Brick Two-Family Residential
309 Logan Street Brooklyn, NY 11208
For Sale
$999,000
Well-maintained brick duplex with two separate apartments, updated kitchen, dedicated laundry, and private outdoor space.
Property Size2,258 SF
Price / SF$442.43
Days on Market68
Property Features for 309 Logan Street
General Information
- Standard status
- Active
- Size
- 2,258 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2007
Listing Agency:
World Wide Homes Inc
(718) 221-2100
Listed By:
Julie Kirkland
(718) 221-2100
Source:
Compass
Added: May 17
Changed: Jul 22
Last Checked: Jul 23 at 8:55AM
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 World Wide Homes Inc
Investment Insights
Based on property information with market context.
This well-maintained brick two-family home offers a duplex setup with two separate residences. The owner’s unit includes three bedrooms and two full bathrooms, along with hardwood floors, an updated kitchen featuring a new refrigerator, and updated windows. The second-floor apartment provides two large bedrooms, a full bathroom, a spacious kitchen, and hardwood flooring throughout.
Additional conveniences include a dedicated laundry room, two separate boilers, and two separate hot water heaters. Recent improvements include a newly installed roof, a new hot water heater, and five new windows. Outside, the property features a private driveway, a spacious garage with ample storage, and a private backyard.
Located in East New York, Brooklyn near public transportation and everyday amenities, the property is positioned for straightforward owner-occupant or rental use within a connected residential area.
Additional conveniences include a dedicated laundry room, two separate boilers, and two separate hot water heaters. Recent improvements include a newly installed roof, a new hot water heater, and five new windows. Outside, the property features a private driveway, a spacious garage with ample storage, and a private backyard.
Located in East New York, Brooklyn near public transportation and everyday amenities, the property is positioned for straightforward owner-occupant or rental use within a connected residential area.
Key Highlights
- Well‑maintained 2‑family brick home with a private driveway, garage with storage, and a private backyard
- Owner’s duplex: 3 bedrooms, 2 full bathrooms, and hardwood flooring throughout; primary on main
- Second‑floor apartment: 2 large bedrooms, 1 full bathroom, spacious kitchen, and hardwood flooring throughout
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.7k | $38.40 |
| − Vacancy | −$3.9k | −$1.73 |
| EGI | $82.8k | $36.67 |
| − OpEx | −$24.8k | −$11.00 |
| NOI | $58.0k | $25.67 |
2,258 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$828.1K
$724.6K – $966.1K
NOI $57,964 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$737.3K
$645.1K – $860.2K
NOI $51,611 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,713 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained brick duplex with two separate apartments, updated kitchen, dedicated laundry, and private outdoor space.
Where is this duplex located?
The property is located at 309 Logan Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Well‑maintained 2‑family brick home with a private driveway, garage with storage, and a private backyard; Owner’s duplex: 3 bedrooms, 2 full bathrooms, and hardwood flooring throughout; primary on main; Second‑floor apartment: 2 large bedrooms, 1 full bathroom, spacious kitchen, and hardwood flooring throughout
