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Renovated Duplex With Garage
For Sale
$1,200,000

1068 E 86TH St, Brooklyn, NY 11236

Legal two-family dwelling with separate residential layouts, private parking, and a finished basement.

Property Size1,000 SF
Days on Market60

Property Features for 1068 E 86TH St

General Information

Standard status Active
Size 1,000 SF
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,776

Building Details

Building Size 1,000 SF
Year Built 1970
Stories 3
Units 3
Listed By: Mark Joseph Berchin
Source: Elliman
Added: Aug 13 Changed: Oct 2 Last Checked: Oct 9 at 10:15PM

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 Mark Joseph Berchin

Investment Insights

Based on property information with market context.

This legal two-family dwelling was built in 1970 and renovated throughout. The configuration includes a three-bedroom, one-and-a-half-bathroom residence over another three-bedroom, one-and-a-half-bathroom residence, plus an additional two-bedroom, one-bathroom level. A finished basement with its own full bathroom adds substantial utility for recreation, office use, storage, or extended living arrangements. Private parking and a one-car garage are included.

The property is located at 1068 E 86TH Street in Brooklyn’s Canarsie neighborhood, near parks, schools, shopping, restaurants, public transportation, and major roadways. Its residential setting combines neighborhood convenience with a flexible layout suited to owner occupancy, multigenerational living, or rental use.

Key Highlights

  • Legal two‑family dwelling at 1068 E 86TH Street, Brooklyn, NY 11236
  • Three‑bedroom, one‑and‑a‑half‑bathroom residence over another three‑bedroom, one‑and‑a‑half‑bathroom residence
  • Additional two‑bedroom, one‑bathroom level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,022
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,440 $700.4K
Cap Rate 7%
$500,314 $500.3K
Cap Rate 9%
$389,133 $389.1K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$51.0K $51.00/SF
− Vacancy
−$969 −$0.97/SF
EGI
$50.0K $50.03/SF
− OpEx
−$15.0K −$15.01/SF
NOI
$35.0K $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%
$700,440
Cap Rate 7%
$500,314
Cap Rate 9%
$389,133

Alternative Uses

Best Use
Multifamily LT 5
$500.3K
$437.8K – $583.7K (±1% cap)
NOI $35,022 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$436.1K
$381.6K – $508.8K (±1% cap)
NOI $30,529 @ 7.0% cap · market cap 2.54%
Theoretical Best
Specialty Retail
$828.0K
$724.5K – $966.0K (±1% cap)
NOI $57,960 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,668
Businesses Nearby

Demographics for 11236, NY

100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family dwelling with separate residential layouts, private parking, and a finished basement.
Where is this duplex located?
The property is located at 1068 E 86TH St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Legal two‑family dwelling at 1068 E 86TH Street, Brooklyn, NY 11236; Three‑bedroom, one‑and‑a‑half‑bathroom residence over another three‑bedroom, one‑and‑a‑half‑bathroom residence; Additional two‑bedroom, one‑bathroom level
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