Vacant Three-Story Brick
For Sale
$1,888,000
2205 85th Street, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size3,100 SF
Lot Size0.05 Acres
Price / SF$609.03
Days on Market151
Property Features for 2205 85th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
8
Bathrooms
3
Full bathrooms
1
Rooms
Bedroom 6, Bedroom 8, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 3
Parking features
Garage
Interior features
A/C Unit - Wall, Refrigerator, Stove
Subdivision
Bensonhurst
Standard status
Active
Size
3,100 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
12047
Amenities
private driveway
garage
hardwood flooring
front terrace
rear yard
Building Details
Year built
1970
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
George L Clark Inc
Listed By:
George L. Clark III
(718) 266-3900
Added: May 21
Changed: Oct 13
Last Checked: Oct 18 at 1:06AM
MLS# 501642
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This vacant three-story brick duplex includes two residential units, a built-in garage, private driveway, two additional parking spaces, front terraces, and a rear yard. The first- and second-floor apartments each provide a living room, dining room, three bedrooms, and a bathroom. A separately accessed lower level adds three rooms, two bedrooms, and a newly renovated bathroom, creating additional living area within the property. Hardwood flooring, wall-mounted A/C units, a refrigerator, and a stove are included. The residence was built in 1970 and is located in Bensonhurst near Bay Parkway. Public transportation includes the D train and nearby bus stops, while 86th Street shopping, restaurants, and schools are also in the surrounding area. Zoning is R6.
Key Highlights
- Vacant two‑family brick residence with three‑story configuration
- Built‑in garage, private driveway, and 2 additional parking spaces
- Each of the first- and second‑floor units has 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,552
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,040
$1.7M
Cap Rate 7%
$1,207,886
$1.2M
Cap Rate 9%
$939,467
$939.5K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$126.5K $40.80/SF
− Vacancy
−$5.7K −$1.84/SF
EGI
$120.8K $38.96/SF
− OpEx
−$36.2K −$11.69/SF
NOI
$84.6K $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%
$1,691,040
Cap Rate 7%
$1,207,886
Cap Rate 9%
$939,467
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,552 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$1.08M
$947.2K – $1.26M
NOI $75,778 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,587 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,237
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-family residence with a garage, private driveway, rear yard, and access to public transportation.
Where is this duplex located?
The property is located at 2205 85th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: Vacant two‑family brick residence with three‑story configuration; Built‑in garage, private driveway, and 2 additional parking spaces; Each of the first- and second‑floor units has 3 bedrooms and 1 bathroom
