Two-Family Mixed-Use Property with Medical
New
For Sale
$1,975,000
126 95th Street, Brooklyn, NY 11209
Residential, Brooklyn, NY
Property Size3,000 SF
Lot Size0.06 Acres
Price / SF$658.33
Days on Market4
Property Features for 126 95th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
Carport
Interior features
A/C Unit, Central Air, Dishwasher, Refrigerator, Window Treatments
Basement
Full, Finished
Subdivision
Bay Ridge
Standard status
Active
Size
3,000 SF
Lot size
0.06 Acres
Additional Details
Property Use
Medical Office
Condition
Built-Out
Taxes and HOA fees
Tax Annual Amount
14298
Building Details
Year built
1940
Floors in Building
3
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Buildings
1
Listing Agency:
Compass Greater New York, LLC
Listed By:
Athena Salavantis · License #10301218981
(718) 921-0500
Added: Nov 2
Changed: Nov 5
Last Checked: Nov 5 at 2:06PM
MLS# 505720
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick mixed-use property contains two residential apartments and a basement medical office configured for professional use. The first-floor apartment has two bedrooms, while the second-floor unit has three. Both residences include renovated kitchens with granite countertops, updated bathrooms, oak hardwood floors, and split-unit air conditioning. The property also has a shared driveway, carport, and backyard.
Built in 1940, the building contains 3,000 square feet on a 0.0557-acre lot and is zoned R4-1.
Built in 1940, the building contains 3,000 square feet on a 0.0557-acre lot and is zoned R4-1.
Key Highlights
- Two apartments: a two‑bedroom first‑floor unit and a three‑bedroom second‑floor unit
- Basement medical office configured for professional use
- Both apartments feature renovated kitchens, updated bathrooms, oak hardwood floors, and split‑unit air conditioning
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
Location Intelligence
Trade Area within ½ mile
2,432
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?
Mixed-use property - Two residential apartments sit above a basement medical office, with a carport, shared driveway, and backyard.
Where is this mixed-use property 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; Basement medical office configured for professional use; Both apartments feature renovated kitchens, updated bathrooms, oak hardwood floors, and split‑unit air conditioning
