Updated Duplex Two-Family
For Sale
$997,000
2790 Ford St, Brooklyn, NY 11235
Semi-detached residential property with separate living areas, off-street parking, and recent kitchen and roof updates.
Property Size1,312 SF
Lot Size0.05 Acres
Price / SF$759.91
Days on Market10
Property Features for 2790 Ford St
General Information
Standard status
Active
Size
1,312 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Units
Unit Mix
3BR/1.5BA, 2BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Building Details
Building Size
1,312 SF
Listing Agency:
Golden Real
(718) 891-8882
Listed By:
Olena Bukhanov · License #OB4151
(718) 891-8882
Source:
Elliman
Added: Aug 21
Changed: Aug 24
Last Checked: Aug 29 at 1:18PM
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 Golden Real
Investment Insights
Based on property information with market context.
This semi-detached two-family property provides approximately 1,312 sq. ft. of building area on a 20.25’ x 100’ lot. The primary residence is arranged as a duplex with three bedrooms and 1.5 bathrooms. A lower-level area adds two bedrooms, a kitchen, and two bathrooms, creating a flexible multi-unit configuration. Kitchens and bathrooms include windows, while the upper kitchen and its appliances are approximately one year old. The roof is also approximately one year old.
A private driveway provides off-street parking. The property is located at 2790 Ford St in Brooklyn, NY 11235, with access to shopping, transportation, schools, and neighborhood amenities. WalkScore is 80, BikeScore is 63, and TransitScore is 63.
A private driveway provides off-street parking. The property is located at 2790 Ford St in Brooklyn, NY 11235, with access to shopping, transportation, schools, and neighborhood amenities. WalkScore is 80, BikeScore is 63, and TransitScore is 63.
Key Highlights
- Two‑family duplex property with approximately 1,312 sq. ft. of building area
- Primary duplex includes three bedrooms and 1.5 bathrooms
- Lower level has two bedrooms, a kitchen, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,948
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$918,960
$919.0K
Cap Rate 7%
$656,400
$656.4K
Cap Rate 9%
$510,533
$510.5K
Market Conditions
NOI Build-Up for 1,312 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$66.9K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$65.6K $50.03/SF
− OpEx
−$19.7K −$15.01/SF
NOI
$45.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$918,960
Cap Rate 7%
$656,400
Cap Rate 9%
$510,533
Alternative Uses
Best Use
Multifamily LT 5
$656.4K
$574.4K – $765.8K
NOI $45,948 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$572.2K
$500.7K – $667.6K
NOI $40,054 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$1.09M
$950.6K – $1.27M
NOI $76,044 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,364
Businesses Nearby
Explore this area
Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
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 - Semi-detached residential property with separate living areas, off-street parking, and recent kitchen and roof updates.
Where is this duplex located?
The property is located at 2790 Ford St Brooklyn, NY.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: Two‑family duplex property with approximately 1,312 sq. ft. of building area; Primary duplex includes three bedrooms and 1.5 bathrooms; Lower level has two bedrooms, a kitchen, and two bathrooms
