Garden Duplex Residence with Private
For Sale
$1,649,000
100 Scholes Street 1-B, Brooklyn, NY 11206
One-bedroom, two-bath garden duplex spanning two levels with a sunlit lower-level bluestone yard and private outdoor space.
Property Size1,520 SF
Price / SF$1,084
Days on Market62
Property Features for 100 Scholes Street 1-B
General Information
Standard status
Active
Size
1,520 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$12,072
Amenities
private outdoor space
backyard
garden
custom kitchen
Bosch cooktop
oven
microwave
dishwasher
Bertazzoni refrigerator
quartz countertops
European white oak flooring
firepit
wet bar
built-in grill
illuminated staircase
primary suite
Swiss Madison tubs
Delta showers
American Standard sinks
automated hands-free toilets
zoned central air
LG washer/dryer
radiant heated bathroom floors
floor-to-ceiling windows
storage
Building Details
Building Size
1,520 SF
Year Built
2026
Listing Agency:
R New York
Listed By:
Winston Lau
(929) 429-0349
Source:
Serhant
Added: Jul 8
Changed: Sep 7
Last Checked: Sep 7 at 8:35AM
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 R New York
Investment Insights
Based on property information with market context.
Residence 1B is a one-bedroom, two-bath garden duplex laid out over two levels, with 1,520 square feet of interior living opening to more than 1,000 square feet of private outdoor space. The home includes a sun-filled living room and a custom kitchen anchored by vein-matched quartz countertops with a breakfast bar, plus a Bosch cooktop, oven, microwave, and dishwasher and a Bertazzoni refrigerator. Wide-plank 7 1/2" European white oak flooring runs throughout, and an illuminated tempered-glass staircase connects the floors.
Downstairs, a sunlit lower level extends to a private bluestone yard stretching 34 feet deep, featuring a bespoke firepit, wet bar, and built-in grill. The primary suite includes a dedicated vanity station with direct bath access. Both full baths are appointed with Swiss Madison tubs, Delta showers, American Standard sinks, and automated hands-free toilets.
Built in 2026, Residence 1B is part of a boutique new development of just eight residences, each with private outdoor space. The home includes zoned central air with remote and app-based control, a dedicated condenser serving only your home, LG washer and dryer, radiant heated bathroom floors, heated-seat hands-free toilets with optional bidet attachments, floor-to-ceiling windows, and integrated storage.
Downstairs, a sunlit lower level extends to a private bluestone yard stretching 34 feet deep, featuring a bespoke firepit, wet bar, and built-in grill. The primary suite includes a dedicated vanity station with direct bath access. Both full baths are appointed with Swiss Madison tubs, Delta showers, American Standard sinks, and automated hands-free toilets.
Built in 2026, Residence 1B is part of a boutique new development of just eight residences, each with private outdoor space. The home includes zoned central air with remote and app-based control, a dedicated condenser serving only your home, LG washer and dryer, radiant heated bathroom floors, heated-seat hands-free toilets with optional bidet attachments, floor-to-ceiling windows, and integrated storage.
Key Highlights
- 1,520 square feet of interior living across two levels
- More than 1,000 square feet of private outdoor space
- Bluestone yard stretches 34 feet deep with firepit, wet bar, and built‑in grill
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
$46,404
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
2.81%
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%
$928,080
$928.1K
Cap Rate 7%
$662,914
$662.9K
Cap Rate 9%
$515,600
$515.6K
Market Conditions
NOI Build-Up for 1,520 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
$86.1K $56.64/SF
− Vacancy
−$1.7K −$1.13/SF
EGI
$84.4K $55.51/SF
− OpEx
−$38.0K −$24.98/SF
NOI
$46.4K $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 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%
$928,080
Cap Rate 7%
$662,914
Cap Rate 9%
$515,600
Alternative Uses
Best Use
Apartment 5plus
$662.9K
$580.1K – $773.4K
NOI $46,404 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,099 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,666
Businesses Nearby
Explore this area
Business Placement
Demographics for 11206, NY
91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom, two-bath garden duplex spanning two levels with a sunlit lower-level bluestone yard and private outdoor space.
Where is this residential income property located?
The property is located at 100 Scholes Street 1-B Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: 1,520 square feet of interior living across two levels; More than 1,000 square feet of private outdoor space; Bluestone yard stretches 34 feet deep with firepit, wet bar, and built‑in grill
