Two-Unit Duplex with Medical
New
For Sale
$1,975,000
126 95th Street, Brooklyn, NY 11209
Two apartments are complemented by a basement medical office, driveway, carport, and backyard.
Property Size3,000 SF
Price / SF$658.33
Days on Market4
Property Features for 126 95th Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Multi Family
Additional Details
Floor
Basement
Office Units
1
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$14,298
Building Details
Building Size
3,000 SF
Year Built
1940
Buildings
1
Tenancy
Single
Listing Agency:
Compass
Listed By:
ATHENA SALAVANTIS · License #10301218981
(917) 992-4905
Source:
Carlinwright
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:19PM
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 Compass
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Investment Insights
Based on property information with market context.
This 3,000-square-foot duplex, built in 1940, contains two apartments and a legal medical office in the basement. The first-floor unit has two bedrooms, while the second-floor unit has three. Both apartments include renovated kitchens with granite countertops, updated bathrooms, oak hardwood floors, and split-unit air conditioning. The basement office is configured for medical use.
The property also includes a shared driveway, a carport, and a backyard.
The property also includes a shared driveway, a carport, and a backyard.
Key Highlights
- Two apartments: a two‑bedroom first‑floor unit and a three‑bedroom second‑floor unit
- Legal basement medical office configured for professional use
- Both apartments feature renovated kitchens with granite countertops and updated bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,900
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,000
$2.2M
Cap Rate 7%
$1,555,714
$1.6M
Cap Rate 9%
$1,210,000
$1.2M
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$198.0K $66.00/SF
− Vacancy
−$23.8K −$7.92/SF
EGI
$174.2K $58.08/SF
− OpEx
−$65.3K −$21.78/SF
NOI
$108.9K $36.30/SF
Area
Brooklyn, NY
Vacancy
12.00%
Lease Rate
$66.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,000
Cap Rate 7%
$1,555,714
Cap Rate 9%
$1,210,000
Alternative Uses
Best Use
Mixed Use
$1.56M
$1.36M – $1.82M
NOI $108,900 @ 7.0% cap · market cap 5.51%
Second Best
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 5.32%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,733
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments are complemented by a basement medical office, driveway, carport, and backyard.
Where is this duplex located?
The property is located at 126 95th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Two apartments: a two‑bedroom first‑floor unit and a three‑bedroom second‑floor unit; Legal basement medical office configured for professional use; Both apartments feature renovated kitchens with granite countertops and updated bathrooms
