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Brooklyn Duplex Investment Opportunity
For Sale
$549,000
Pending

1644 E 96th Street, Brooklyn, NY 11236

Duplex in Brooklyn, needs title resolution, sold as-is.

Property Size1,920 SF
Days on Market724

Property Features for 1644 E 96th Street

General Information

Standard status Pending
Size 1,920 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $13,820

Building Details

Year Built 1930
Listing Agency: REALHome Services & Solutions
Listed By: Jamarr C. Zellner · License #10311210539
Source: Exitrealty
Added: Oct 14, 2024 Changed: Oct 6 Last Checked: Oct 5 at 5:28PM

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 REALHome Services & Solutions

Investment Insights

Based on property information with market context.

This property in Brooklyn, New York, presents an investment opportunity. Constructed in 1930, the property appears to be a duplex, with each unit featuring three bedrooms and one bathroom. The property also appears to have a full basement, potentially unfinished. Note that there is a cloud on the title resulting from a recent foreclosure, which is being cleared up through a strict foreclosure process. Resolution may take up to 12 months or sooner. The buyer will receive a letter from the foreclosure attorney confirming that they will clear the title. The buyer will take the property subject to the title issue, which will be listed as an exception in the policy being issued. Once the issue is resolved, based on the estimated time, the underwriter will issue an elimination endorsement to remove the title issue. Prospective buyers are advised to verify all details with the City, County, Zoning, Tax, and other relevant records to their satisfaction. The property is being sold AS-IS.

Key Highlights

  • Investment opportunity in Brooklyn, NY.
  • Duplex configuration with two units, each featuring three bedrooms and one bathroom.
  • Full basement offers additional space.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,090
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Brooklyn, needs title resolution, sold as-is.
Where is this duplex located?
The property is located at 1644 E 96th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Investment opportunity in Brooklyn, NY.; Duplex configuration with two units, each featuring three bedrooms and one bathroom.; Full basement offers additional space.
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