Detached Two-Family
For Sale
$1,450,000
Pending
8112 6th Ave, Brooklyn, NY 11209
Two residential units are complemented by a separate-entry basement with a bathroom and laundry equipment.
Property Size2,240 SF
Days on Market135
Property Features for 8112 6th Ave
General Information
Standard status
Pending
Size
2,240 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,960
Amenities
washer and dryer
Building Details
Building Size
2,240 SF
Year Built
1925
Buildings
1
Stories
2
Listing Agency:
Momentum Real Estate LLC
Listed By:
Meijuan (Minnie) Lin · License #MJL6058
(718) 382-0001
Source:
Elliman
Added: Apr 28
Changed: Aug 31
Last Checked: Sep 8 at 8:11AM
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 Momentum Real Estate LLC
Investment Insights
Based on property information with market context.
Built in 1925, this detached duplex contains two residential units: one with two bedrooms and an additional room, and another with three bedrooms. A basement reached through its own entrance adds usable space along with a bathroom and washer and dryer connections or equipment.
The property is located at 8112 6th Ave in Bay Ridge, Brooklyn, NY 11209, near shops, restaurants, schools, supermarkets, and transit options. WalkScore is 74, TransitScore is 79, and BikeScore is 73, reflecting the area's access to daily amenities and transportation.
The property is located at 8112 6th Ave in Bay Ridge, Brooklyn, NY 11209, near shops, restaurants, schools, supermarkets, and transit options. WalkScore is 74, TransitScore is 79, and BikeScore is 73, reflecting the area's access to daily amenities and transportation.
Key Highlights
- Detached two‑family property with a 2‑bedroom unit plus an additional room and a separate 3‑bedroom unit
- Basement has its own entrance, a bathroom, and washer and dryer
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,449
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,568,980
$1.6M
Cap Rate 7%
$1,120,700
$1.1M
Cap Rate 9%
$871,656
$871.7K
Market Conditions
NOI Build-Up for 2,240 SF
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.
Gross rent
$114.2K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$112.1K $50.03/SF
− OpEx
−$33.6K −$15.01/SF
NOI
$78.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,568,980
Cap Rate 7%
$1,120,700
Cap Rate 9%
$871,656
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$980.6K – $1.31M
NOI $78,449 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$976.9K
$854.8K – $1.14M
NOI $68,385 @ 7.0% cap · market cap 4.72%
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,830 @ 7.0% cap · market cap 8.95%
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
4,859
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Check the figures for this property
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 residential units are complemented by a separate-entry basement with a bathroom and laundry equipment.
Where is this duplex located?
The property is located at 8112 6th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Detached two‑family property with a 2‑bedroom unit plus an additional room and a separate 3‑bedroom unit; Basement has its own entrance, a bathroom, and washer and dryer; Built in 1925
