Detached Two-Unit Duplex
1019 E 88 Street, Brooklyn, NY 11236
For Sale
New
$799,900
Residential, Brooklyn, NY
Property Size2,000 SF
Lot Size0.06 Acres
Price / SF$399.95
Days on Market4
Property Features for 1019 E 88 Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Number of units
Buildings
Listing Agency:
BHHS Fillmore R.E.
Listed By:
Ken Macbride
(718) 377-6161
Added: Nov 6
Last Checked: Nov 9 at 4:06AM
MLS# 505902
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.
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Investment Insights
Based on property information with market context.
This detached duplex property contains two separate units, each arranged across two levels. Both have open-concept main-floor living, dining, and kitchen areas, along with a half bath. Upstairs, each unit has two bedrooms and a full bath. The first unit also includes a private balcony off its primary bedroom. A finished basement adds a bedroom and three-quarter bath, and the property has a carport. Total living area is approximately 2,000 square feet, on a 0.0621-acre lot.
The property is in Brooklyn, New York, and is zoned R5B. It is being sold in as-is condition.
The property is in Brooklyn, New York, and is zoned R5B. It is being sold in as-is condition.
Key Highlights
- Detached building with two duplex‑style units
- Approximately 2,000 square feet of living area on a 0.0621‑acre lot
- Each unit has two bedrooms, a full bath, and a half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,043
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,860
$1.4M
Cap Rate 7%
$1,000,614
$1.0M
Cap Rate 9%
$778,256
$778.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$102.0K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$100.1K $50.03/SF
− OpEx
−$30.0K −$15.01/SF
NOI
$70.0K $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%
$1,400,860
Cap Rate 7%
$1,000,614
Cap Rate 9%
$778,256
Alternative Uses
Best Use
Multifamily LT 5
$1.00M
$875.5K – $1.17M
NOI $70,043 @ 7.0% cap · market cap 8.76%
Second Best
Apartment 5plus
$872.3K
$763.2K – $1.02M
NOI $61,058 @ 7.0% cap · market cap 7.63%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $115,920 @ 7.0% cap · market cap 14.49%
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
2,054
Businesses Nearby
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Business Placement
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
$710,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living areas and a carport support a range of household arrangements.
Where is this duplex located?
The property is located at 1019 E 88 Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Detached building with two duplex‑style units; Approximately 2,000 square feet of living area on a 0.0621‑acre lot; Each unit has two bedrooms, a full bath, and a half bath
