Duplex Building with
For Sale
$1,595,000
106 Wyckoff Avenue, Brooklyn, NY 11237
Residential Income, Brooklyn, NY
Property Size1,500 SF
Lot Size0.04 Acres
Price / SF$1,063
Days on Market80
Property Features for 106 Wyckoff Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Basement
Full
Elementary school
Ps 123 Suydam
Middle school
Jhs 383 Philippa Schuyler
High school
Brooklyn School For Math And Research (The)
Elementary school district
Brooklyn 32
Middle school district
Brooklyn 32
High school district
Brooklyn 32
Directions
GPS / WAZE
Standard status
Active
APN
03248-0035
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13442
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Buildings
1
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
John J. Ricco · License #10301223525
(646) 247-3290
Added: Aug 14
Changed: Oct 28
Last Checked: Nov 1 at 9:06PM
MLS# 1029950
Copyright © 2026 OneKey MLS. 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 two-story brick property includes a basement, a ground-floor area formerly occupied as a dental office, and an upper level configured as an apartment. The building contains approximately 1,500 square feet above grade and sits on an approximately 15.08' x 111.5' lot. Built in 1900, it has hot-water heating, window and wall/window cooling units, and public water and sewer service.
The property is located directly across from Wyckoff Heights Medical Center at the Bushwick-Ridgewood border, with the DeKalb Avenue L station nearby. Public-record zoning calculations indicate approximately 3,663 square feet of total residential zoning floor area, including approximately 2,164 square feet of unused development potential. Zoning, occupancy, development figures, permitted uses, and any future improvements require independent verification and applicable approvals.
The property is located directly across from Wyckoff Heights Medical Center at the Bushwick-Ridgewood border, with the DeKalb Avenue L station nearby. Public-record zoning calculations indicate approximately 3,663 square feet of total residential zoning floor area, including approximately 2,164 square feet of unused development potential. Zoning, occupancy, development figures, permitted uses, and any future improvements require independent verification and applicable approvals.
Key Highlights
- Two‑story brick building constructed in 1900
- Approximately 1,500 square feet plus a basement
- Approximately 15.08' x 111.5' lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,533
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,660
$1.1M
Cap Rate 7%
$750,471
$750.5K
Cap Rate 9%
$583,700
$583.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$76.5K $51.00/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$75.0K $50.03/SF
− OpEx
−$22.5K −$15.01/SF
NOI
$52.5K $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%
$1,050,660
Cap Rate 7%
$750,471
Cap Rate 9%
$583,700
Alternative Uses
Best Use
Multifamily LT 5
$750.5K
$656.7K – $875.6K
NOI $52,533 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$654.2K
$572.4K – $763.2K
NOI $45,793 @ 7.0% cap · market cap 2.87%
Theoretical Best
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $86,940 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,819
Businesses Nearby
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Business Placement
Demographics for 11237, NY
49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Masonry construction combines a former dental-office layout with an apartment above.
Where is this duplex located?
The property is located at 106 Wyckoff Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Two‑story brick building constructed in 1900; Approximately 1,500 square feet plus a basement; Approximately 15.08' x 111.5' lot
