Two-Family Brick
1350 E 85th Street Brooklyn, NY 11236
New
1350 E 85th Street, Brooklyn, NY, 11236
$819,000
For Sale
$819,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,960 SF
Lot Size0.05 Acres
Price / SF$417.86
Days on Market2
Property Features for 1350 E 85th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R5
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 1,960 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6147
Building Details
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Ranch
Listing agency
Brooklyn Real Property, Inc
(718) 272-8988
Listed by
Anita Yeung
(718) 875-8899
Added: Jul 21 Updated: Jul 22 at 12:03PM Checked: Jul 22 at 12:06PM
MLS# 503192
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 two-family residence at 1350 East 85th Street offers two separate units, including a spacious two-bedroom apartment over a one-bedroom apartment. The home features a newly renovated kitchen and new flooring, along with generously sized rooms throughout.
Outside, there is an oversized front porch, a private driveway, and a backyard that includes a storage shed.
The property is listed for sale and is zoned R5.
Outside, there is an oversized front porch, a private driveway, and a backyard that includes a storage shed.
The property is listed for sale and is zoned R5.
Key Highlights
- Brick two‑family ranch‑style home with a two‑bedroom unit over a one‑bedroom unit
- Newly renovated kitchen
- Hardwood flooring and flat roof
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 | $100.0k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $98.1k | $50.03 |
| − OpEx | −$29.4k | −$15.01 |
| NOI | $68.6k | $35.02 |
1,960 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$980.6K
$858.0K – $1.14M
NOI $68,643 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$854.8K
$748.0K – $997.3K
NOI $59,837 @ 7.0% cap · market cap 7.31%
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,602 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Air Flow Mechanical ...
Hardware & Home Improvement
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FAQs
What type of property is this?
Duplex - Brick two-family home with two-bedroom and one-bedroom apartments, plus a private driveway and backyard.
Where is this duplex located?
The property is located at 1350 E 85th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $819,000.
What are key features of this property?
This property features: Brick two‑family ranch‑style home with a two‑bedroom unit over a one‑bedroom unit; Newly renovated kitchen; Hardwood flooring and flat roof
