6-Unit Rent-Stabilized Apartment
1060 ROGERS Avenue, Brooklyn, NY 11226
For Sale
$1,399,000
Well-kept 6-unit rent-stabilized building with 1- and 2-bedroom apartments.
Property Size4,800 SF
Price / SF$291.46
Days on Market201
Property Features for 1060 ROGERS Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Revived Residential
Listed By:
Gregory Valvo
(718) 795-6263
Source:
Howardhannanyc
Added: Apr 29
Changed: Nov 4
Last Checked: Nov 14 at 12:31PM
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 Revived Residential
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Investment Insights
Based on property information with market context.
1060 Rogers Avenue is a well-kept 6-unit, rent-stabilized apartment building with approximately 4,800 square feet of living space. The building offers a mix of 1- and 2-bedroom units with a total of 15 rooms, including 9 bedrooms and 9 baths. Interiors include a clean, well-kept foyer and hallway leading to individual apartments. Units feature gleaming hardwood floors throughout, along with abundant natural light.
Set in the East Flatbush area of Brooklyn, the property is surrounded by the neighborhood’s dining and cultural offerings, with easy access to various transportation links and nearby parks.
Built in 1930, this apartment building is presented in good condition and offers a straightforward setup for an owner seeking a small multifamily asset within a well-established Brooklyn neighborhood.
Set in the East Flatbush area of Brooklyn, the property is surrounded by the neighborhood’s dining and cultural offerings, with easy access to various transportation links and nearby parks.
Built in 1930, this apartment building is presented in good condition and offers a straightforward setup for an owner seeking a small multifamily asset within a well-established Brooklyn neighborhood.
Key Highlights
- 6‑unit rent‑stabilized apartment building at 1060 Rogers Avenue, Brooklyn
- Approximately 4,800 square feet of residential space
- Unit mix includes 1- and 2‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,527
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,540
$2.3M
Cap Rate 7%
$1,607,529
$1.6M
Cap Rate 9%
$1,250,300
$1.3M
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$213.1K $44.40/SF
− Vacancy
−$8.5K −$1.78/SF
EGI
$204.6K $42.62/SF
− OpEx
−$92.1K −$19.18/SF
NOI
$112.5K $23.44/SF
Area
ZIP 11226
Vacancy
4.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,540
Cap Rate 7%
$1,607,529
Cap Rate 9%
$1,250,300
Alternative Uses
Best Use
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,527 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.08M – $2.77M
NOI $166,072 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,917
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Brooklyn, NY
Properties on Market for Apartment buildings in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-kept 6-unit rent-stabilized building with 1- and 2-bedroom apartments.
Where is this apartment building located?
The property is located at 1060 ROGERS Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 6‑unit rent‑stabilized apartment building at 1060 Rogers Avenue, Brooklyn; Approximately 4,800 square feet of residential space; Unit mix includes 1- and 2‑bedroom apartments
