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Brooklyn Two-Family Home Opportunity

10117 Avenue K Brooklyn, NY 11236

10117 Avenue K, Brooklyn, NY, 11236
$819,900
For Sale
$819,900

MULTI_FAMILY - Brooklyn, NY

Property Size1,596 SF
Lot Size0.04 Acres
Price / SF$513.72
Days on Market60

Property Features for 10117 Avenue K

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Interior features
Refrigerator, Stove
Basement
Partial, Full
Standard status
Active
Size
1,596 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
5112

Building Details

Year built
1955
Floors in Building
1
Number of units
2
Building materials
Brick
Roof type
Shingle
Listing Agency Exit All Seasons Realty
8911 Glenwood Rd, Brooklyn, NY
Listed by Jaroslaw Kaszuba
Added: May 19 Checked: Jul 17 at 2:06 am
MLS# 501591 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.

This classic two-family home in Canarsie, Brooklyn, presents an opportunity for a new chapter. Each level features a comfortable floor plan and a large two-bedroom apartment. The brick house offers a timeless look and durability. A private driveway provides easy and secure parking. Situated a few minutes from the L train, it is suitable for those who need an easy commute. The Canarsie Pier, an amazing water trail and fishing hotspot, is located down Rockaway Parkway. Canarsie Park, with various trails and sports courts, as well as street fairs and pop-up markets, is also nearby. The property is zoned R5B and has a lot size of 0.0442 acres. The property size is 1596 square feet.

Key Highlights

  • Two‑family home with a large two‑bedroom apartment on each level
  • Built in 1955; brick construction with a shingle roof
  • Private driveway for easy and secure parking

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 $81.4k $51.00
− Vacancy −$1.5k −$0.97
EGI $79.8k $50.03
− OpEx −$24.0k −$15.01
NOI $55.9k $35.02
1,596 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$798.5K
$698.7K – $931.6K (±1% cap)
NOI $55,895 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$696.1K
$609.1K – $812.1K (±1% cap)
NOI $48,724 @ 7.0% cap · market cap 5.94%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,504 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Spa & Massage Center Acupuncture Bar & Pub Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Classic two-family home in Canarsie, Brooklyn, near L train.
Where is this duplex located?
The property is located at 10117 Avenue K Brooklyn, NY.
What is the asking price?
The asking price for this property is $819,900.
What are key features of this property?
This property features: Two‑family home with a large two‑bedroom apartment on each level; Built in 1955; brick construction with a shingle roof; Private driveway for easy and secure parking
Contact an agent
More about this property
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