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Brooklyn Two-Family House with Porch
For Sale
$675,000
Pending

1115 E 102nd St, Brooklyn, NY 11236

Two-family house with porch, driveway, and backyard in Brooklyn.

Property Size1,612 SF
Lot Size0.06 Acres
Days on Market317

Property Features for 1115 E 102nd St

General Information

Standard status Pending
Size 1,612 SF
Lot size 0.06 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $5,261

Building Details

Building Size 1,612 SF
Year Built 1955
Units 2
Listing Agency: ABC REAL ESTATE SERVICES INC
Listed By: Dylan Williams
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 5 Last Checked: Oct 11 at 6:14AM

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 ABC REAL ESTATE SERVICES INC

Investment Insights

Based on property information with market context.

This semi-detached two-family house features a porch, private driveway, and backyard. The property includes two apartments, each with 2 bedrooms and 1 bath. Each apartment has separate boilers and water heaters. The house will be delivered vacant. The property is being sold in AS-IS condition. Interior features include a combined living room and dining room. Additional features include a separate hot water heater.

Key Highlights

  • Delivered Vacant: Ready for immediate occupancy or rental.
  • Two‑Family House: Great for rental income or multi‑generational living.
  • Private Driveway: Enjoy convenient off‑street parking.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,455
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,100 $1.1M
Cap Rate 7%
$806,500 $806.5K
Cap Rate 9%
$627,278 $627.3K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$82.2K $51.00/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$80.6K $50.03/SF
− OpEx
−$24.2K −$15.01/SF
NOI
$56.5K $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%
$1,129,100
Cap Rate 7%
$806,500
Cap Rate 9%
$627,278

Alternative Uses

Best Use
Multifamily LT 5
$806.5K
$705.7K – $940.9K (±1% cap)
NOI $56,455 @ 7.0% cap · market cap 8.36%
Second Best
Apartment 5plus
$703.0K
$615.2K – $820.2K (±1% cap)
NOI $49,213 @ 7.0% cap · market cap 7.29%
Theoretical Best
Specialty Retail
$1.33M
$1.17M – $1.56M (±1% cap)
NOI $93,432 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

DIGITAL FIESTA Business Management Consultant

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,714
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family house with porch, driveway, and backyard in Brooklyn.
Where is this duplex located?
The property is located at 1115 E 102nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Delivered Vacant: Ready for immediate occupancy or rental.; Two‑Family House: Great for rental income or multi‑generational living.; Private Driveway: Enjoy convenient off‑street parking.
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