7-Bedroom Duplex
New
For Sale
$1,149,000
291 atkins ave, Brooklyn, NY 11208
Residential Income, Brooklyn, NY
Property Size3,375 SF
Lot Size0.08 Acres
Price / SF$340.44
Days on Market5
Property Features for 291 atkins ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3
Subdivision
East New York
Standard status
Active
Size
3,375 SF
Lot size
0.08 Acres
Amenities
balconies
Building Details
Floors in Building
3
Listing Agency:
MY HOME ADVISORS LLC
(516) 974-3094
Listed By:
Oren Kraiem
(516) 425-3286
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 10 at 3:06AM
MLS# 12016282
Copyright © 2026 My State MLS. 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 property contains 3,375 square feet across three above-ground levels and a finished basement with a separate entrance. The home has 7 bedrooms and 3 bathrooms, with a four-bedroom owner’s duplex occupying the upper two floors and a two-bedroom apartment on the first floor. The property is vacant, and the interior has been renovated. Balconies provide outdoor space, and a private driveway accommodates two cars.
Key Highlights
- 3,375 square feet of interior space
- 7 bedrooms and 3 bathrooms
- Owner’s duplex spans the upper two floors and includes 4 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,638
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,732,760
$1.7M
Cap Rate 7%
$1,237,686
$1.2M
Cap Rate 9%
$962,644
$962.6K
Market Conditions
NOI Build-Up for 3,375 SF
Gross rent
$129.6K $38.40/SF
− Vacancy
−$5.8K −$1.73/SF
EGI
$123.8K $36.67/SF
− OpEx
−$37.1K −$11.00/SF
NOI
$86.6K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,732,760
Cap Rate 7%
$1,237,686
Cap Rate 9%
$962,644
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,638 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$1.10M
$964.3K – $1.29M
NOI $77,143 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,556 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,861
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Check the figures for this property
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 private driveway accommodates two cars, with balconies providing outdoor space across the floors.
Where is this duplex located?
The property is located at 291 atkins ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 3,375 square feet of interior space; 7 bedrooms and 3 bathrooms; Owner’s duplex spans the upper two floors and includes 4 bedrooms
