Brooklyn Multifamily Property For
For Sale
$625,000
Pending
1131 E 101st St, Brooklyn, NY 11236
Multifamily property in Brooklyn available as a short sale.
Property Size1,856 SF
Lot Size0.05 Acres
Days on Market335
Property Features for 1131 E 101st St
General Information
Standard status
Pending
Size
1,856 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$6,147
Building Details
Building Size
1,856 SF
Year Built
1955
Stories
2
Listing Agency:
RE/MAX Real Estate Professiona
Listed By:
Hugo Salazar · License #31SA1010105
(718) 532-2000
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:53AM
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 RE/MAX Real Estate Professiona
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Investment Insights
Based on property information with market context.
This multifamily property is located in Brooklyn, New York. The property is currently listed for sale as a short sale.
Key Highlights
- Short sale
- Year Built: 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,662
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,133,240
$1.1M
Cap Rate 7%
$809,457
$809.5K
Cap Rate 9%
$629,578
$629.6K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$105.1K $56.64/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$103.0K $55.51/SF
− OpEx
−$46.4K −$24.98/SF
NOI
$56.7K $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%
$1,133,240
Cap Rate 7%
$809,457
Cap Rate 9%
$629,578
Alternative Uses
Best Use
Apartment 5plus
$809.5K
$708.3K – $944.4K
NOI $56,662 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.54M
$1.34M – $1.79M
NOI $107,574 @ 7.0% cap · market cap 17.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,714
Businesses Nearby
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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
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property in Brooklyn available as a short sale.
Where is this multifamily property located?
The property is located at 1131 E 101st St Brooklyn, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Short sale; Year Built: 1955
