6-Unit Corner Apartment
For Sale
$1,399,000
2101 76th St, Brooklyn, NY 11214
Two apartments will be vacant at closing, and parking is available at the rear.
Property Size4,797 SF
Days on Market8
Property Features for 2101 76th St
General Information
Standard status
Active
Size
4,797 SF
Total Parking Spaces
2
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$21,258
Building Details
Building Size
4,797 SF
Year Built
1931
Buildings
1
Stories
3
Listing Agency:
Tiger Realty
Listed By:
Emily Hui Chen-Liang · License #HTL8672
(917) 708-9966
Source:
Elliman
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 24 at 5:22PM
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 Tiger Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1931, this six-unit corner apartment building has rear parking for two vehicles. Two apartments are expected to be vacant at closing.
The property has a new oil boiler that can be converted to gas, and the roof is in excellent condition. Walk Score is 96, Transit Score is 86, and Bike Score is 67.
The property has a new oil boiler that can be converted to gas, and the roof is in excellent condition. Walk Score is 96, Transit Score is 86, and Bike Score is 67.
Key Highlights
- Six apartments in a corner building, constructed in 1931
- Two apartments to be delivered vacant at closing
- Rear parking for two vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,260
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,345,200
$2.3M
Cap Rate 7%
$1,675,143
$1.7M
Cap Rate 9%
$1,302,889
$1.3M
Market Conditions
NOI Build-Up for 4,797 SF
Gross rent
$221.6K $46.20/SF
− Vacancy
−$8.4K −$1.76/SF
EGI
$213.2K $44.44/SF
− OpEx
−$95.9K −$20.00/SF
NOI
$117.3K $24.44/SF
Area
ZIP 11214
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,345,200
Cap Rate 7%
$1,675,143
Cap Rate 9%
$1,302,889
Alternative Uses
Best Use
Apartment 5plus
$1.68M
$1.47M – $1.95M
NOI $117,260 @ 7.0% cap · market cap 8.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,883 @ 7.0% cap · market cap 14.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,723
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Two apartments will be vacant at closing, and parking is available at the rear.
Where is this apartment building located?
The property is located at 2101 76th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Six apartments in a corner building, constructed in 1931; Two apartments to be delivered vacant at closing; Rear parking for two vehicles
