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Two-Family Home with Finished Basement
For Sale
$849,999
Pending

267 Legion St, Brooklyn, NY 11212

Two-family home with modern kitchen, updated bathrooms, and finished basement.

Property Size2,080 SF
Lot Size0.06 Acres
Days on Market216

Property Features for 267 Legion St

General Information

Standard status Pending
Size 2,080 SF
Lot size 0.06 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $2,447

Building Details

Building Size 2,080 SF
Year Built 1930
Stories 2
Listing Agency: Womcore LLC dba Remax Edge
Listed By: Leonid Sklyar · License #SKL439
Source: Elliman
Added: Mar 10 Changed: Sep 27 Last Checked: Oct 9 at 9:53PM

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 Womcore LLC dba Remax 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 includes 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 on the second floor with a private balcony.
  • Fully finished basement with gleaming hardwood floors**.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,224
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,480 $784.5K
Cap Rate 7%
$560,343 $560.3K
Cap Rate 9%
$435,822 $435.8K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$57.1K $51.00/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$56.0K $50.03/SF
− OpEx
−$16.8K −$15.01/SF
NOI
$39.2K $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%
$784,480
Cap Rate 7%
$560,343
Cap Rate 9%
$435,822

Alternative Uses

Best Use
Multifamily LT 5
$560.3K
$490.3K – $653.7K (±1% cap)
NOI $39,224 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$488.5K
$427.4K – $569.9K (±1% cap)
NOI $34,192 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$927.4K
$811.4K – $1.08M (±1% cap)
NOI $64,915 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Dental Office Parking Lot & Garage Gym & Fitness Center

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

3,714
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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 St 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 on the second floor with a **private balcony**.; Fully finished basement with gleaming hardwood floors**.
More about this property
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