1446 E 89th Street, Brooklyn, NY 11236
Two-family home in Canarsie, delivered vacant and ready.
- Added:
- Oct 9, 2024
- Days on Market:
- 613
- Last Refresh:
- May 12 at 10:55 pm
Property Features for 1446 E 89th Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Mixed Use
Listing agent Ariel "ARI" Spiegel License #NY 10311206052
Listing office REL REAL ESTATE
Listing date Oct 9, 2024
Source Crexi
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 REL REAL ESTATE
HighLights
- Delivered vacant, ready for immediate occupancy or renovation.
- Two‑family home, offering potential rental income or multi‑generational living.
- Located in the desirable Canarsie neighborhood.
- Excellent location, just off Seaview Avenue.
- Ideal investment opportunity.
- Suitable for a first‑time homebuyer.
Overview
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 | $91.8k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $90.1k | $50.03 |
| − OpEx | −$27.0k | −$15.01 |
| NOI | $63.0k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.89691
- Latitude
- 40.630573
