Two-Family Townhouse with
1102 Prospect Place Brooklyn, NY 11213
1102 Prospect Place, Brooklyn, NY, 11213
$2,895,000
For Sale
$2,895,000
Two separate residences plus a finished basement with kitchenette provide flexible income and living options.
Property Size3,725 SF
Price / SF$777.18
Days on Market181
Property Features for 1102 Prospect Place
General Information
- Standard status
- Active
- Size
- 3,725 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1901
Listing agency
Compass
(917) 246-8581
Listed by
Tali Berzak · License #10301209148
(917) 246-8581
Source
Compass
Added: Jan 22 Updated: Jul 22 at 1:06AM Checked: Jul 22 at 9:03AM
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.
1102 Prospect Place is a two-family townhouse arranged as an owner’s duplex with multiple bedrooms and baths, plus a separate garden floor residence with its own entrance. The parlor-level living and dining area leads into a kitchen featuring arched walls, ample cabinetry, an eat-in banquette, and premium appliances, including a Wolf range and integrated Fisher & Paykel refrigerator and dishwasher. Double glass doors open to a terrace from the main living space. The upper level includes a primary bedroom with an ensuite bathroom and soaking tub, along with additional bedrooms and a full bathroom.
The garden floor unit offers two bedrooms and two full bathrooms, with its own kitchen, living area, and outdoor space, along with direct access separate from the upper duplex. A fully finished basement includes a half bath and kitchenette, suitable for a rec room and in-home gym.
The home spans multiple levels and combines classic townhouse character with modern finishes and layouts designed for both day-to-day use and hosting.
The garden floor unit offers two bedrooms and two full bathrooms, with its own kitchen, living area, and outdoor space, along with direct access separate from the upper duplex. A fully finished basement includes a half bath and kitchenette, suitable for a rec room and in-home gym.
The home spans multiple levels and combines classic townhouse character with modern finishes and layouts designed for both day-to-day use and hosting.
Key Highlights
- 1901‑built two‑family townhouse with classic fa ade and multiple levels
- Owners duplex includes parlor‑level living and dining, kitchen with Wolf range plus Fisher & Paykel fridge and dishwasher
- Parlor level features direct access to a terrace via large windows and double glass doors
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $190.0k | $51.00 |
| − Vacancy | −$3.6k | −$0.97 |
| EGI | $186.4k | $50.03 |
| − OpEx | −$55.9k | −$15.01 |
| NOI | $130.5k | $35.02 |
3,725 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.86M
$1.63M – $2.17M
NOI $130,456 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$1.62M
$1.42M – $1.90M
NOI $113,720 @ 7.0% cap · market cap 3.93%
Theoretical Best
Specialty Retail
$3.08M
$2.70M – $3.60M
NOI $215,901 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate residences plus a finished basement with kitchenette provide flexible income and living options.
Where is this duplex located?
The property is located at 1102 Prospect Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: 1901‑built two‑family townhouse with classic fa ade and multiple levels; Owners duplex includes parlor‑level living and dining, kitchen with Wolf range plus Fisher & Paykel fridge and dishwasher; Parlor level features direct access to a terrace via large windows and double glass doors
