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    Canarsie Two-Family Home with Parking Title is generated by Realmo AI

    1331 E 86th Street, Brooklyn, NY 11236

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    Claim this Listing
    For Sale
    $719,000

    MULTI_FAMILY - Brooklyn, NY

    Type:Duplex
    Property size:
    1,400 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $513/SF
    Added:
    Jan 30, 2026
    Days on Market:
    131
    Last Refresh:
    Jun 10 at 9:06 pm

    Property Features for 1331 E 86th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R5
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
    Patio and Porch features
    Porch, Patio
    Interior features
    A/C Unit - Wall, Dryer, Laundry Area, Patio Garden, Porch, Terrace
    Basement
    Crawl Space
    Standard status
    Active
    Size
    1,400 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4703

    Building Details

    Year built
    1955
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Ceramic, Hardwood
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Jamil Leigh

    Listing agent Jamil Leigh

    Listing office Charles Rutenberg Realty Inc 255 Executive Dr #208, Plainview, NY

    Listing date Jan 30, 2026

    MLS# 498713 Listing URL

    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

    • Two‑family home with dedicated one‑car parking, a rare find in Canarsie.
    • Second floor delivered vacant, perfect for owner‑occupancy or maximizing rental income.
    • Possible delivery of entire house vacant.
    • Income‑producing property with upside potential for investors.
    • Second‑floor unit includes access to a first‑floor laundry room.
    • Convenient location on a quiet block with easy access to transportation, shopping, and schools.

    Overview

    Located in Canarsie, Brooklyn, this two-family home at 1331 E 86th Street presents an opportunity for both end-users and investors. True two-family properties with dedicated parking are increasingly scarce in this neighborhood. The property features a second-floor 2-bedroom, 1-bath apartment and a first-floor 1-bedroom apartment. The second-floor unit includes access to a first-floor laundry room. A major highlight is dedicated one-car parking for the owner. Situated on a quiet residential block, the home offers access to public transportation, shopping, schools, and neighborhood amenities. The property, zoned R5, sits on a lot of 0.0459 acres and has a property size of 1400 square feet. The second floor will be delivered vacant, and the whole house can possibly be delivered vacant.

    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 $71.4k $51.00
    − Vacancy −$1.4k −$0.97
    EGI $70.0k $50.03
    − OpEx −$21.0k −$15.01
    NOI $49.0k $35.02
    1,400 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $700.4K
    $612.9K – $817.2K (±1% cap)
    NOI $49,030 @ 7.0% cap · market cap 6.82%
    Second Best
    Apartment 5plus
    $610.6K
    $534.3K – $712.4K (±1% cap)
    NOI $42,741 @ 7.0% cap · market cap 5.94%
    Theoretical Best
    Specialty Retail
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $81,144 @ 7.0% cap · market cap 11.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.900692
    Latitude
    40.631335

    FAQs

    What type of property is this?
    Duplex - Two-family home in Canarsie with parking and convenient amenities.
    Where is this duplex located?
    The property is located at 1331 E 86th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $719,000.
    What are key features of this property?
    This property features: Two‑family home with **dedicated one‑car parking**, a rare find in Canarsie.; **Second floor delivered vacant**, perfect for owner‑occupancy or maximizing rental income.; Possible delivery of entire house vacant.
    More about this property
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