Duplex Condominium with Roof
For Sale
$725,000
111 Vanderbilt Avenue 101A, Brooklyn, NY 11205
The two-bedroom layout spans two levels and includes a deeded parking space.
Property Size1,068 SF
Price / SF$678.84
Days on Market19
Property Features for 111 Vanderbilt Avenue 101A
General Information
Standard status
Active
Size
1,068 SF
Total Parking Spaces
1
Property subtype
Apartment
Property Condition
Severity
Major Repairs Needed
Evidence
full renovation
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Parking per Unit
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,168
Building Details
Building Size
1,068 SF
Year Built
1993
Listing Agency:
Home By Choice LLC
Listed By:
Rodolfo Perez
(347) 417-0079
Source:
Carytamura
Added: Oct 9
Changed: Oct 25
Last Checked: Oct 25 at 12:11AM
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 Home By Choice LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,068-square-foot condominium is configured as a two-bedroom, one-and-a-half-bath duplex, with living and dining areas on the main floor and both bedrooms upstairs. The separate kitchen has a window, dishwasher, and pantry storage; a half bath is also on the main level. A full upstairs bathroom includes a bathtub, and a dedicated closet accommodates a washer and dryer. East- and west-facing windows bring natural light into the home. The unit is offered as-is and will likely require a full renovation.
The condominium community comprises 24 residences in connected townhouse buildings. Unit 101A includes exclusive roof rights and a deeded parking space. The property is professionally managed and pet-friendly.
The condominium community comprises 24 residences in connected townhouse buildings. Unit 101A includes exclusive roof rights and a deeded parking space. The property is professionally managed and pet-friendly.
Key Highlights
- 1,068‑square‑foot two‑bedroom, one‑and‑a‑half‑bath duplex
- Exclusive roof rights and a deeded parking space
- 24‑residence condominium community in connected townhouse buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,605
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,100
$652.1K
Cap Rate 7%
$465,786
$465.8K
Cap Rate 9%
$362,278
$362.3K
Market Conditions
NOI Build-Up for 1,068 SF
Gross rent
$60.5K $56.64/SF
− Vacancy
−$1.2K −$1.13/SF
EGI
$59.3K $55.51/SF
− OpEx
−$26.7K −$24.98/SF
NOI
$32.6K $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%
$652,100
Cap Rate 7%
$465,786
Cap Rate 9%
$362,278
Alternative Uses
Best Use
Apartment 5plus
$465.8K
$407.6K – $543.4K
NOI $32,605 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$884.3K
$773.8K – $1.03M
NOI $61,901 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,981
Businesses Nearby
Explore this area
Business Placement
Demographics for 11205, NY
50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom layout spans two levels and includes a deeded parking space.
Where is this residential income property located?
The property is located at 111 Vanderbilt Avenue 101A Brooklyn, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 1,068‑square‑foot two‑bedroom, one‑and‑a‑half‑bath duplex; Exclusive roof rights and a deeded parking space; 24‑residence condominium community in connected townhouse buildings
