Brick Two-Family
For Sale
$1,799,000
Pending
2032 84th St, Brooklyn, NY 11214
Two residential units feature updated kitchens, full baths, and distinct floor plans.
Property Size2,320 SF
Days on Market98
Property Features for 2032 84th St
General Information
Standard status
Pending
Size
2,320 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
covered porch
Building Details
Year Built
1935
Buildings
1
Construction
brick
Listing Agency:
Tom Crimmins Realty, Ltd.
Listed By:
John J Lauria
(718) 370-3200
Source:
Statenislandhomelistings
Added: Jul 6
Changed: Oct 1
Last Checked: Oct 9 at 8:06PM
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 Tom Crimmins Realty, Ltd.
Investment Insights
Based on property information with market context.
This all-brick duplex contains two residential apartments arranged across the first and second floors. The first-floor unit has a living room, dining room, eat-in kitchen, full bath, and two bedrooms, with ceramic flooring and a renovated kitchen featuring European-style cabinetry. The upper apartment includes a living room, eat-in kitchen, full bath, and three bedrooms, including an oversized primary bedroom, with parquet and ceramic flooring. A basement provides a possible studio layout with a kitchen, full bath, and separate entrance.
Property improvements include updated windows, a 50-gallon hot water heater, and a recent rubber membrane roof. Gas/steam heat serves the home. A shared driveway leads to a two-car garage, while a butler staircase connects the basement through the second floor. The property is zoned R5, was built in 1935, and measures 2,320 square feet. Shopping, restaurants, parks, and public transportation are located near 86th Street.
Property improvements include updated windows, a 50-gallon hot water heater, and a recent rubber membrane roof. Gas/steam heat serves the home. A shared driveway leads to a two-car garage, while a butler staircase connects the basement through the second floor. The property is zoned R5, was built in 1935, and measures 2,320 square feet. Shopping, restaurants, parks, and public transportation are located near 86th Street.
Key Highlights
- Two‑family duplex with 2,320 square feet
- First‑floor 2‑bedroom apartment and second‑floor 3‑bedroom apartment
- Basement includes possible studio, full bath, kitchen, and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,278
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,265,560
$1.3M
Cap Rate 7%
$903,971
$904.0K
Cap Rate 9%
$703,089
$703.1K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$94.7K $40.80/SF
− Vacancy
−$4.3K −$1.84/SF
EGI
$90.4K $38.96/SF
− OpEx
−$27.1K −$11.69/SF
NOI
$63.3K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,265,560
Cap Rate 7%
$903,971
Cap Rate 9%
$703,089
Alternative Uses
Best Use
Multifamily LT 5
$904.0K
$791.0K – $1.05M
NOI $63,278 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$810.2K
$708.9K – $945.2K
NOI $56,711 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,736 @ 7.0% cap · market cap 5.27%
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
4,458
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - Two residential units feature updated kitchens, full baths, and distinct floor plans.
Where is this duplex located?
The property is located at 2032 84th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Two‑family duplex with 2,320 square feet; First‑floor 2‑bedroom apartment and second‑floor 3‑bedroom apartment; Basement includes possible studio, full bath, kitchen, and separate entrance
