Residential Income
For Sale
Contact for pricing
1fl-646 E 93rd St, Brooklyn, NY 11212
A renovated one-bedroom apartment offers updated flooring, contemporary bathroom finishes, and a kitchen with ample cabinetry.
Property Size2,173 SF
Price / SF$1.06
Days on Market20
Property Features for 1fl-646 E 93rd St
General Information
Standard status
Active
Size
2,173 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$6,983
Listing Agency:
Champion Nation Realty Corp.
Listed By:
Chris Honore
(718) 724-2606
Source:
Exprealty
Added: Oct 9
Changed: Oct 26
Last Checked: Oct 28 at 2:32PM
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.
The property includes a renovated 1-bedroom apartment with updated flooring, a kitchen featuring extensive cabinet space, and a refreshed bathroom. The unit also has comfortable living areas and includes heat, hot water, and electricity in the rent.
Key Highlights
- Renovated 1‑bedroom apartment
- Heat, hot water, and electricity included in rent
- Kitchen with extensive cabinet space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,339
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,326,780
$1.3M
Cap Rate 7%
$947,700
$947.7K
Cap Rate 9%
$737,100
$737.1K
Market Conditions
NOI Build-Up for 2,173 SF
Gross rent
$123.1K $56.64/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$120.6K $55.51/SF
− OpEx
−$54.3K −$24.98/SF
NOI
$66.3K $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%
$1,326,780
Cap Rate 7%
$947,700
Cap Rate 9%
$737,100
Alternative Uses
Best Use
Apartment 5plus
$947.7K
$829.2K – $1.11M
NOI $66,339 @ 7.0% cap · market cap 2,884.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.80M
$1.57M – $2.10M
NOI $125,947 @ 7.0% cap · market cap 5,475.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
4,009
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A renovated one-bedroom apartment offers updated flooring, contemporary bathroom finishes, and a kitchen with ample cabinetry.
Where is this residential income property located?
The property is located at 1fl-646 E 93rd St Brooklyn, NY.
What are key features of this property?
This property features: Renovated 1‑bedroom apartment; Heat, hot water, and electricity included in rent; Kitchen with extensive cabinet space
