Brick Duplex with
New
For Sale
$849,000
290 Rockaway Parkway, Brooklyn, NY 11212
Residential, Triplex, Brooklyn, NY
Property Size1,920 SF
Lot Size0.04 Acres
Price / SF$442.19
Days on Market2
Property Features for 290 Rockaway Parkway
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R6
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
Garage, Carport
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
East Flatbush
Standard status
Active
Size
1,920 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6121
Amenities
front yard
backyard
built-in garage
private driveway
Building Details
Year built
1930
Floors in Building
3
Number of units
3
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Gennadi B. Barmin
(718) 612-3088
Added: Oct 9
Last Checked: Oct 10 at 7:06AM
MLS# 505224
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 brick duplex contains 1,920 square feet within a 20' x 48' building on a 20' x 80' lot. The upper floor has two bedrooms and a flex room suitable for office use; the floor below includes a one-bedroom layout. At ground level, a walk-in studio area is accompanied by a boiler room and garage access. The property also has front and rear yard areas, and is expected to be vacant at closing.
Located in East Flatbush, Brooklyn, the property is zoned R6. Parking includes a built-in garage and private driveway.
Located in East Flatbush, Brooklyn, the property is zoned R6. Parking includes a built-in garage and private driveway.
Key Highlights
- 1,920 square feet in a 20' x 48' building
- 20' x 80' lot; 0.0367 acres
- Upper floor has 2 bedrooms and a flex room; middle floor has 1 bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,242
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,344,840
$1.3M
Cap Rate 7%
$960,600
$960.6K
Cap Rate 9%
$747,133
$747.1K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$97.9K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$96.1K $50.03/SF
− OpEx
−$28.8K −$15.01/SF
NOI
$67.2K $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%
$1,344,840
Cap Rate 7%
$960,600
Cap Rate 9%
$747,133
Alternative Uses
Best Use
Multifamily LT 5
$960.6K
$840.5K – $1.12M
NOI $67,242 @ 7.0% cap · market cap 7.92%
Second Best
Apartment 5plus
$837.4K
$732.7K – $976.9K
NOI $58,616 @ 7.0% cap · market cap 6.90%
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.85M
NOI $111,283 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,389
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A three-level layout combines flexible living areas with on-site garage and driveway parking.
Where is this duplex located?
The property is located at 290 Rockaway Parkway Brooklyn, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 1,920 square feet in a 20' x 48' building; 20' x 80' lot; 0.0367 acres; Upper floor has 2 bedrooms and a flex room; middle floor has 1 bedroom
