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Canarsie Brooklyn Coop Apartment
For Sale
$240,000

1011 E 108th St 1D, Brooklyn, NY 11236

One-bedroom, one-bath coop apartment in Canarsie, Brooklyn.

Property Size700 SF
Days on Market333

Property Features for 1011 E 108th St 1D

General Information

Standard status Active
Size 700 SF
Property subtype Residential

Building Details

Building Size 700 SF
Units 16
Listing Agency: BHHS Fillmore R.E.
Listed By: Frances Zuckerman
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 26 Last Checked: Oct 26 at 5:50PM

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 BHHS Fillmore R.E.

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Investment Insights

Based on property information with market context.

Located in Canarsie, Brooklyn, this coop apartment is situated on the first floor of a well-maintained building. The unit features one bedroom and one bathroom, providing closet space, natural lighting, and hardwood floors. It includes a large formal living room and modern appliances. Residents can enjoy amenities such as a landscaped courtyard, on-site laundry facilities, gated parking, and secure entry.

Key Highlights

  • Desirable Canarsie, Brooklyn location.
  • Gated parking space included for your convenience.
  • Well‑maintained building with secure entry.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,370
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$427,400 $427.4K
Cap Rate 7%
$305,286 $305.3K
Cap Rate 9%
$237,444 $237.4K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$39.6K $56.64/SF
− Vacancy
−$793 −$1.13/SF
EGI
$38.9K $55.51/SF
− OpEx
−$17.5K −$24.98/SF
NOI
$21.4K $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 Rate 5%
$427,400
Cap Rate 7%
$305,286
Cap Rate 9%
$237,444

Alternative Uses

Best Use
Apartment 5plus
$305.3K
$267.1K – $356.2K (±1% cap)
NOI $21,370 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$579.6K
$507.2K – $676.2K (±1% cap)
NOI $40,572 @ 7.0% cap · market cap 16.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,229
Businesses Nearby

Demographics for 11236, NY

100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - One-bedroom, one-bath coop apartment in Canarsie, Brooklyn.
Where is this apartment building located?
The property is located at 1011 E 108th St 1D Brooklyn, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Desirable Canarsie, Brooklyn location.; Gated parking space included for your convenience.; Well‑maintained building with secure entry.
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Includes: Price & PSF · Cap rate · Location · Zoning

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