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Two-Family Residential Income Home

226 Etna Street Brooklyn, NY 11208

226 Etna Street, Brooklyn, NY, 11208
$1,199,999
For Sale
$1,199,999

Well-maintained 2-family home with two separate apartments and a fully finished basement plus an extra-large backyard.

Property Size2,192 SF
Price / SF$547.44
Days on Market14

Property Features for 226 Etna Street

General Information

Standard status
Active
Size
2,192 SF
Property subtype
Duplex

Building Details

Year Built
1901
Listing agency Concrete Jungle NYC Realty
Listed by Thalwa Astasyous
Source Compass
Added: Jul 10 Updated: Jul 21 at 12:53PM Checked: Jul 22 at 9:26AM

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 Concrete Jungle NYC Realty


Investment Insights

Based on property information with market context.

This well-maintained two-family residential income home offers two separate apartments, providing flexible living arrangements. The property also includes a fully finished basement that can serve as additional living and recreation space, with room for a variety of interior uses based on how it’s set up.

The home is located at 226 Etna Street in Brooklyn, NY 11208.

Outdoor space is highlighted by an extra-large backyard, offering substantial area for day-to-day enjoyment and potential expansion of how the property is used.

Key Highlights

  • 2‑family home with two separate apartments for flexible living and rental income potential
  • Fully finished basement, with an additional first‑floor full bath
  • Extra‑large backyard in Brooklyn for outdoor living and hosting

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $84.2k $38.40
− Vacancy −$3.8k −$1.73
EGI $80.4k $36.67
− OpEx −$24.1k −$11.00
NOI $56.3k $25.67
2,192 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$803.9K
$703.4K – $937.8K (±1% cap)
NOI $56,270 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$715.8K
$626.3K – $835.1K (±1% cap)
NOI $50,103 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,886 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop Acupuncture Bar & Pub (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained 2-family home with two separate apartments and a fully finished basement plus an extra-large backyard.
Where is this duplex located?
The property is located at 226 Etna Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: 2‑family home with two separate apartments for flexible living and rental income potential; Fully finished basement, with an additional first‑floor full bath; Extra‑large backyard in Brooklyn for outdoor living and hosting
Contact an agent
More about this property
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