Two-Family Duplex with Finished
1496 E 94th Street, Brooklyn, NY 11236
For Sale
$1,100,000
Two three-bedroom living levels are complemented by additional finished basement space.
Property Size2,240 SF
Price / SF$491.07
Days on Market65
Property Features for 1496 E 94th Street
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
First Floor Bedroom
First Floor Full Bath
ENERGY STAR Qualified Door(s)
Building Details
Building Size
Year Built
Units
Listing Agency:
Triangle Premier Advisors Grp
(718) 341-9999
Listed By:
Mercedes Keating
(917) 474-9435
Source:
Halknopfrealty
Added: Sep 8
Changed: Nov 7
Last Checked: Nov 10 at 4:27PM
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 Triangle Premier Advisors Grp
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Investment Insights
Based on property information with market context.
This 2,240-square-foot two-family duplex at 1496 E 94th Street in Brooklyn has three bedrooms on each level and a finished basement. The building dates to 1920. The configuration combines two separate three-bedroom living areas with finished space below.
Key Highlights
- Two three‑bedroom levels in a two‑family property
- Finished basement
- 2,240 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,449
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
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
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 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 7.13%
Second Best
Apartment 5plus
$976.9K
$854.8K – $1.14M
NOI $68,385 @ 7.0% cap · market cap 6.22%
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,830 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
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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
$710,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom living levels are complemented by additional finished basement space.
Where is this duplex located?
The property is located at 1496 E 94th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two three‑bedroom levels in a two‑family property; Finished basement; 2,240 square feet
