East Flatbush Two-Family Corner
891 Linden Boulevard Brooklyn, NY 11203
891 Linden Boulevard, Brooklyn, NY, 11203
$1,050,000
Pending
For Sale
$1,050,000
Pending
Two-family detached brick property in East Flatbush with garage.
Property Size2,480 SF
Lot Size0.06 Acres
Days on Market747
Property Features for 891 Linden Boulevard
General Information
- Standard status
- Pending
- Size
- 2,480 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing agency
HOMWRX
(209) 405-4793
Listed by
Michael Alexander · License #02198600
(209) 405-4793
Source
Exitrealty
Added: Jul 6, 2024 Updated: Jul 6 at 12:20PM Checked: Jul 21 at 6:20AM
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 HOMWRX
Investment Insights
Based on property information with market context.
This is a detached, two-family, all-brick corner property located in East Flatbush. The property contains a total of 6 bedrooms and two full bathrooms, and features hardwood floors throughout. A detached two-car garage is included, along with a front and backyard. The building is situated on a corner lot, with one side facing a quiet, tree-lined block on East 57th Street. The property is centrally located near major roadways, including Linden Boulevard and Kings Highway. The property size is 2480 square feet.
Key Highlights
- Extra large, detached, all‑brick two‑family corner property.
- Features 6 bedrooms and two full bathrooms.
- Includes a totally detached two‑car garage.
Local 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 | $126.5k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $124.1k | $50.03 |
| − OpEx | −$37.2k | −$15.01 |
| NOI | $86.9k | $35.02 |
2,480 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,854 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$1.08M
$946.4K – $1.26M
NOI $75,712 @ 7.0% cap · market cap 7.21%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.40M
NOI $143,741 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family detached brick property in East Flatbush with garage.
Where is this duplex located?
The property is located at 891 Linden Boulevard Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Extra large, detached, all‑brick two‑family corner property.; Features 6 bedrooms and two full bathrooms.; Includes a totally detached two‑car garage.
