Two-Family Residential Income
1190 E 93rd Street Brooklyn, NY 11236
For Sale
Contact for pricing
Move-in-ready two-family home with two separate 3-bedroom units plus a finished basement for added flexibility.
Property Size2,040 SF
Lot Size0.05 Acres
Price / SF$735.29
Days on Market63
Property Features for 1190 E 93rd Street
General Information
Standard status
Active
Size
2,040 SF
Lot size
0.05 Acres
Property subtype
Multifamily
Building Details
Year Built
1915
Listing Agency:
Top Choice Realty LLC
(929) 488-3666
Listed By:
Ola Tleis · License #10401350313
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 27 at 9:11AM
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 Top Choice Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained two-family residence offers two spacious units, each laid out with three bedrooms, bright living and dining areas, and well-kept kitchens and bathrooms. The home includes central air conditioning and private outdoor space, supporting comfortable year-round living. A fully finished basement adds meaningful extra flexibility, featuring an additional bedroom, a full bathroom, and an additional kitchen for extended family, guests, or adaptable living arrangements.
Located in Canarsie, the property is described as being conveniently near shopping, schools, transportation, parks, and major conveniences. The home sits on an oversized lot, with the building described as approximately 18’ by 59’. It is presented as move-in ready and maintained with clear pride of ownership.
For an owner-occupant, the layout supports multigenerational living or the ability to offset housing costs with rental income. For investors, the configuration of two separate 3-bedroom units plus the finished basement creates multiple ways to utilize the overall space while keeping the property in excellent, maintained condition.
Located in Canarsie, the property is described as being conveniently near shopping, schools, transportation, parks, and major conveniences. The home sits on an oversized lot, with the building described as approximately 18’ by 59’. It is presented as move-in ready and maintained with clear pride of ownership.
For an owner-occupant, the layout supports multigenerational living or the ability to offset housing costs with rental income. For investors, the configuration of two separate 3-bedroom units plus the finished basement creates multiple ways to utilize the overall space while keeping the property in excellent, maintained condition.
Key Highlights
- Two‑family home built in 1915 on an oversized 22×100 lot
- Two separate 3‑bedroom units with bright living and dining areas
- Well‑kept kitchens and bathrooms in each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.0k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $102.1k | $50.03 |
| − OpEx | −$30.6k | −$15.01 |
| NOI | $71.4k | $35.02 |
2,040 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$893.1K – $1.19M
NOI $71,444 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$889.7K
$778.5K – $1.04M
NOI $62,279 @ 7.0% cap · market cap 4.15%
Theoretical Best
Specialty Retail
$1.69M
$1.48M – $1.97M
NOI $118,238 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Move-in-ready two-family home with two separate 3-bedroom units plus a finished basement for added flexibility.
Where is this duplex located?
The property is located at 1190 E 93rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Two‑family home built in 1915 on an oversized 22×100 lot; Two separate 3‑bedroom units with bright living and dining areas; Well‑kept kitchens and bathrooms in each unit
