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Brooklyn Two-Family Home for Sale

182 Lincoln Avenue Brooklyn, NY 11208

182 Lincoln Avenue, Brooklyn, NY, 11208
$899,000
For Sale
Claim this Listing
$899,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,160 SF
Lot Size0.04 Acres
Price / SF$416.20
AddedNov 10, 2025
Days on Market248
Last RefreshJul 16 at 2:06 pm

Property Features for 182 Lincoln Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Basement, Bedroom 5, Bedroom 1
Interior features
First Floor Bedroom, First Floor Full Bath, High Ceilings
Basement
Walk-Out Access, Finished
Standard status
Active
APN
04133-0035
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6736

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public

Building Details

Year built
1899
Number of units
2
Building materials
Brick

Listing agent Ren Wang

Listing office Sany Realty Group LLC 148-01 34th Ave #1F, Flushing, NY

Listing date Nov 10, 2025

MLS# 934157 Listing URL

Copyright © 2026 OneKey MLS. 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 solid brick two-family home is located in Cypress Hills, Brooklyn. The property sits on a 20x87.5 lot and features a 20x55 building size. The building offers approximately 2,160 sq ft of interior space across two floors, plus a fully finished basement with a separate front entrance. The property contains a total of 6 bedrooms and 3 bathrooms. Each unit offers spacious layouts. The interior needs renovation, presenting an opportunity for customization and value addition. Post-renovation, the property has strong upside potential in market value. The property is located three blocks from the J/Z subway lines, providing access to Manhattan and other parts of Brooklyn. The property offers low carrying costs and investment potential, making it suitable for investors and end users seeking long-term growth.

Key Highlights

  • Brick two‑family home on a 20x87.5 lot with a 20x55 building size
  • Approximately 2,160 sq ft interior space across two floors, plus a fully finished basement
  • Total layout offers 6 bedrooms and 3 bathrooms across two units

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 $82.9k $38.40
− Vacancy −$3.7k −$1.73
EGI $79.2k $36.67
− OpEx −$23.8k −$11.00
NOI $55.4k $25.67
2,160 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$792.1K
$693.1K – $924.1K (±1% cap)
NOI $55,448 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$705.3K
$617.1K – $822.9K (±1% cap)
NOI $49,371 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,516 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Acupuncture Bar & Pub (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family home in Cypress Hills with renovation potential.
Where is this duplex located?
The property is located at 182 Lincoln Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Brick two‑family home on a 20x87.5 lot with a 20x55 building size; Approximately 2,160 sq ft interior space across two floors, plus a fully finished basement; Total layout offers 6 bedrooms and 3 bathrooms across two units
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More about this property
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