Two-Unit Duplex
For Sale
Contact for pricing
113 Clifton Pl, Brooklyn, NY 11238
Two-story residential property containing two units.
Property Size2,800 SF
Price / SF$1,000
Days on Market133
Property Features for 113 Clifton Pl
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multifamily
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Buildings
1
Stories
2
Units
2
Tenancy
Single
Listing Agency:
Asset Commercial Realty Group
Listed By:
Yuriy Ustoyev · License #NY
(718) 887-9090
Source:
Crexi
Added: Jun 18
Changed: Oct 26
Last Checked: Oct 26 at 3:35PM
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 Asset Commercial Realty Group
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Investment Insights
Based on property information with market context.
Located at 113 Clifton Pl in Brooklyn, NY 11238, this two-story duplex building contains 2,800 built square feet and two residential units. The property offers a straightforward configuration within a single residential structure.
Classon Ave [G] subway station is nearby, with service providing access to Manhattan and other Brooklyn neighborhoods.
Classon Ave [G] subway station is nearby, with service providing access to Manhattan and other Brooklyn neighborhoods.
Key Highlights
- Two‑story duplex building
- 2,800 built square feet
- Two residential units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,061
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,961,220
$2.0M
Cap Rate 7%
$1,400,871
$1.4M
Cap Rate 9%
$1,089,567
$1.1M
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$142.8K $51.00/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$140.1K $50.03/SF
− OpEx
−$42.0K −$15.01/SF
NOI
$98.1K $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%
$1,961,220
Cap Rate 7%
$1,400,871
Cap Rate 9%
$1,089,567
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.63M
NOI $98,061 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,481 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.70M
NOI $162,288 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,921
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-story residential property containing two units.
Where is this duplex located?
The property is located at 113 Clifton Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Two‑story duplex building; 2,800 built square feet; Two residential units
