 Flatbush Ave, Brooklyn, NY
Listed by
Ryan T .Fahey
(929) 379-3750
Added: Feb 4 Checked: Jul 16 at 4:06 pm
MLS# 498786
Listing URL
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 on a quiet residential block in Ocean Hill, this semi-detached multi-family home at 10 Gunther Place features hardwood floors throughout and receives plenty of natural light. The property includes an expansive four-bedroom, two-bathroom duplex, offering generous living and bedroom space, along with a separate two-bedroom, one-bathroom apartment. A semi-finished basement provides additional storage or flexible use. A private backyard completes the home, offering valuable outdoor space. The property is situated in a peaceful setting while remaining close to neighborhood amenities and transportation. The lot size is 0.0436 acres and the property size is 2700 square feet.
Key Highlights
- Semi‑detached multi‑family home at 10 Gunther Place
- Four‑bedroom, two‑bathroom duplex plus a separate two‑bedroom, one‑bathroom apartment
- Hardwood floors throughout and plenty of natural light
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 | $137.7k | $51.00 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $135.1k | $50.03 |
| − OpEx | −$40.5k | −$15.01 |
| NOI | $94.6k | $35.02 |
2,700 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
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 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 - Well-maintained Brooklyn multifamily home with 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: Semi‑detached multi‑family home at 10 Gunther Place; Four‑bedroom, two‑bathroom duplex plus a separate two‑bedroom, one‑bathroom apartment; Hardwood floors throughout and plenty of natural light
