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Two-Family Duplex With Driveway
For Sale
$997,000

2790 Ford Street, Brooklyn, NY 11235

Residential, Brooklyn, NY

Property Size1,312 SF
Lot Size0.05 Acres
Price / SF$759.91
Days on Market9

Property Features for 2790 Ford Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 4
Full bathrooms 1
Rooms Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
Patio and Porch features Porch
Interior features Dishwasher, Dryer, Laundry Area, Porch, Refrigerator, Stove, Washer
Subdivision Sheepshead Bay
Standard status Active
Size 1,312 SF
Lot size 0.05 Acres

Building Details

Number of units 2
Flooring type Carpet, Tile, Parquet Wood
Building materials Block
Roof type Flat
Listing Agency: Golden Real
Listed By: Olena Bukhanov
Added: Aug 20 Last Checked: Aug 28 at 10:06AM
MLS# 503942

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 semi-detached duplex contains two residential living areas within approximately 1,312 square feet of building space. The primary residence is arranged over two levels with three bedrooms and 1.5 bathrooms. A second lower-level area provides two bedrooms, a kitchen, and two bathrooms. Kitchens and bathrooms include windows, while the property also features a porch, laundry area, dishwasher, refrigerator, stove, washer, and dryer. Interior finishes include parquet wood, carpet, and tile flooring.

The home is located at 2790 Ford Street in Brooklyn, NY 11235. A private driveway provides off-street parking. Recent updates include an approximately one-year-old kitchen with newer appliances and a roof of approximately one year. The property occupies a 20.25' x 100' lot, with building dimensions of approximately 16' x 37'.

Key Highlights

  • Two‑family duplex with approximately 1,312 sq. ft. of building area
  • Primary unit includes three bedrooms and 1.5 bathrooms
  • Lower‑level living area offers 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 (±1% cap)
NOI $45,948 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$572.2K
$500.7K – $667.6K (±1% cap)
NOI $40,054 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$1.09M
$950.6K – $1.27M (±1% cap)
NOI $76,044 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Catering Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,364
Businesses Nearby

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

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 - Semi-detached residential property with separate living areas, updated appliances, and off-street parking.
Where is this duplex located?
The property is located at 2790 Ford Street 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 with approximately 1,312 sq. ft. of building area; Primary unit includes three bedrooms and 1.5 bathrooms; Lower‑level living area offers two bedrooms, a kitchen, and two bathrooms
More about this property
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