Studio Residential Income
For Sale
$199,999
Pending
1431 E 108TH Street 10A, Brooklyn, NY 11236
Gated condominium community with a private balcony and extensive shared amenities.
Property Size409 SF
Days on Market64
Property Features for 1431 E 108TH Street 10A
General Information
Standard status
Pending
Size
409 SF
Property subtype
Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$12
Amenities
inground swimming pool
commercial-grade fitness center
24-hour laundry facility
community room
tennis and pickleball courts
picnic area
private security
CCTV surveillance
AI facial recognition intercom system
Building Details
Building Size
409 SF
Year Built
1989
Listing Agency:
Brooklyn Real Property Inc
Listed By:
Jean Paul Ho · License #JPH8888
(718) 875-8899
Source:
Carlinwright
Added: Aug 26
Changed: Oct 25
Last Checked: Oct 28 at 6:09PM
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 Brooklyn Real Property Inc
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Investment Insights
Based on property information with market context.
This 409-square-foot studio condominium residence was built in 1989 and includes a private balcony, eat-in kitchen with pass-through, fire-retardant popcorn ceilings, and concrete flooring construction. The property is a full-equity condominium rather than a co-op, with no board approval requirement, no rental restriction, and pet-friendly policies.
Shared facilities include an inground swimming pool, commercial-grade fitness center, 24-hour laundry, community room, tennis and pickleball courts, picnic area, private security, CCTV surveillance, and an AI facial recognition intercom system. Optional separately deeded indoor and outdoor parking spaces are available. The community is near the Canarsie waterfront, Canarsie Pier, Belt Parkway, Gateway National Recreation Area, wildlife preserves, and cricket fields, with express bus service to Downtown Brooklyn and Manhattan and local bus access to the L subway line.
Shared facilities include an inground swimming pool, commercial-grade fitness center, 24-hour laundry, community room, tennis and pickleball courts, picnic area, private security, CCTV surveillance, and an AI facial recognition intercom system. Optional separately deeded indoor and outdoor parking spaces are available. The community is near the Canarsie waterfront, Canarsie Pier, Belt Parkway, Gateway National Recreation Area, wildlife preserves, and cricket fields, with express bus service to Downtown Brooklyn and Manhattan and local bus access to the L subway line.
Key Highlights
- 409‑square‑foot studio condominium residence built in 1989
- Private balcony and eat‑in kitchen with pass‑through
- Full‑equity condominium with no board approval requirement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,486
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,720
$249.7K
Cap Rate 7%
$178,371
$178.4K
Cap Rate 9%
$138,733
$138.7K
Market Conditions
NOI Build-Up for 409 SF
Gross rent
$23.2K $56.64/SF
− Vacancy
−$463 −$1.13/SF
EGI
$22.7K $55.51/SF
− OpEx
−$10.2K −$24.98/SF
NOI
$12.5K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,720
Cap Rate 7%
$178,371
Cap Rate 9%
$138,733
Alternative Uses
Best Use
Apartment 5plus
$178.4K
$156.1K – $208.1K
NOI $12,486 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$338.7K
$296.3K – $395.1K
NOI $23,706 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Gated condominium community with a private balcony and extensive shared amenities.
Where is this residential income property located?
The property is located at 1431 E 108TH Street 10A Brooklyn, NY.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: 409‑square‑foot studio condominium residence built in 1989; Private balcony and eat‑in kitchen with pass‑through; Full‑equity condominium with no board approval requirement
