Six-Bedroom Multifamily
New
For Sale
$984,500
1299 E 92ND Street, Brooklyn, NY 11236
The residence includes an eat-in kitchen and a six-bedroom layout.
Property Size2,112 SF
Price / SF$466.15
Days on Market7
Property Features for 1299 E 92ND Street
General Information
Standard status
Active
Size
2,112 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,952
Amenities
eat-in kitchen
Building Details
Building Size
2,112 SF
Year Built
1960
Construction
Colonial
Abandoned
No
Listing Agency:
ISLAND ADVANTAGE REALTY LLC
Listed By:
Todd Yovino · License #49YO0956714
(516) 819-7800
Source:
Howardhannanyc
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 25 at 2:04AM
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 ISLAND ADVANTAGE REALTY LLC
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Investment Insights
Based on property information with market context.
Built in 1960, this Colonial-style multifamily residence has six bedrooms, two full bathrooms, and an eat-in kitchen. It is located at 1299 E 92ND St in Brooklyn, New York 11236.
The property has a Walk Score of 93, a Transit Score of 79, and a Bike Score of 58.
The property has a Walk Score of 93, a Transit Score of 79, and a Bike Score of 58.
Key Highlights
- Six bedrooms and two full bathrooms
- Built in 1960
- Eat‑in kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,477
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,289,540
$1.3M
Cap Rate 7%
$921,100
$921.1K
Cap Rate 9%
$716,411
$716.4K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$119.6K $56.64/SF
− Vacancy
−$2.4K −$1.13/SF
EGI
$117.2K $55.51/SF
− OpEx
−$52.8K −$24.98/SF
NOI
$64.5K $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%
$1,289,540
Cap Rate 7%
$921,100
Cap Rate 9%
$716,411
Alternative Uses
Best Use
Apartment 5plus
$921.1K
$806.0K – $1.07M
NOI $64,477 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,412 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,241
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 - The residence includes an eat-in kitchen and a six-bedroom layout.
Where is this multifamily property located?
The property is located at 1299 E 92ND Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $984,500.
What are key features of this property?
This property features: Six bedrooms and two full bathrooms; Built in 1960; Eat‑in kitchen
