Brick Duplex with Attached
For Sale
$1,725,000
244 92nd Street, Brooklyn, NY 11209
Residential, Brooklyn, NY
Property Size3,160 SF
Lot Size0.05 Acres
Price / SF$545.89
Days on Market52
Property Features for 244 92nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 2, Bedroom 7, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1
Subdivision
Bay Ridge
Standard status
Active
Size
3,160 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
12642
Amenities
backyard
Building Details
Year built
1965
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Ben Bay Realty Co of Bay Ridge
(718) 238-6080
Listed By:
Charles A. Fabbella
(917) 453-0053
Added: Aug 16
Changed: Oct 2
Last Checked: Oct 6 at 8:06PM
MLS# 503834
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.
This brick duplex offers a two-family configuration with 3,160 square feet of living area, seven bedrooms, and five bathrooms. The 20 x 56 home sits on a 20 x 100 lot and includes hardwood flooring, an attached one-car garage, and a private driveway. A backyard provides additional outdoor space, while the flat roof and 1965 construction reflect the property’s established building profile. The home also features a new Navien hot water on demand system.
Located at 244 92nd Street in Brooklyn, the property is designated R4-1. Its combination of residential layout, on-site parking, outdoor area, and substantial bedroom and bathroom count supports its two-family use configuration.
Located at 244 92nd Street in Brooklyn, the property is designated R4-1. Its combination of residential layout, on-site parking, outdoor area, and substantial bedroom and bathroom count supports its two-family use configuration.
Key Highlights
- Two‑family duplex with 3,160 square feet of living area
- Seven bedrooms and five bathrooms
- 20 x 100 lot with a 20 x 56 home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,669
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,213,380
$2.2M
Cap Rate 7%
$1,580,986
$1.6M
Cap Rate 9%
$1,229,656
$1.2M
Market Conditions
NOI Build-Up for 3,160 SF
Gross rent
$161.2K $51.00/SF
− Vacancy
−$3.1K −$0.97/SF
EGI
$158.1K $50.03/SF
− OpEx
−$47.4K −$15.01/SF
NOI
$110.7K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,213,380
Cap Rate 7%
$1,580,986
Cap Rate 9%
$1,229,656
Alternative Uses
Best Use
Multifamily LT 5
$1.58M
$1.38M – $1.84M
NOI $110,669 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$1.38M
$1.21M – $1.61M
NOI $96,472 @ 7.0% cap · market cap 5.59%
Theoretical Best
Specialty Retail
$2.62M
$2.29M – $3.05M
NOI $183,154 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,692
Businesses Nearby
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Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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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?
Duplex - Two-family property with private parking, hardwood flooring, and a backyard.
Where is this duplex located?
The property is located at 244 92nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Two‑family duplex with 3,160 square feet of living area; Seven bedrooms and five bathrooms; 20 x 100 lot with a 20 x 56 home
