Duplex with Full
New
For Sale
$870,000
243 E 26th Street, Brooklyn, NY 11226
Residential, Brooklyn, NY
Property Size1,380 SF
Lot Size0.04 Acres
Price / SF$630.43
Days on Market4
Property Features for 243 E 26th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 4
Basement
Full, Finished
Subdivision
East Flatbush
Standard status
Active
Size
1,380 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6654
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Ceramic, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Gosen Properties
Listed By:
Emmanuel Victor
(718) 704-0494
Added: Oct 19
Changed: Oct 20
Last Checked: Oct 22 at 2:06PM
MLS# 505440
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.
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Investment Insights
Based on property information with market context.
This 1,380-square-foot brick duplex, built in 1925, contains two apartments: a three-bedroom, one-bath unit upstairs and a two-bedroom, one-bath unit on the first floor. A full basement has its own entrance at the front of the building. The property requires renovation and is being sold as is. Hardwood and ceramic flooring are present, and the zoning is R6.
The property is in Brooklyn, near Kings Theatre, Brooklyn College, Target, and neighborhood restaurants and supermarkets. Subway service on the 2/5 and B/Q lines, along with the B8, B41, B44, and B49 bus routes, serves the area.
The property is in Brooklyn, near Kings Theatre, Brooklyn College, Target, and neighborhood restaurants and supermarkets. Subway service on the 2/5 and B/Q lines, along with the B8, B41, B44, and B49 bus routes, serves the area.
Key Highlights
- Two‑apartment brick building with a three‑bedroom unit over a two‑bedroom unit
- Full basement with a separate front entrance
- 1,380 square feet on a 0.0413‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,981
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,620
$699.6K
Cap Rate 7%
$499,729
$499.7K
Cap Rate 9%
$388,678
$388.7K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$52.2K $37.80/SF
− Vacancy
−$2.2K −$1.59/SF
EGI
$50.0K $36.21/SF
− OpEx
−$15.0K −$10.86/SF
NOI
$35.0K $25.35/SF
Area
ZIP 11226
Vacancy
4.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,620
Cap Rate 7%
$499,729
Cap Rate 9%
$388,678
Alternative Uses
Best Use
Multifamily LT 5
$499.7K
$437.3K – $583.0K
NOI $34,981 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$462.2K
$404.4K – $539.2K
NOI $32,352 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$682.1K
$596.8K – $795.8K
NOI $47,746 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,185
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments and a basement offer a renovation project in Brooklyn.
Where is this duplex located?
The property is located at 243 E 26th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Two‑apartment brick building with a three‑bedroom unit over a two‑bedroom unit; Full basement with a separate front entrance; 1,380 square feet on a 0.0413‑acre lot
