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Queens Multifamily Property for Sale
For Sale
$780,000
Pending

2409 Brookhaven Ave, Queens, NY 11691

Multifamily property in Queens, New York, available for purchase.

Property Size2,040 SF
Lot Size0.06 Acres
Days on Market314

Property Features for 2409 Brookhaven Ave

General Information

Standard status Pending
Size 2,040 SF
Lot size 0.06 Acres
Property subtype Multi Family

Building Details

Building Size 2,040 SF
Listed By: Gerald Magny · License #10401346392
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 25 Last Checked: Oct 7 at 1:54PM

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 Gerald Magny

Investment Insights

Based on property information with market context.

A multifamily property located at 2409 Brookhaven Ave, Queens, New York 11691, is available for sale. The list price is $799,999.

Key Highlights

  • No selling points could be extracted from the provided property information, as it is empty.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,867
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,340 $997.3K
Cap Rate 7%
$712,386 $712.4K
Cap Rate 9%
$554,078 $554.1K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$94.2K $46.20/SF
− Vacancy
−$3.6K −$1.76/SF
EGI
$90.7K $44.44/SF
− OpEx
−$40.8K −$20.00/SF
NOI
$49.9K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$997,340
Cap Rate 7%
$712,386
Cap Rate 9%
$554,078

Alternative Uses

Best Use
Apartment 5plus
$712.4K
$623.3K – $831.1K (±1% cap)
NOI $49,867 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,274 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,859
Businesses Nearby

Demographics for 11691, NY

64,673
Population
23,400
Households
2.8
Avg Household Size
34
Median Age
23%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
23,953
Density / Sq Mi
$57,027
Median Household Income
$40,366
Median Earnings
$1,444
Median Rent
$649,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property in Queens, New York, available for purchase.
Where is this multifamily property located?
The property is located at 2409 Brookhaven Ave Queens, NY.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: No selling points could be extracted from the provided property information, as it is empty.
More about this property
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