Two-Family Home with Finished
For Sale
$849,999
Pending
267 Legion Street, Brooklyn, NY 11212
Two-family home with modern kitchen, updated bathrooms, and finished basement.
Property Size2,080 SF
Days on Market605
Property Features for 267 Legion Street
General Information
Standard status
Pending
Size
2,080 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,447
Building Details
Year Built
1930
Listing Agency:
RE/MAX Edge
Listed By:
Leonid Sklyar · License #SKL439
(718) 612-3088
Source:
Exitrealty
Added: Feb 13, 2025
Changed: Sep 1
Last Checked: Sep 15 at 4:35AM
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 RE/MAX Edge
Investment Insights
Based on property information with market context.
This semi-attached, two-family home offers generous living space with a 20x56 building size on a 24x100 lot. It includes shared driveway parking. The second-floor features four spacious bedrooms, a full bathroom, and a private balcony. The first floor includes two bedrooms, another full bathroom, and a fully finished basement with hardwood floors. The property features a modern kitchen and updated bathrooms, making it move-in ready and suitable for comfortable living or investment opportunities.
Key Highlights
- Two‑family home ideal for comfortable living or investment.
- Four bedrooms upstairs and two downstairs.
- Fully finished basement boasts hardwood floors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,845
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,456,900
$1.5M
Cap Rate 7%
$1,040,643
$1.0M
Cap Rate 9%
$809,389
$809.4K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$106.1K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$104.1K $50.03/SF
− OpEx
−$31.2K −$15.01/SF
NOI
$72.8K $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%
$1,456,900
Cap Rate 7%
$1,040,643
Cap Rate 9%
$809,389
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$910.6K – $1.21M
NOI $72,845 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$907.1K
$793.8K – $1.06M
NOI $63,500 @ 7.0% cap · market cap 7.47%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,557 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,714
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with modern kitchen, updated bathrooms, and finished basement.
Where is this duplex located?
The property is located at 267 Legion Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Two‑family home ideal for comfortable living or investment.; Four bedrooms upstairs and two downstairs.; Fully finished basement boasts hardwood floors.
