Brick Duplex with Private
For Sale
$795,000
1307 E 98th Street, Brooklyn, NY 11236
Residential, Brooklyn, NY
Property Size1,320 SF
Lot Size0.05 Acres
Price / SF$602.27
Days on Market118
Property Features for 1307 E 98th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Interior features
A/C Unit
Subdivision
Canarsie
Standard status
Active
Size
1,320 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4928
Amenities
private driveway
built-in garage
large backyard
Building Details
Year built
1955
Floors in Building
2
Flooring type
Hardwood, Ceramic
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Albert Taye · License #TAYA286
(917) 592-1281
Added: Jun 15
Changed: Sep 16
Last Checked: Oct 10 at 5:06AM
MLS# 502310
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 brick duplex at 1307 E 98th Street contains 1,320 square feet and is arranged with a two-bedroom apartment above a one-bedroom apartment. The first-floor unit is currently rented. Interior features include hardwood and ceramic flooring, an A/C unit, two bathrooms, and a practical residential layout. The property also includes a private driveway, built-in garage, storage space, and a backyard.
Built in 1955 and covered by R4 zoning, the home occupies approximately 0.0459 acres in Brooklyn’s 11236 ZIP code. Its Canarsie setting places the property near shopping, schools, parks, public transportation, and other area amenities.
Built in 1955 and covered by R4 zoning, the home occupies approximately 0.0459 acres in Brooklyn’s 11236 ZIP code. Its Canarsie setting places the property near shopping, schools, parks, public transportation, and other area amenities.
Key Highlights
- Duplex configured with a 2‑bedroom unit over a 1‑bedroom unit
- 1,320 square feet on approximately 0.0459 acres
- First‑floor apartment is currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,229
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,580
$924.6K
Cap Rate 7%
$660,414
$660.4K
Cap Rate 9%
$513,656
$513.7K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$67.3K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$66.0K $50.03/SF
− OpEx
−$19.8K −$15.01/SF
NOI
$46.2K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,580
Cap Rate 7%
$660,414
Cap Rate 9%
$513,656
Alternative Uses
Best Use
Multifamily LT 5
$660.4K
$577.9K – $770.5K
NOI $46,229 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$575.7K
$503.7K – $671.6K
NOI $40,298 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$1.09M
$956.3K – $1.28M
NOI $76,507 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit layout includes a leased first-floor apartment, backyard, garage, and storage areas.
Where is this duplex located?
The property is located at 1307 E 98th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Duplex configured with a 2‑bedroom unit over a 1‑bedroom unit; 1,320 square feet on approximately 0.0459 acres; First‑floor apartment is currently rented
