Windowed Eat-In Kitchen
For Sale
$365,000
105 Ashland Place 2E, Brooklyn, NY 11201
An alcove layout includes dedicated storage, a renovated bath, and a bright kitchen with dining space.
Property Size421 SF
Price / SF$866.98
Days on Market166
Property Features for 105 Ashland Place 2E
General Information
Standard status
Active
Size
421 SF
Property subtype
Apartment
Units
Unit Mix
1 x alcove studio
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
24-hour gated security
on-site management
laundry facilities
bike storage
community/media room
playground
landscaped common gardens
Building Details
Building Size
421 SF
Year Built
1957
Listing Agency:
Compass
Listed By:
Enilolobo Malika Oyo
(917) 407-8840
Source:
Carlinwright
Added: May 16
Changed: Oct 27
Last Checked: Oct 28 at 3:45PM
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 Compass
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Investment Insights
Based on property information with market context.
This 421-square-foot alcove studio has a distinct entry foyer, a flexible alcove, and multiple closets for coats, clothing, linens, and general storage. The main room receives natural light through oversized windows and has parquet flooring. A windowed kitchen features white shaker cabinets, granite counters, stainless steel appliances, pantry storage, and a separate prep and bar area. The bathroom has been renovated and includes a soaking tub with shower. The property was built in 1957 and is part of Kingsview Cooperative, which offers 24-hour gated security, on-site management, laundry facilities in each building, bike storage, a community and media room, playground, and landscaped gardens. Parking and storage are available by waitlist.
Fort Greene Park is one block away. Nearby destinations include City Point, BAM, Barclays Center, Pratt Institute, and Downtown Brooklyn. Atlantic Terminal provides LIRR service, and the surrounding transit options include the 2, 3, 4, 5, A, C, B, D, G, N, Q, and R trains.
Fort Greene Park is one block away. Nearby destinations include City Point, BAM, Barclays Center, Pratt Institute, and Downtown Brooklyn. Atlantic Terminal provides LIRR service, and the surrounding transit options include the 2, 3, 4, 5, A, C, B, D, G, N, Q, and R trains.
Key Highlights
- 421‑square‑foot alcove studio with a separate foyer and multiple closets
- Windowed eat‑in kitchen with shaker cabinets, granite counters, stainless steel appliances, and pantry storage
- Renovated bathroom with a soaking tub and shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,853
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,060
$257.1K
Cap Rate 7%
$183,614
$183.6K
Cap Rate 9%
$142,811
$142.8K
Market Conditions
NOI Build-Up for 421 SF
Gross rent
$23.8K $56.64/SF
− Vacancy
−$477 −$1.13/SF
EGI
$23.4K $55.51/SF
− OpEx
−$10.5K −$24.98/SF
NOI
$12.9K $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%
$257,060
Cap Rate 7%
$183,614
Cap Rate 9%
$142,811
Alternative Uses
Best Use
Apartment 5plus
$183.6K
$160.7K – $214.2K
NOI $12,853 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$348.6K
$305.0K – $406.7K
NOI $24,401 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
11,785
Businesses Nearby
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Business Placement
Demographics for 11201, NY
69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An alcove layout includes dedicated storage, a renovated bath, and a bright kitchen with dining space.
Where is this residential income property located?
The property is located at 105 Ashland Place 2E Brooklyn, NY.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 421‑square‑foot alcove studio with a separate foyer and multiple closets; Windowed eat‑in kitchen with shaker cabinets, granite counters, stainless steel appliances, and pantry storage; Renovated bathroom with a soaking tub and shower
