Duplex Residence with Private
New
For Sale
$1,250,000
26 Eldert Street 1, Brooklyn, NY 11207
A two-level home pairs three bedrooms with a substantial private outdoor area.
Property Size1,843 SF
Price / SF$678.24
Days on Market6
Property Features for 26 Eldert Street 1
General Information
Standard status
Active
Size
1,843 SF
Property subtype
Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,832
Amenities
private backyard
Building Details
Building Size
1,843 SF
Year Built
2018
Listing Agency:
EXP Realty NYC
Listed By:
Caroline Peters
(678) 634-7249
Source:
Miradorrealestate
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 4:01PM
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 EXP Realty NYC
Investment Insights
Based on property information with market context.
Residence 1 is a 1,843-square-foot duplex with three bedrooms and two full bathrooms. Its private backyard adds outdoor area to the home's interior living space. The building was constructed in 2018, and select listing images have been virtually staged.
The property is on Eldert Street in Brooklyn’s Bushwick neighborhood. The L train connects with Union Square, while the J train provides access to Williamsburg and Lower Manhattan. Restaurants, cafes, and bars are described as close by.
The property is on Eldert Street in Brooklyn’s Bushwick neighborhood. The L train connects with Union Square, while the J train provides access to Williamsburg and Lower Manhattan. Restaurants, cafes, and bars are described as close by.
Key Highlights
- 1,843 square feet across a duplex layout
- Three bedrooms and two full bathrooms
- Private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,265
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,300
$1.1M
Cap Rate 7%
$803,786
$803.8K
Cap Rate 9%
$625,167
$625.2K
Market Conditions
NOI Build-Up for 1,843 SF
Gross rent
$104.4K $56.64/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$102.3K $55.51/SF
− OpEx
−$46.0K −$24.98/SF
NOI
$56.3K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,300
Cap Rate 7%
$803,786
Cap Rate 9%
$625,167
Alternative Uses
Best Use
Apartment 5plus
$803.8K
$703.3K – $937.8K
NOI $56,265 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $106,820 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,390
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-level home pairs three bedrooms with a substantial private outdoor area.
Where is this residential income property located?
The property is located at 26 Eldert Street 1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1,843 square feet across a duplex layout; Three bedrooms and two full bathrooms; Private backyard
