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One-Bedroom Residential Income Property
For Sale
$749,000

106 Graham Avenue 2F, Brooklyn, NY 11206

Contemporary condominium residence with open living space, private bedroom, shared rooftop terrace, and central air conditioning.

Property Size707 SF
Price / SF$1,059
Days on Market54

Property Features for 106 Graham Avenue 2F

General Information

Standard status Active
Size 707 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $4,548

Building Details

Building Size 707 SF
Year Built 2026
Listing Agency: Compass
Listed By: Rotem Lindenberg
Source: Howardhannanyc
Added: Jun 23 Changed: Aug 9 Last Checked: Aug 14 at 12:58PM

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 2F is a 707-square-foot, one-bedroom, one-bathroom condominium in a 2026-built residential building at 106 Graham Avenue in Brooklyn. The interior combines an open living and kitchen arrangement with oversized and floor-to-ceiling windows, hardwood floors, recessed lighting, premium countertops, and a center island. The bedroom provides flexible furnishing space, while the bathroom includes a deep soaking tub.

Central air conditioning, electric heat, and a washer/dryer hookup add practical features. Building amenities include a video intercom, security features, and a shared rooftop terrace. The property is located in Williamsburg, with access to neighborhood dining, shopping, parks, local businesses, and transportation options.

Key Highlights

  • 707 SF one‑bedroom, one‑bathroom condominium residence
  • Located at 106 Graham Avenue 2F, Brooklyn, NY 11206
  • 2026‑built residential building

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
2.88%
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 (±1% cap)
NOI $21,584 @ 7.0% cap · market cap 2.88%
Second Best
no second resolved use
Theoretical Best
Specialty Retail
$585.4K
$512.2K – $683.0K (±1% cap)
NOI $40,978 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Nursing Home Veterinary Clinic Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,690
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Contemporary condominium residence with open living space, private bedroom, shared rooftop terrace, and central air conditioning.
Where is this residential income property located?
The property is located at 106 Graham Avenue 2F Brooklyn, NY.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 707 SF one‑bedroom, one‑bathroom condominium residence; Located at 106 Graham Avenue 2F, Brooklyn, NY 11206; 2026‑built residential building
More about this property
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