Oversized Beach-Block Two-Family
238 West End Avenue Brooklyn, NY 11235
238 West End Avenue, Brooklyn, NY, 11235
$1,895,000
For Sale
$1,895,000
Two residences on a 40' x 100' lot with solar, lower-level living, and parking for up to six vehicles.
Property Size4,000 SF
Lot Size0.09 Acres
Price / SF$473.75
Days on Market142
Property Features for 238 West End Avenue
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.09 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing agency
Compass
(646) 824-9301
Listed by
Max Sherman · License #10401287888
(646) 824-9301
Source
Compass
Added: Mar 2 Updated: Jul 21 at 7:29PM Checked: Jul 22 at 11:16AM
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 Compass
Investment Insights
Based on property information with market context.
238 West End Avenue is an oversized two-family home configured as two expansive residences, with each unit offering substantial living and dining areas, modern fully appointed kitchens, generously proportioned bedrooms, and thoughtfully designed baths. A fully finished lower level adds another full livable residence, and dedicated sections of private outdoor space are designed for seamless indoor-outdoor flow. The property includes solar panels, repointing of the brick facade, and recent upgrades.
Set on a quiet, tree-lined dead-end on the beach blocks, the home is described as just a few houses from the shoreline. It sits on a 40' x 100' lot and provides interior living space of more than 4,000 sq ft, plus more than 2,000 sq ft of private outdoor space. Parking is available for up to six vehicles.
Designed for flexibility, the layout combines indoor comfort with private outdoor areas and on-site parking capacity, supporting a range of residential income or compound-style uses.
Set on a quiet, tree-lined dead-end on the beach blocks, the home is described as just a few houses from the shoreline. It sits on a 40' x 100' lot and provides interior living space of more than 4,000 sq ft, plus more than 2,000 sq ft of private outdoor space. Parking is available for up to six vehicles.
Designed for flexibility, the layout combines indoor comfort with private outdoor areas and on-site parking capacity, supporting a range of residential income or compound-style uses.
Key Highlights
- Two‑family home on a 40' x 100' lot with over 4,000 sq ft of interior living space
- More than 2,000 sq ft of private outdoor space plus parking for up to six vehicles
- Built in 1920; recent improvements include solar panels and repointing the brick facade
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 | $204.0k | $51.00 |
| − Vacancy | −$3.9k | −$0.97 |
| EGI | $200.1k | $50.03 |
| − OpEx | −$60.0k | −$15.01 |
| NOI | $140.1k | $35.02 |
4,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.00M
$1.75M – $2.33M
NOI $140,087 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$1.74M
$1.53M – $2.04M
NOI $122,116 @ 7.0% cap · market cap 6.44%
Theoretical Best
Specialty Retail
$3.31M
$2.90M – $3.86M
NOI $231,840 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two residences on a 40' x 100' lot with solar, lower-level living, and parking for up to six vehicles.
Where is this duplex located?
The property is located at 238 West End Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Two‑family home on a 40' x 100' lot with over 4,000 sq ft of interior living space; More than 2,000 sq ft of private outdoor space plus parking for up to six vehicles; Built in 1920; recent improvements include solar panels and repointing the brick facade
