Three-Story Duplex with
For Sale
$1,275,000
Pending
200 31st Street, Brooklyn, NY 11232
Residential Income, Brooklyn, NY
Property Size1,870 SF
Lot Size0.03 Acres
Days on Market314
Property Features for 200 31st Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6-B
Bedrooms
5
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 2
Parking features
On Street
Patio and Porch features
Patio
Interior features
Ceiling Fan(s)
Fencing
Fenced
Lot features
Front Yard, Back Yard
Subdivision
Greenwood Heights
Standard status
Pending
APN
00677-0023
Size
1,870 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
5030
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Building Details
Year built
1910
Floors in Building
3
Number of units
2
Building materials
Aluminum Siding
Listing Agency:
Berkshire Hathaway HomeService Cangiano Estates
(718) 605-5800
Listed By:
Francesca Trunzo · License #10301216081
(718) 687-9740
Added: Dec 1, 2025
Changed: Oct 8
Last Checked: Oct 11 at 12:06AM
MLS# 2506918
Copyright © 2026 Staten Island Board of Realtors. 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 attached duplex at 200 31st Street contains approximately 1,870 square feet across three stories and was built in 1910. The lower residence has three bedrooms, one full bathroom, one half bathroom, storage, updated kitchen appliances, and access to a private backyard with a shed. A separate-entry upper residence includes one bedroom, one full bathroom, a living area, kitchen, and in-unit laundry. The upper unit is leased through June 2026.
The property is located in Brooklyn’s Greenwood Heights area, near Greenwood Cemetery and local restaurants, cafes, breweries, and shops. Access to the R, N, and D train lines provides connections to Park Slope, Sunset Park, Industry City, and Downtown Brooklyn. Additional features include R6-B zoning, aluminum siding, natural-gas hot-water heating, public sewer service, street parking, a patio, and fencing.
The property is located in Brooklyn’s Greenwood Heights area, near Greenwood Cemetery and local restaurants, cafes, breweries, and shops. Access to the R, N, and D train lines provides connections to Park Slope, Sunset Park, Industry City, and Downtown Brooklyn. Additional features include R6-B zoning, aluminum siding, natural-gas hot-water heating, public sewer service, street parking, a patio, and fencing.
Key Highlights
- Two‑family attached property with 1,870 square feet across three stories
- Lower unit offers 3 bedrooms, 1 full bath, 1 half bath, storage, and backyard access
- Separate‑entry upper unit includes 1 bedroom, 1 full bath, kitchen, living area, and in‑unit washer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,491
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,820
$1.3M
Cap Rate 7%
$935,586
$935.6K
Cap Rate 9%
$727,678
$727.7K
Market Conditions
NOI Build-Up for 1,870 SF
Gross rent
$95.4K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$93.6K $50.03/SF
− OpEx
−$28.1K −$15.01/SF
NOI
$65.5K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,820
Cap Rate 7%
$935,586
Cap Rate 9%
$727,678
Alternative Uses
Best Use
Multifamily LT 5
$935.6K
$818.6K – $1.09M
NOI $65,491 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$815.6K
$713.6K – $951.5K
NOI $57,089 @ 7.0% cap · market cap 4.48%
Theoretical Best
Specialty Retail
$1.55M
$1.35M – $1.81M
NOI $108,385 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,673
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Attached two-family residence with separate entrances, fenced outdoor space, and an in-place upstairs lease.
Where is this duplex located?
The property is located at 200 31st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Two‑family attached property with 1,870 square feet across three stories; Lower unit offers 3 bedrooms, 1 full bath, 1 half bath, storage, and backyard access; Separate‑entry upper unit includes 1 bedroom, 1 full bath, kitchen, living area, and in‑unit washer
