1307 E 98th Street, Brooklyn, NY 11236
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 15, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 23 at 6:06 am
Property Features for 1307 E 98th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Interior features
- A/C Unit
- Standard status
- Active
- Size
- 1,320 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4928
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Flooring type
- Ceramic, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Albert Taye License #30TA0927395 (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jun 15, 2026
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.
HighLights
- Solid brick home built in 1955 with flat roof
- Configured as a 2‑bedroom unit over a 1‑bedroom unit for flexible living or income
- First‑floor apartment is currently rented, providing immediate rental income
- Hardwood and ceramic flooring throughout
- A/C unit included
- Private driveway, built‑in garage, and large backyard
Overview
Located in Canarsie, Brooklyn, the home is positioned near shopping, schools, parks, and public transportation, with convenient access to major area amenities.
The duplex configuration offers flexibility for an owner-occupant or an investor seeking rental income from at least one unit. With two distinct living setups and a currently rented first-floor apartment, the property supports a practical live-and-rent scenario while maintaining separate unit space for the 1-bedroom level. The added parking and outdoor yard space further broaden day-to-day usability for prospective tenants or occupants.
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 | $67.3k | $51.00 |
| − Vacancy | −$1.3k | −$0.97 |
| EGI | $66.0k | $50.03 |
| − OpEx | −$19.8k | −$15.01 |
| NOI | $46.2k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.895362
- Latitude
- 40.640632
