Renovated Brooklyn Coop
For Sale
$409,000
Pending
2299 E 13th St 4E, Brooklyn, NY 11229
Spacious 3-bedroom coop in a prime Brooklyn location.
Property Size900 SF
Days on Market317
Property Features for 2299 E 13th St 4E
General Information
Standard status
Pending
Size
900 SF
Property subtype
Residential
Building Details
Building Size
900 SF
Year Built
1960
Units
66
Listed By:
Alexandr Dvorin
(718) 234-9617
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 3
Last Checked: Oct 9 at 9:49PM
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 Alexandr Dvorin
Investment Insights
Based on property information with market context.
This renovated coop apartment, originally a Junior-4, features 3 bedrooms, including a large master bedroom and two additional bedrooms, along with ample closet space that includes two walk-in closets and one medium-sized closet. The unit has a remodeled bathroom, hardwood floors, and a modern kitchen equipped with stainless steel appliances such as a refrigerator, dishwasher, stove, and washing machine. Located on the 5th floor of a 7-story elevator building, the apartment benefits from abundant sunlight. The building features an updated lobby, a security camera system, an intercom, a laundry room, and a live-in superintendent. Subletting is permitted after two years of ownership. Storage and indoor parking are available via a waiting list, with parking costing $250 per month. Situated in a desirable Brooklyn neighborhood, the property is located close to the Q-train and Sheepshead Bay.
Key Highlights
- Spacious 3‑bedroom coop in a prime, fast‑appreciating Brooklyn location near Sheepshead Bay and the Q‑train.
- Fully renovated with hardwood floors, modern kitchen, stainless steel appliances (fridge, dishwasher, stove, washing machine), and remodeled bathroom.
- Building amenities include an elevator, updated lobby, security camera system, intercom, laundry room, and live‑in super.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,476
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,520
$549.5K
Cap Rate 7%
$392,514
$392.5K
Cap Rate 9%
$305,289
$305.3K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$51.0K $56.64/SF
− Vacancy
−$1.0K −$1.13/SF
EGI
$50.0K $55.51/SF
− OpEx
−$22.5K −$24.98/SF
NOI
$27.5K $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%
$549,520
Cap Rate 7%
$392,514
Cap Rate 9%
$305,289
Alternative Uses
Best Use
Apartment 5plus
$392.5K
$343.5K – $457.9K
NOI $27,476 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$745.2K
$652.1K – $869.4K
NOI $52,164 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Spacious 3-bedroom coop in a prime Brooklyn location.
Where is this apartment building located?
The property is located at 2299 E 13th St 4E Brooklyn, NY.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Spacious 3‑bedroom coop in a prime, fast‑appreciating Brooklyn location near Sheepshead Bay and the Q‑train.; Fully renovated with hardwood floors, modern kitchen, stainless steel appliances (fridge, dishwasher, stove, washing machine), and remodeled bathroom.; Building amenities include an elevator, updated lobby, security camera system, intercom, laundry room, and live‑in super.
