Two-Family Residential Income
1232 East 92nd Street Brooklyn, NY 11236
For Sale
$884,999
Duplex home with two units, fully finished basement with separate entrance, and a one-car garage with off-street parking.
Property Size1,764 SF
Price / SF$501.70
Days on Market36
Property Features for 1232 East 92nd Street
General Information
- Standard status
- Active
- Size
- 1,764 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1925
Listing Agency:
Power Move Realty
(917) 510-7946
Listed By:
Levar Delmas
(917) 510-7946
Source:
Compass
Added: Jun 18
Changed: Jul 22
Last Checked: Jul 23 at 10:33AM
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 Power Move Realty
Investment Insights
Based on property information with market context.
This two-family duplex includes a first-floor unit with a large living room, galley kitchen, two to three bedrooms, and a full bathroom. The property also has a fully finished basement with a separate entrance, offering a half bath and a dedicated laundry room.
The second-floor unit features a large living room and kitchen area, plus two to three bedrooms. Additional onsite parking includes a one-car garage and off-street parking.
Financed solar panels are in place, with a remaining balance of $50,000; the buyer will be responsible to assume the solar panels directly with the solar company.
The second-floor unit features a large living room and kitchen area, plus two to three bedrooms. Additional onsite parking includes a one-car garage and off-street parking.
Financed solar panels are in place, with a remaining balance of $50,000; the buyer will be responsible to assume the solar panels directly with the solar company.
Key Highlights
- 2‑family duplex with 2 units and a fully finished full basement with separate entrance
- First‑floor unit features 2–3 bedrooms, a full bath, first‑floor bedroom, and first‑floor full bath
- Second‑floor unit offers a large living room and kitchen area plus 2–3 bedrooms
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 | $90.0k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $88.3k | $50.03 |
| − OpEx | −$26.5k | −$15.01 |
| NOI | $61.8k | $35.02 |
1,764 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$882.5K
$772.2K – $1.03M
NOI $61,778 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$769.3K
$673.2K – $897.6K
NOI $53,853 @ 7.0% cap · market cap 6.09%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,241 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brooklyn Community Reach ...
Charitable Organization
FAQs
What type of property is this?
Duplex - Duplex home with two units, fully finished basement with separate entrance, and a one-car garage with off-street parking.
Where is this duplex located?
The property is located at 1232 East 92nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $884,999.
What are key features of this property?
This property features: 2‑family duplex with 2 units and a fully finished full basement with separate entrance; First‑floor unit features 2–3 bedrooms, a full bath, first‑floor bedroom, and first‑floor full bath; Second‑floor unit offers a large living room and kitchen area plus 2–3 bedrooms
