Six-Unit Brick Apartment
For Sale
$1,285,000
1436 W 8th Street, Brooklyn, NY 11204
Residential, Brooklyn, NY
Property Size1,760 SF
Lot Size0.06 Acres
Price / SF$730.11
Days on Market112
Property Features for 1436 W 8th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C4-2A
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 1, Bedroom 7, Bathroom 5, Bedroom 6, Bedroom 9, Bathroom 1, Bedroom 11, Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 6, Bedroom 4, Bedroom 10, Bedroom 5, Bathroom 4, Bathroom 3, Bathroom 2
Interior features
Stove
Basement
Full
Subdivision
Bensonhurst
Standard status
Active
Size
1,760 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
27177
Building Details
Year built
1926
Floors in Building
3
Number of units
6
Building materials
Brick
Roof type
Flat
Listing Agency:
JC Real Estate Capital Inc
(718) 513-1885
Listed By:
Jean-Claude Ho
(718) 922-2200
Added: Jun 12
Changed: Sep 15
Last Checked: Oct 1 at 4:06PM
MLS# 502230
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 semi-detached brick apartment building contains six residential units: one one-bedroom apartment and five two-bedroom apartments. Constructed in 1926, the property provides approximately 5,281 square feet of building area on a 26.67' x 100' lot, with an approximate building footprint of 22' x 80'. Improvements include a flat roof and stoves in the units, and the property is offered as-is.
The building is located near the Bay Parkway N Train station, multiple bus lines, Seth Low Park, and the 86th Street commercial corridor. Nearby retail and services include McDonald's, Dunkin', Chase Bank, supermarkets, shopping, and restaurants.
Public records indicate a maximum buildable area of approximately 6,748 square feet, or approximately 1,467 square feet beyond the existing built area. Zoning, development rights, and permitted uses should be independently verified.
The building is located near the Bay Parkway N Train station, multiple bus lines, Seth Low Park, and the 86th Street commercial corridor. Nearby retail and services include McDonald's, Dunkin', Chase Bank, supermarkets, shopping, and restaurants.
Public records indicate a maximum buildable area of approximately 6,748 square feet, or approximately 1,467 square feet beyond the existing built area. Zoning, development rights, and permitted uses should be independently verified.
Key Highlights
- Six‑unit configuration with one 1‑bedroom apartment and five 2‑bedroom apartments
- Approximately 5,281 square feet of building area on a 26.67' x 100' lot
- Semi‑detached brick construction built in 1926
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
$53,731
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
4.18%
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%
$1,074,620
$1.1M
Cap Rate 7%
$767,586
$767.6K
Cap Rate 9%
$597,011
$597.0K
Market Conditions
NOI Build-Up for 1,760 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
$99.7K $56.64/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$97.7K $55.51/SF
− OpEx
−$44.0K −$24.98/SF
NOI
$53.7K $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 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%
$1,074,620
Cap Rate 7%
$767,586
Cap Rate 9%
$597,011
Alternative Uses
Best Use
Apartment 5plus
$767.6K
$671.6K – $895.5K
NOI $53,731 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,010 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,206
Businesses Nearby
Explore this area
Business Placement
Demographics for 11204, NY
85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value
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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?
Apartment building - Semi-detached multifamily property with a one-bedroom unit, five two-bedroom units, and convenient access to transit and neighborhood retail.
Where is this apartment building located?
The property is located at 1436 W 8th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,285,000.
What are key features of this property?
This property features: Six‑unit configuration with one 1‑bedroom apartment and five 2‑bedroom apartments; Approximately 5,281 square feet of building area on a 26.67' x 100' lot; Semi‑detached brick construction built in 1926
