Duplex Residential Income
For Sale
$875,000
106 Graham Avenue 1B, Brooklyn, NY 11206
Two-level residence with private outdoor areas, flexible lower-level space, and shared rooftop amenities.
Property Size1,241 SF
Price / SF$705.08
Days on Market16
Property Features for 106 Graham Avenue 1B
General Information
Standard status
Active
Size
1,241 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$8,268
Building Details
Building Size
1,241 SF
Year Built
2025
Listing Agency:
Compass
(646) 321-0186
Listed By:
Rotem Lindenberg
(646) 321-0186
Source:
Cbwarburg
Added: Jul 31
Changed: Aug 12
Last Checked: Aug 14 at 12:29PM
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
Investment Insights
Based on property information with market context.
This 1,241-square-foot residential income property is arranged as a two-level, two-bedroom, one-and-a-half-bath duplex residence. The upper floor combines an open living area with an integrated kitchen, primary bedroom, full bathroom, hardwood flooring, recessed lighting, and large windows. A fenced backyard extends from the living room, while the lower level provides more than 700 square feet of open recreation space, an additional half bath, and access to a separate outdoor patio. The layout supports a range of residential functions, including office, fitness, or media use in the lower-level area.
Built in 2025, the property includes central air conditioning, electric heat, and washer/dryer hookups. Building amenities include a video intercom, security system, and shared roof deck. The property is located at 106 Graham Avenue 1B, Brooklyn, NY 11206.
Built in 2025, the property includes central air conditioning, electric heat, and washer/dryer hookups. Building amenities include a video intercom, security system, and shared roof deck. The property is located at 106 Graham Avenue 1B, Brooklyn, NY 11206.
Key Highlights
- 1,241‑square‑foot two‑bedroom, one‑and‑a‑half‑bath duplex residence
- More than 700 square feet of open lower‑level recreation space
- Private fenced backyard plus lower‑level outdoor patio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,886
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$757,720
$757.7K
Cap Rate 7%
$541,229
$541.2K
Cap Rate 9%
$420,956
$421.0K
Market Conditions
NOI Build-Up for 1,241 SF
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.
Gross rent
$70.3K $56.64/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$68.9K $55.51/SF
− OpEx
−$31.0K −$24.98/SF
NOI
$37.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$757,720
Cap Rate 7%
$541,229
Cap Rate 9%
$420,956
Alternative Uses
Best Use
Apartment 5plus
$541.2K
$473.6K – $631.4K
NOI $37,886 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.03M
$899.1K – $1.20M
NOI $71,928 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,690
Businesses Nearby
Explore this area
Business Placement
Demographics for 11206, NY
91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level residence with private outdoor areas, flexible lower-level space, and shared rooftop amenities.
Where is this residential income property located?
The property is located at 106 Graham Avenue 1B Brooklyn, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 1,241‑square‑foot two‑bedroom, one‑and‑a‑half‑bath duplex residence; More than 700 square feet of open lower‑level recreation space; Private fenced backyard plus lower‑level outdoor patio
