Midwood Two-Family Home with
For Sale
$1,179,000
1077 E 36th St, Brooklyn, NY 11210
Spacious, semi-detached two-family home in Midwood with a garage.
Property Size2,250 SF
Lot Size0.05 Acres
Price / SF$977.61
Days on Market118
Property Features for 1077 E 36th St
General Information
Standard status
Active
Size
2,250 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,246
Building Details
Building Size
2,250 SF
Stories
2
Listing Agency:
Madison Estates & Properties
Listed By:
Babak Bazargan
(718) 645-1665
Source:
Elliman
Added: May 12
Changed: Sep 2
Last Checked: Sep 5 at 8:49AM
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 Madison Estates & Properties
Investment Insights
Based on property information with market context.
This semi-detached, oversized two-family home is located in Midwood. Situated on a 22.5 x 100 lot, the building measures 18x67. The first floor features three bedrooms, a formal living room, a dining room, a kitchen with granite countertops, stainless steel appliances, and two sinks, a full bath, closet space, hardwood floors, and split-unit AC/heat. The second floor offers two bedrooms, a formal living room, a dining room, a kitchen with granite countertops, cabinets, and two sinks, a washer and dryer, a full bath, closet space, hardwood floors, split-unit AC/heat, and a balcony. The full finished basement includes three additional rooms, a laundry area, and a 3/4 bath, with both interior access and a separate rear entrance. The property includes a private backyard and a shared driveway leading to a detached garage. The house will be delivered vacant. The property has a bike score of 64, making it bikeable, a walk score of 80, making it very walkable, and a transit score of 79, indicating excellent transit options.
Key Highlights
- Delivered Vacant: Ready for your immediate occupancy or rental plans.
- Two Separate Units: Perfect for generating rental income or accommodating multi‑generational living.
- Finished Basement: Features 3 rooms, laundry, and a 3/4 bath with interior and separate rear access.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,236
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$844,720
$844.7K
Cap Rate 7%
$603,371
$603.4K
Cap Rate 9%
$469,289
$469.3K
Market Conditions
NOI Build-Up for 1,206 SF
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.
Gross rent
$61.5K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$60.3K $50.03/SF
− OpEx
−$18.1K −$15.01/SF
NOI
$42.2K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$844,720
Cap Rate 7%
$603,371
Cap Rate 9%
$469,289
Alternative Uses
Best Use
Multifamily LT 5
$603.4K
$528.0K – $703.9K
NOI $42,236 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$526.0K
$460.2K – $613.6K
NOI $36,818 @ 7.0% cap · market cap 3.12%
Theoretical Best
Specialty Retail
$998.6K
$873.8K – $1.17M
NOI $69,900 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,538
Businesses Nearby
Explore this area
Business Placement
Demographics for 11210, NY
62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Spacious, semi-detached two-family home in Midwood with a garage.
Where is this duplex located?
The property is located at 1077 E 36th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,179,000.
What are key features of this property?
This property features: Delivered Vacant: Ready for your immediate occupancy or rental plans.; Two Separate Units: Perfect for generating rental income or accommodating multi‑generational living.; Finished Basement: Features 3 rooms, laundry, and a 3/4 bath with interior and separate rear access.
