Two-Bedroom Residential Income
For Sale
$999,995
15 W END Avenue PH8D, Brooklyn, NY 11235
Condominium residence with a private balcony, roof terrace, and dedicated parking space.
Property Size1,002 SF
Price / SF$997
Days on Market19
Property Features for 15 W END Avenue PH8D
General Information
Standard status
Active
Size
1,002 SF
Total Parking Spaces
1
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Asking Price
$1,199,995
Taxes and HOA fees
Annual Taxes
$12,444
Amenities
private balcony
private roof terrace
Building Details
Building Size
1,002 SF
Year Built
2023
Listing Agency:
Corcoran Group
Listed By:
MARK MARTOV · License #10401264653 (NY)
(917) 939-3888
Source:
Carlinwright
Added: Oct 8
Changed: Oct 25
Last Checked: Oct 25 at 2:06AM
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 Corcoran Group
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Investment Insights
Based on property information with market context.
This condominium residence contains 1,002 square feet, with two bedrooms, two bathrooms, and an open living and dining area. A private balcony extends the living space outdoors, and the sale includes a separate private roof terrace and an extra-wide parking space. The building was completed in 2023.
Key Highlights
- 1,002‑square‑foot condominium residence
- Two bedrooms and two bathrooms
- Private balcony and exclusive roof terrace RT‑11
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,590
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,800
$611.8K
Cap Rate 7%
$437,000
$437.0K
Cap Rate 9%
$339,889
$339.9K
Market Conditions
NOI Build-Up for 1,002 SF
Gross rent
$56.8K $56.64/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$55.6K $55.51/SF
− OpEx
−$25.0K −$24.98/SF
NOI
$30.6K $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%
$611,800
Cap Rate 7%
$437,000
Cap Rate 9%
$339,889
Alternative Uses
Best Use
Apartment 5plus
$437.0K
$382.4K – $509.8K
NOI $30,590 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$829.7K
$726.0K – $967.9K
NOI $58,076 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,838
Businesses Nearby
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Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with a private balcony, roof terrace, and dedicated parking space.
Where is this residential income property located?
The property is located at 15 W END Avenue PH8D Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 1,002‑square‑foot condominium residence; Two bedrooms and two bathrooms; Private balcony and exclusive roof terrace RT‑11
