38 Corbin Pl Brooklyn, NY 11235
Renovated two-family home near boardwalk, beaches, and subway.
- Added:
- Apr 28, 2026
- Days on Market:
- 77
- Last Refresh:
- Jul 2 at 12:41 pm
Property Features for 38 Corbin Pl
General Information
- Standard status
- Active
- Size
- 1,877 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1940
Listing office Tiger Realty (917) 708-9966
Listing date Apr 28, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Brighton Beach location: Steps from the boardwalk, beaches, shopping, dining, and subway lines.
- Two‑family home: Ideal for generating rental income or multi‑generational living.
- Recently renovated: Modern updates throughout both units, move‑in ready condition.
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 | $95.7k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $93.9k | $50.03 |
| − OpEx | −$28.2k | −$15.01 |
| NOI | $65.7k | $35.02 |
