Turnkey Two-Unit
1269 E 94th St Brooklyn, NY 11236
New
1269 E 94th St, Brooklyn, NY, 11236
$980,000
For Sale
$980,000
Renovated 1921 duplex with two mirror-image 3-bedroom units, hardwood floors, and a finished floor-through basement.
Property Size1,872 SF
Price / SF$523.50
Days on Market4
Property Features for 1269 E 94th St
General Information
- Standard status
- Active
- Size
- 1,872 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing agency
Keller Williams Realty Empire
(646) 820-8441
Listed by
Alana McIntosh · License #10301209681
(646) 820-8441
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 1:48AM Checked: Jul 22 at 10:33AM
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 Keller Williams Realty Empire
Investment Insights
Based on property information with market context.
Built in 1921 and renovated top to bottom, this turnkey duplex offers 1,872 square feet across two mirror-image units. Each unit features three bedrooms and one bathroom, with hardwood floors, oversized windows, and open, light-filled layouts. The kitchens are updated with granite countertops, custom cabinetry, deep prep sinks, and full stainless steel appliance packages. Bathrooms include custom tile, soaking tubs, and rainfall showers.
A finished floor-through basement provides washer-dryer hookups and additional flexible space that can support laundry, a gym, a workshop, or storage. Bright bedrooms can also serve as home offices or studios.
The property is sold with the second-floor tenant in place at market rent, providing immediate income while you stabilize operations or plan leasing strategy.
A finished floor-through basement provides washer-dryer hookups and additional flexible space that can support laundry, a gym, a workshop, or storage. Bright bedrooms can also serve as home offices or studios.
The property is sold with the second-floor tenant in place at market rent, providing immediate income while you stabilize operations or plan leasing strategy.
Key Highlights
- Renovated 1921 row house featuring 1,872 SF across two mirror‑image 3‑bed, 1‑bath units (6 bedrooms total, 3 baths total).
- Hardwood floors and oversized windows with bright, open, light‑filled layouts in both units.
- Kitchens updated with granite countertops, custom cabinetry, deep prep sinks, and stainless steel appliance packages.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.5k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $93.7k | $50.03 |
| − OpEx | −$28.1k | −$15.01 |
| NOI | $65.6k | $35.02 |
1,872 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$936.6K
$819.5K – $1.09M
NOI $65,561 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K
NOI $57,150 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,501 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated 1921 duplex with two mirror-image 3-bedroom units, hardwood floors, and a finished floor-through basement.
Where is this duplex located?
The property is located at 1269 E 94th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Renovated 1921 row house featuring 1,872 SF across two mirror‑image 3‑bed, 1‑bath units (6 bedrooms total, 3 baths total).; Hardwood floors and oversized windows with bright, open, light‑filled layouts in both units.; Kitchens updated with granite countertops, custom cabinetry, deep prep sinks, and stainless steel appliance packages.
