Two-Family Tudor-Style
1316 85th Street Brooklyn, NY 11228
For Sale
Contact for pricing
Tudor-style two-family home with a full basement, private backyard, and rooftop deck access.
Property Size2,105 SF
Price / SF$724.47
Days on Market121
Property Features for 1316 85th Street
General Information
- Standard status
- Active
- Size
- 2,105 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing Agency:
Real Estate and Land Solutions
Listed By:
Coleen Siracusa · License #10491210569
Source:
Crexi
Added: Mar 26
Changed: Jul 22
Last Checked: Jul 23 at 1:15PM
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 Real Estate and Land Solutions
Investment Insights
Based on property information with market context.
A large two-family Tudor-style colonial offering two separate residences within a single home. The first-floor unit features an open concept kitchen and living area, a dining room currently used as a den, a spacious primary bedroom with a wall of closets, a second bedroom, a full bathroom, and an entrance to a tremendous full basement. The basement includes high ceilings, a half bath, laundry/utility room, and additional rooms, including a second room with a door leading to the yard; there is also an above-ground back door.
The second-floor one-bedroom apartment is spacious and sunny with high ceilings, a full kitchen with a butler’s pantry, a generous bedroom, a tremendous full bathroom, storage, and a storage attic. The apartment also includes a rooftop deck and notes a chair lift for easier access. Private backyard block walls have recently been rebuilt.
The property is identified as a true two-family with a certificate of occupancy confirming that configuration, and it is zoned R5-B. The listing also references potential for further residential configuration pending architect review.
The second-floor one-bedroom apartment is spacious and sunny with high ceilings, a full kitchen with a butler’s pantry, a generous bedroom, a tremendous full bathroom, storage, and a storage attic. The apartment also includes a rooftop deck and notes a chair lift for easier access. Private backyard block walls have recently been rebuilt.
The property is identified as a true two-family with a certificate of occupancy confirming that configuration, and it is zoned R5-B. The listing also references potential for further residential configuration pending architect review.
Key Highlights
- Two‑family Tudor‑style home with a certificate of occupancy verifying true two‑family use
- R5‑B zoned property with a full basement and separate entrance
- First‑floor layout includes spacious living and dining areas, a full bathroom, and access to a tremendous full basement
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 | $107.4k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $105.3k | $50.03 |
| − OpEx | −$31.6k | −$15.01 |
| NOI | $73.7k | $35.02 |
2,105 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$921.5K – $1.23M
NOI $73,721 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$918.0K
$803.3K – $1.07M
NOI $64,263 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$1.74M
$1.53M – $2.03M
NOI $122,006 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Tudor-style two-family home with a full basement, private backyard, and rooftop deck access.
Where is this duplex located?
The property is located at 1316 85th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Two‑family Tudor‑style home with a certificate of occupancy verifying true two‑family use; R5‑B zoned property with a full basement and separate entrance; First‑floor layout includes spacious living and dining areas, a full bathroom, and access to a tremendous full basement
