East Flatbush Two-Family Limestone Home

900 Brooklyn Ave Brooklyn, NY 11203

Claim this Listing
For Sale
$1,100,000

Spacious 2-family home in East Flatbush with customization potential.

Type:Multi Family
Property size:
2,048 SF
Price / SF:
$537/SF
Added:
May 20, 2026
Days on Market:
52
Last Refresh:
Jul 2 at 11:34 am

Property Features for 900 Brooklyn Ave

General Information

Standard status
Active
Size
2,048 SF
Property subtype
Multi Family

Building Details

Year Built
1910

Listing office Awaye Realty Management LLC

Listing date May 20, 2026

Source Elliman

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 Awaye Realty Management LLC


Investment Insights

Based on property information with market context.

Located in the heart of East Flatbush, Brooklyn, 900 Brooklyn Avenue is a spacious 2-family attached limestone home. This property, featuring approximately 2,048 square feet of interior space, will be delivered vacant. It offers an opportunity for investors, contractors, or buyers looking to customize a home. The property features original character, generous room sizes, and flexible living layouts. Both units feature spacious layouts with abundant natural light. The first level offers 6 rooms including a large living room, formal dining room, 2 bedrooms, 1 full bathroom, storage area, and a windowed kitchen with access to a bright sunroom and cozy outdoor patio area. The second level features a 7-room layout with 3 bedrooms, office space, open living area, kitchen, and 1 full bathroom. A skylight in the hallway adds warmth and natural light to the upper level. The full semi-finished basement includes a separate entrance, spacious open area, laundry room, boiler room, and a 3/4 bathroom. The property is conveniently located near shopping, restaurants, schools, parks, Kings County Hospital, SUNY Downstate Hospital, and public transportation including the B35 bus and nearby 2 and 5 subway lines. Easy access to Linden Boulevard, Church Avenue, and Flatbush Avenue allows for convenient travel throughout Brooklyn and into Manhattan. The location has a walk score of 95, a bike score of 83, and a transit score of 100.

Key Highlights

  • Delivered Vacant: Ideal for immediate renovation, customization, or rental income generation.
  • Excellent Transit Score (100): Rider's Paradise, with convenient access to public transportation.
  • Two‑Family Limestone: Classic Brooklyn architecture with potential for multi‑generational living or rental income.

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 $104.4k $51.00
− Vacancy −$2.0k −$0.97
EGI $102.5k $50.03
− OpEx −$30.7k −$15.01
NOI $71.7k $35.02
2,048 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$896.6K – $1.20M (±1% cap)
NOI $71,724 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$893.2K
$781.5K – $1.04M (±1% cap)
NOI $62,523 @ 7.0% cap · market cap 5.68%
Theoretical Best
Specialty Retail
$1.70M
$1.48M – $1.98M (±1% cap)
NOI $118,702 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture Skin Care Clinic Nursing Home Nursing Home Carpet & Flooring Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Spacious 2-family home in East Flatbush with customization potential.
Where is this duplex located?
The property is located at 900 Brooklyn Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Delivered Vacant: Ideal for immediate renovation, customization, or rental income generation.; Excellent Transit Score (100): Rider's Paradise, with convenient access to public transportation.; Two‑Family Limestone: Classic Brooklyn architecture with potential for multi‑generational living or rental income.
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