Three-Level Multifamily
For Sale
$1,100,000
1260 E 84th Street, Brooklyn, NY 11236
Renovated interiors span three levels, with separate access to the basement and additional second-floor entrances.
Property Size1,932 SF
Price / SF$569.36
Days on Market28
Property Features for 1260 E 84th Street
General Information
Standard status
Active
Size
1,932 SF
Total Parking Spaces
2
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$6,742
Amenities
Chandelier
Eat-in Kitchen
ENERGY STAR Qualified Door(s)
High Ceilings
Kitchen Island
Marble Counters
Natural Woodwork
Open Kitchen
Pantry
Recessed Lighting
Smart Thermostat
Storage
Awning(s)
Mailbox
Rain Gutters
Building Details
Building Size
1,932 SF
Year Built
1940
Stories
3
Units
3
Listing Agency:
LAFFEY REAL ESTATE
(718) 224-3900
Listed By:
Cheryl Lewis Murray
(347) 894-6625
Source:
Halknopfrealty
Added: Sep 30
Changed: Oct 25
Last Checked: Oct 26 at 4:01AM
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 LAFFEY REAL ESTATE
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Investment Insights
Based on property information with market context.
This renovated multifamily property at 1260 E 84th Street in Brooklyn contains 1,932 square feet across three levels. The layout includes 8 bedrooms and 5 full bathrooms. A separate entrance serves the basement, while the second floor has two entrances in addition to the main entrance.
Built in 1940, the property is located in the Canarsie area of Brooklyn. Its multi-level configuration and multiple points of entry are key features of the existing layout.
Built in 1940, the property is located in the Canarsie area of Brooklyn. Its multi-level configuration and multiple points of entry are key features of the existing layout.
Key Highlights
- 1,932 square feet across three levels
- 8 bedrooms and 5 full bathrooms
- Basement has a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,982
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,640
$1.2M
Cap Rate 7%
$842,600
$842.6K
Cap Rate 9%
$655,356
$655.4K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$109.4K $56.64/SF
− Vacancy
−$2.2K −$1.13/SF
EGI
$107.2K $55.51/SF
− OpEx
−$48.3K −$24.98/SF
NOI
$59.0K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,179,640
Cap Rate 7%
$842,600
Cap Rate 9%
$655,356
Alternative Uses
Best Use
Apartment 5plus
$842.6K
$737.3K – $983.0K
NOI $58,982 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.60M
$1.40M – $1.87M
NOI $111,979 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,133
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Multifamily property - Renovated interiors span three levels, with separate access to the basement and additional second-floor entrances.
Where is this multifamily property located?
The property is located at 1260 E 84th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 1,932 square feet across three levels; 8 bedrooms and 5 full bathrooms; Basement has a separate entrance
