Brick Two-Family
For Sale
$799,000
10320 Avenue K, Brooklyn, NY 11236
The vacant property combines a two-bedroom unit, a one-bedroom unit, and a studio, with backyard access.
Property Size1,811 SF
Days on Market11
Property Features for 10320 Avenue K
General Information
Standard status
Active
Size
1,811 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Amenities
backyard
Building Details
Building Size
1,811 SF
Year Built
1960
Stories
2
Construction
brick
Listing Agency:
Abla 1 LLC
Listed By:
Edvard Larose
(917) 371-7384
Source:
Elliman
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 11 at 6:44AM
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 Abla 1 LLC
Investment Insights
Based on property information with market context.
This 1960 brick duplex is delivered vacant and contains a two-bedroom unit above a one-bedroom unit, plus a studio. Renovations include the kitchen and bathroom, and the property has backyard access.
The property is at 10320 Avenue K in Brooklyn. Its reported scores are 38 for walking, 60 for biking, and 65 for transit.
The property is at 10320 Avenue K in Brooklyn. Its reported scores are 38 for walking, 60 for biking, and 65 for transit.
Key Highlights
- Two‑bedroom unit over a one‑bedroom unit, plus a studio
- Delivered vacant
- Brick construction; built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,424
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,480
$1.3M
Cap Rate 7%
$906,057
$906.1K
Cap Rate 9%
$704,711
$704.7K
Market Conditions
NOI Build-Up for 1,811 SF
Gross rent
$92.4K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$90.6K $50.03/SF
− OpEx
−$27.2K −$15.01/SF
NOI
$63.4K $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%
$1,268,480
Cap Rate 7%
$906,057
Cap Rate 9%
$704,711
Alternative Uses
Best Use
Multifamily LT 5
$906.1K
$792.8K – $1.06M
NOI $63,424 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$789.8K
$691.1K – $921.5K
NOI $55,288 @ 7.0% cap · market cap 6.92%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,966 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,601
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The vacant property combines a two-bedroom unit, a one-bedroom unit, and a studio, with backyard access.
Where is this duplex located?
The property is located at 10320 Avenue K Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑bedroom unit over a one‑bedroom unit, plus a studio; Delivered vacant; Brick construction; built in 1960
