Two-Bedroom Residential Income
New
For Sale
$360,000
200 COZINE Avenue APT1E, Brooklyn, NY 11207
Updated kitchen, renovated bath, and a private balcony complement this above-ground residence in an elevator-served building.
Property Size864 SF
Price / SF$416.67
Days on Market6
Property Features for 200 COZINE Avenue APT1E
General Information
Standard status
Active
Size
864 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,372
Amenities
laundry room
private security
playground
parking
private balcony
Building Details
Building Size
864 SF
Year Built
1990
Listing Agency:
Serhant
Listed By:
Gabrielle Amanda Gilbert
(347) 886-8362
Source:
Penrealty
Added: Oct 22
Changed: Oct 27
Last Checked: Oct 27 at 12:12AM
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 Serhant
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Investment Insights
Based on property information with market context.
This 864-square-foot, two-bedroom condominium has a living and dining area, hardwood floors, and expansive windows. The kitchen includes stainless steel appliances, modern cabinetry, generous counter space, and a breakfast bar. A renovated full bathroom and private balcony round out the unit. Although designated Unit 1E, it sits above ground level and is served by either of the building’s two elevators. The building also has a main-level laundry room, private security, a playground, and parking within the gated complex. Built in 1990, the residence is offered for sale.
Transit options include the B6 bus on Cozine Avenue, nearby B82, B83, and B84 service, and the BM5 express bus to Manhattan. Subway access includes the 3 train at Van Siclen Avenue and New Lots Avenue, and L train service at East 105th Street and New Lots Avenue. Gateway Center, the Spring Creek branch of Brooklyn Public Library, and neighborhood services are nearby.
Transit options include the B6 bus on Cozine Avenue, nearby B82, B83, and B84 service, and the BM5 express bus to Manhattan. Subway access includes the 3 train at Van Siclen Avenue and New Lots Avenue, and L train service at East 105th Street and New Lots Avenue. Gateway Center, the Spring Creek branch of Brooklyn Public Library, and neighborhood services are nearby.
Key Highlights
- 864‑square‑foot, two‑bedroom condominium
- Updated kitchen with stainless steel appliances, modern cabinetry, and breakfast bar
- Renovated full bathroom and private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,377
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,540
$527.5K
Cap Rate 7%
$376,814
$376.8K
Cap Rate 9%
$293,078
$293.1K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$48.9K $56.64/SF
− Vacancy
−$979 −$1.13/SF
EGI
$48.0K $55.51/SF
− OpEx
−$21.6K −$24.98/SF
NOI
$26.4K $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%
$527,540
Cap Rate 7%
$376,814
Cap Rate 9%
$293,078
Alternative Uses
Best Use
Apartment 5plus
$376.8K
$329.7K – $439.6K
NOI $26,377 @ 7.0% cap · market cap 7.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$715.4K
$626.0K – $834.6K
NOI $50,077 @ 7.0% cap · market cap 13.91%
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
1,612
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen, renovated bath, and a private balcony complement this above-ground residence in an elevator-served building.
Where is this residential income property located?
The property is located at 200 COZINE Avenue APT1E Brooklyn, NY.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 864‑square‑foot, two‑bedroom condominium; Updated kitchen with stainless steel appliances, modern cabinetry, and breakfast bar; Renovated full bathroom and private balcony
