Two-Family Duplex with Detached
For Sale
$1,499,000
104 Albany Avenue, Brooklyn, NY 11213
Residential, Brooklyn, NY
Property Size2,140 SF
Lot Size0.04 Acres
Price / SF$700.47
Days on Market63
Property Features for 104 Albany Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
3
Full bathrooms
2
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Garage - Detached
Basement
Full, Unfinished
Subdivision
Crown Heights
Standard status
Active
Size
2,140 SF
Lot size
0.04 Acres
Building Details
Year built
1910
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Faig Mikayilov
(718) 612-3088
Added: Aug 25
Changed: Oct 13
Last Checked: Oct 26 at 1:06AM
MLS# 504021
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 1910 brick two-family property contains 2,140 square feet and will be delivered vacant. The owner’s duplex occupies the first and parlor floors, with two bedrooms, two bathrooms, a living room, and an eat-in kitchen. Hardwood flooring and a flat roof are among the property’s features. Renovation is required.
A detached two-car garage is included, with additional space that may have potential for retail or commercial use.
A detached two-car garage is included, with additional space that may have potential for retail or commercial use.
Key Highlights
- Two‑family brick property with 2,140 square feet
- Owner’s duplex spans the first and parlor floors, with 2 bedrooms and 2 bathrooms
- Detached garage accommodates 2 cars and includes additional space with potential retail or commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,946
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,498,920
$1.5M
Cap Rate 7%
$1,070,657
$1.1M
Cap Rate 9%
$832,733
$832.7K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$109.1K $51.00/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$107.1K $50.03/SF
− OpEx
−$32.1K −$15.01/SF
NOI
$74.9K $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%
$1,498,920
Cap Rate 7%
$1,070,657
Cap Rate 9%
$832,733
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$936.8K – $1.25M
NOI $74,946 @ 7.0% cap · market cap 5.00%
Second Best
Apartment 5plus
$933.3K
$816.7K – $1.09M
NOI $65,332 @ 7.0% cap · market cap 4.36%
Theoretical Best
Specialty Retail
$1.77M
$1.55M – $2.07M
NOI $124,034 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
5,083
Businesses Nearby
Explore this area
Business Placement
Demographics for 11213, NY
67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
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
Frequently Asked Questions
What type of property is this?
Duplex - The owner’s unit spans two floors and includes an eat-in kitchen, while the property will be delivered vacant.
Where is this duplex located?
The property is located at 104 Albany Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two‑family brick property with 2,140 square feet; Owner’s duplex spans the first and parlor floors, with 2 bedrooms and 2 bathrooms; Detached garage accommodates 2 cars and includes additional space with potential retail or commercial use
