Brick 2-Family Duplex with
For Sale
$799,000
Pending
1257 E 85th St, Brooklyn, NY 11236
Two-family brick property with a basement, private driveway, and gated outdoor space.
Property Size1,956 SF
Lot Size0.05 Acres
Days on Market59
Property Features for 1257 E 85th St
General Information
Standard status
Pending
Size
1,956 SF
Total Parking Spaces
2
Lot size
0.05 Acres
Property subtype
Multi Family
Zoning
R5
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,160
Amenities
private gated backyard
fully equipped basement
Building Details
Building Size
1,956 SF
Year Built
1955
Buildings
1
Stories
2
Construction
solid brick
Listing Agency:
Brooklyn Real Property Inc
Listed By:
Jean Paul Ho · License #JPH8888
(718) 713-6888
Source:
Elliman
Added: Aug 13
Changed: Oct 10
Last Checked: Oct 9 at 10:27PM
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 Brooklyn Real Property Inc
Investment Insights
Based on property information with market context.
This solid-brick duplex sits on a 21.5' x 100' lot and contains approximately 1,956 sq. ft. of building area. The approximately 4.5-over-4.5 configuration provides roughly 3 bedrooms on one level and 2 bedrooms on the other, along with living rooms and eat-in kitchens. A finished basement includes a bathroom and its own entrance, adding flexible lower-level space. The property also includes R5 zoning and approximately 1,268 sq. ft. of unused buildable area.
A new concrete driveway accommodates 2 cars, while the gated backyard provides private exterior space. Located at 1257 E 85th St in Brooklyn, the property is near Avenue L shopping, restaurants, bus service, schools, parks, and other neighborhood amenities. WalkScore is 84, BikeScore is 66, and TransitScore is 80. Built in 1955.
A new concrete driveway accommodates 2 cars, while the gated backyard provides private exterior space. Located at 1257 E 85th St in Brooklyn, the property is near Avenue L shopping, restaurants, bus service, schools, parks, and other neighborhood amenities. WalkScore is 84, BikeScore is 66, and TransitScore is 80. Built in 1955.
Key Highlights
- Two‑family brick duplex on a 21.5' x 100' lot
- Approximately 1,956 sq. ft. of building area
- Approximately 1,268 sq. ft. of unused buildable area with R5 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,502
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,370,040
$1.4M
Cap Rate 7%
$978,600
$978.6K
Cap Rate 9%
$761,133
$761.1K
Market Conditions
NOI Build-Up for 1,956 SF
Gross rent
$99.8K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$97.9K $50.03/SF
− OpEx
−$29.4K −$15.01/SF
NOI
$68.5K $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 Rate 5%
$1,370,040
Cap Rate 7%
$978,600
Cap Rate 9%
$761,133
Alternative Uses
Best Use
Multifamily LT 5
$978.6K
$856.3K – $1.14M
NOI $68,502 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$853.1K
$746.4K – $995.3K
NOI $59,715 @ 7.0% cap · market cap 7.47%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,370 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,395
Businesses Nearby
Explore this area
Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family brick property with a basement, private driveway, and gated outdoor space.
Where is this duplex located?
The property is located at 1257 E 85th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family brick duplex on a 21.5' x 100' lot; Approximately 1,956 sq. ft. of building area; Approximately 1,268 sq. ft. of unused buildable area with R5 zoning
