One-Bedroom Residential Income
For Sale
$748,000
106 Graham Avenue 2B, Brooklyn, NY 11206
Contemporary condominium residence with an open layout, shared rooftop terrace, central air, and in-unit laundry hookup.
Property Size707 SF
Price / SF$1,057
Days on Market119
Property Features for 106 Graham Avenue 2B
General Information
Standard status
Active
Size
707 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,542
Amenities
shared rooftop terrace
video intercom and security system
Building Details
Building Size
707 SF
Year Built
2025
Listing Agency:
Compass
Listed By:
Rotem Lindenberg
(646) 321-0186
Source:
Serhant
Added: May 12
Changed: Aug 26
Last Checked: Sep 7 at 7:39AM
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.
Residence 2B is a newly built condominium home completed in 2025, offering approximately 707 square feet with one bedroom and one bathroom. The interior features an open living and dining arrangement, floor-to-ceiling windows, hardwood floors, recessed lighting, and a kitchen with premium countertops and a substantial island. The bathroom includes contemporary finishes and a deep soaking tub, while central air conditioning, electric heat, and a washer/dryer hookup add everyday functionality.
The building provides a shared rooftop terrace, video intercom, and security system. This second-floor residence is located at 106 Graham Avenue in Brooklyn’s Williamsburg neighborhood, near restaurants, cafes, shopping, and cultural destinations. The property does not include a private outdoor area.
The building provides a shared rooftop terrace, video intercom, and security system. This second-floor residence is located at 106 Graham Avenue in Brooklyn’s Williamsburg neighborhood, near restaurants, cafes, shopping, and cultural destinations. The property does not include a private outdoor area.
Key Highlights
- Approximately 707 square feet with one bedroom and one bathroom
- Completed in 2025 as part of a boutique condominium development
- Open living and dining layout with floor‑to‑ceiling windows
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
$21,584
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
2.89%
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%
$431,680
$431.7K
Cap Rate 7%
$308,343
$308.3K
Cap Rate 9%
$239,822
$239.8K
Market Conditions
NOI Build-Up for 707 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
$40.0K $56.64/SF
− Vacancy
−$801 −$1.13/SF
EGI
$39.2K $55.51/SF
− OpEx
−$17.7K −$24.98/SF
NOI
$21.6K $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%
$431,680
Cap Rate 7%
$308,343
Cap Rate 9%
$239,822
Alternative Uses
Best Use
Apartment 5plus
$308.3K
$269.8K – $359.7K
NOI $21,584 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$585.4K
$512.2K – $683.0K
NOI $40,978 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
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 - Contemporary condominium residence with an open layout, shared rooftop terrace, central air, and in-unit laundry hookup.
Where is this residential income property located?
The property is located at 106 Graham Avenue 2B Brooklyn, NY.
What is the asking price?
The asking price for this property is $748,000.
What are key features of this property?
This property features: Approximately 707 square feet with one bedroom and one bathroom; Completed in 2025 as part of a boutique condominium development; Open living and dining layout with floor‑to‑ceiling windows
