Renovated 2-Bedroom
For Sale
Contact for pricing
1f-316 E 94th St, Brooklyn, NY 11209
Updated finishes, central heating and cooling, and a glass-enclosed shower define this apartment.
Property Size3,280 SF
Price / SF$0.76
Days on Market56
Property Features for 1f-316 E 94th St
General Information
Standard status
Active
Size
3,280 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,692
Listing Agency:
Champion Nation Realty Corp.
Listed By:
Chris Honore
(718) 724-2606
Source:
Exprealty
Added: Sep 4
Changed: Oct 26
Last Checked: Oct 28 at 12:50PM
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 Champion Nation Realty Corp.
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Investment Insights
Based on property information with market context.
Located at 1f-316 E 94th St in Brooklyn, this apartment offers 2 bedrooms and 1 full bathroom following a recent renovation. The interior includes contemporary finishes, a refreshed bathroom with a glass-enclosed shower, modern vanity, tilework, and updated fixtures. Central heating and cooling provide year-round climate control.
The property is positioned near local shopping, restaurants, schools, parks, and public transportation, connecting the residence with a range of everyday services and neighborhood amenities. The apartment combines an updated interior with a convenient Brooklyn setting.
The property is positioned near local shopping, restaurants, schools, parks, and public transportation, connecting the residence with a range of everyday services and neighborhood amenities. The apartment combines an updated interior with a convenient Brooklyn setting.
Key Highlights
- 2‑bedroom, 1‑bathroom apartment
- Recently renovated with contemporary finishes
- Bathroom includes a glass‑enclosed shower and modern vanity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,135
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,002,700
$2.0M
Cap Rate 7%
$1,430,500
$1.4M
Cap Rate 9%
$1,112,611
$1.1M
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$185.8K $56.64/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$182.1K $55.51/SF
− OpEx
−$81.9K −$24.98/SF
NOI
$100.1K $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%
$2,002,700
Cap Rate 7%
$1,430,500
Cap Rate 9%
$1,112,611
Alternative Uses
Best Use
Apartment 5plus
$1.43M
$1.25M – $1.67M
NOI $100,135 @ 7.0% cap · market cap 4,005.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.72M
$2.38M – $3.17M
NOI $190,109 @ 7.0% cap · market cap 7,604.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,657
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Updated finishes, central heating and cooling, and a glass-enclosed shower define this apartment.
Where is this residential income property located?
The property is located at 1f-316 E 94th St Brooklyn, NY.
What are key features of this property?
This property features: 2‑bedroom, 1‑bathroom apartment; Recently renovated with contemporary finishes; Bathroom includes a glass‑enclosed shower and modern vanity
