Waterfront Duplex Residential
For Sale
$649,000
3112 Emmons Avenue 31163, Brooklyn, NY 11235
A two-bedroom residence pairs a private terrace with shared pool and fitness amenities.
Property Size1,283 SF
Price / SF$505.85
Days on Market26
Property Features for 3112 Emmons Avenue 31163
General Information
Standard status
Active
Size
1,283 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
swimming pool
fitness center
landscaped outdoor spaces
on-site resident parking
in-unit washer and dryer
private terrace
Building Details
Building Size
1,283 SF
Year Built
2007
Listing Agency:
Compass
Listed By:
Alexander Vladimirov · License #10401355780
(917) 621-1150
Source:
Howardhannanyc
Added: Oct 1
Changed: Oct 25
Last Checked: Oct 24 at 11:38PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,684-square-foot duplex residence has two bedrooms, two bathrooms, and a private terrace. Floor-to-ceiling windows bring natural light into the open living and dining area, while the kitchen includes stainless-steel appliances, custom cabinetry, and stone countertops. An in-unit washer and dryer are also included. The building was completed in 2007.
Set on the waterfront in Sheepshead Bay, the property is positioned above a marina. Resident amenities include a swimming pool, fitness center, landscaped outdoor areas, and on-site parking.
Set on the waterfront in Sheepshead Bay, the property is positioned above a marina. Resident amenities include a swimming pool, fitness center, landscaped outdoor areas, and on-site parking.
Key Highlights
- 1,684‑square‑foot duplex with 2 bedrooms and 2 bathrooms
- Private terrace at a waterfront property above a marina
- Open living and dining area with floor‑to‑ceiling windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,169
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,380
$783.4K
Cap Rate 7%
$559,557
$559.6K
Cap Rate 9%
$435,211
$435.2K
Market Conditions
NOI Build-Up for 1,283 SF
Gross rent
$72.7K $56.64/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$71.2K $55.51/SF
− OpEx
−$32.0K −$24.98/SF
NOI
$39.2K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$783,380
Cap Rate 7%
$559,557
Cap Rate 9%
$435,211
Alternative Uses
Best Use
Apartment 5plus
$559.6K
$489.6K – $652.8K
NOI $39,169 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.06M
$929.5K – $1.24M
NOI $74,363 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,124
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
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom residence pairs a private terrace with shared pool and fitness amenities.
Where is this residential income property located?
The property is located at 3112 Emmons Avenue 31163 Brooklyn, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1,684‑square‑foot duplex with 2 bedrooms and 2 bathrooms; Private terrace at a waterfront property above a marina; Open living and dining area with floor‑to‑ceiling windows
