Brick Multifamily
New
For Sale
$608,000
1107 E 92nd Street, Brooklyn, NY 11236
Residential, Brooklyn, NY
Property Size1,427 SF
Lot Size0.04 Acres
Price / SF$426.07
Days on Market7
Property Features for 1107 E 92nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
Parking features
Garage
Subdivision
Canarsie
Standard status
Active
Size
1,427 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6460
Building Details
Year built
1950
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt
Listing Agency:
RE/MAX Elite
Listed By:
Eric C. Chan
(718) 690-3900
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 26 at 12:06PM
MLS# 505482
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 1,427-square-foot brick residence was built in 1950 and contains four bedrooms and two bathrooms. Hardwood flooring, an asphalt roof, and a garage are among its existing features. The property requires work and is offered in as-is condition, with an all-cash buyer sought.
The 0.0399-acre parcel is zoned R4-1. Nearby transportation includes the L train and B6, B7, and B8 bus routes. Canarsie Park is also in the surrounding area.
The 0.0399-acre parcel is zoned R4-1. Nearby transportation includes the L train and B6, B7, and B8 bus routes. Canarsie Park is also in the surrounding area.
Key Highlights
- 1,427‑square‑foot brick residence with four bedrooms and two bathrooms
- 0.0399‑acre parcel zoned R4‑1
- Built in 1950; includes a garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,565
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,300
$871.3K
Cap Rate 7%
$622,357
$622.4K
Cap Rate 9%
$484,056
$484.1K
Market Conditions
NOI Build-Up for 1,427 SF
Gross rent
$80.8K $56.64/SF
− Vacancy
−$1.6K −$1.13/SF
EGI
$79.2K $55.51/SF
− OpEx
−$35.6K −$24.98/SF
NOI
$43.6K $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 Rate 5%
$871,300
Cap Rate 7%
$622,357
Cap Rate 9%
$484,056
Alternative Uses
Best Use
Apartment 5plus
$622.4K
$544.6K – $726.1K
NOI $43,565 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,709 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,494
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - The residence has four bedrooms, two bathrooms, a garage, and requires renovation.
Where is this multifamily property located?
The property is located at 1107 E 92nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $608,000.
What are key features of this property?
This property features: 1,427‑square‑foot brick residence with four bedrooms and two bathrooms; 0.0399‑acre parcel zoned R4‑1; Built in 1950; includes a garage
