Four-Bedroom
For Sale
$715,000
126 Crystal Street, Brooklyn, NY 11208
Residential, Duplex, Brooklyn, NY
Property Size1,356 SF
Lot Size0.05 Acres
Price / SF$527.29
Days on Market801
Property Features for 126 Crystal Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
E5B
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
East New York
Standard status
Active
Size
1,356 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2331
Building Details
Year built
1925
Flooring type
Hardwood
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Century 21 Homefront Realty
Listed By:
Delroy S. Folkes
(718) 252-6060
Added: Jul 1, 2024
Changed: Sep 5
Last Checked: Sep 9 at 9:06PM
MLS# 484336
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.
Investment Insights
Based on property information with market context.
This duplex contains 1,356 square feet with four bedrooms, two bathrooms, and a full finished basement. Interior features include hardwood flooring, a refrigerator, and a stove. The property has an asphalt roof and was built in 1925. It is offered in as-is condition, with current tenants in place during the sale process.
The 0.0459-acre property is located in Brooklyn, NY 11208 and carries E5B zoning. The configuration includes four bedrooms and two bathrooms, providing a defined residential layout for an owner or investor evaluating a duplex asset.
The 0.0459-acre property is located in Brooklyn, NY 11208 and carries E5B zoning. The configuration includes four bedrooms and two bathrooms, providing a defined residential layout for an owner or investor evaluating a duplex asset.
Key Highlights
- 1,356 square feet with four bedrooms and two bathrooms
- Full finished basement
- E5B zoning
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
$34,809
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
4.87%
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%
$696,180
$696.2K
Cap Rate 7%
$497,271
$497.3K
Cap Rate 9%
$386,767
$386.8K
Market Conditions
NOI Build-Up for 1,356 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
$52.1K $38.40/SF
− Vacancy
−$2.3K −$1.73/SF
EGI
$49.7K $36.67/SF
− OpEx
−$14.9K −$11.00/SF
NOI
$34.8K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /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%
$696,180
Cap Rate 7%
$497,271
Cap Rate 9%
$386,767
Alternative Uses
Best Use
Multifamily LT 5
$497.3K
$435.1K – $580.2K
NOI $34,809 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$442.8K
$387.4K – $516.6K
NOI $30,994 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$829.7K
$726.0K – $968.0K
NOI $58,079 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,997
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom duplex with a finished basement, hardwood flooring, and existing kitchen appliances.
Where is this duplex located?
The property is located at 126 Crystal Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: 1,356 square feet with four bedrooms and two bathrooms; Full finished basement; E5B zoning
