Three-Story Single-Family
2312A Mermaid Avenue Brooklyn, NY 11224
2312A Mermaid Avenue, Brooklyn, NY, 11224
$719,000
For Sale
$719,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,812 SF
Lot Size0.02 Acres
Price / SF$396.80
Days on Market804
Property Features for 2312A Mermaid Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R6
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1
- Interior features
- A/C Unit, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Basement
- Crawl Space
- Standard status
- Active
- Size
- 1,812 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4435
Building Details
- Year built
- 2000
- Floors in Building
- 3
- Architectural style
- Other
Listing Agency
Winzone Realty Inc
(718) 676-6611
7405 18th Ave, Brooklyn, NY
Listed by
Bin Hu Zhan
(718) 676-6611
Added: May 6, 2024 Checked: Jul 18 at 8:06 am
MLS# 481862
Listing URL
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.
Investment Insights
Based on property information with market context.
Built in 2000 and reportedly renovated in the past few years, this three-story single-family home offers approximately 1,812 square feet of living area. The layout includes a first floor with a living room, kitchen, dining area, and a half bath, along with access to a crawl space for storage. The second floor features two large bedrooms with closets and a full bathroom, while the third floor provides a special large bedroom with a huge closet and a second full bathroom. Hardwood floors run throughout the home, and there is a laundry room. Off-street parking for two cars is referenced, with the note that the parking spaces are excluded from the lot.
The property is described as being in the heart of Coney Island, within short distance to the Coney Island beach and near the D.F.N.Q subway station. Public transportation is also referenced via B64, B36, and B74 bus routes.
The home is zoned R6, and the lot size is listed as 0.0227 acres.
The property is described as being in the heart of Coney Island, within short distance to the Coney Island beach and near the D.F.N.Q subway station. Public transportation is also referenced via B64, B36, and B74 bus routes.
The home is zoned R6, and the lot size is listed as 0.0227 acres.
Key Highlights
- Single‑family home built in 2000 with 1,812 sqft of living area
- 3 bedrooms and 2.5 bathrooms across three levels
- Renovated in recent years and features hardwood floors throughout
Local Financial Insights For Apartment 5plus
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 | $102.6k | $56.64 |
| − Vacancy | −$2.1k | −$1.13 |
| EGI | $100.6k | $55.51 |
| − OpEx | −$45.3k | −$24.98 |
| NOI | $55.3k | $30.53 |
1,812 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$790.3K
$691.5K – $922.0K
NOI $55,318 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $105,024 @ 7.0% cap · market cap 14.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Newer three-story residence with 3 bedrooms and 2.5 baths, hardwood floors, and an on-site laundry area.
Where is this single family property located?
The property is located at 2312A Mermaid Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Single‑family home built in 2000 with 1,812 sqft of living area; 3 bedrooms and 2.5 bathrooms across three levels; Renovated in recent years and features hardwood floors throughout
