Two-Family Duplex with
For Sale
$999,000
Pending
315 42nd St, Brooklyn, NY 11232
A two-unit layout includes a basement and outdoor space, with vacant delivery available.
Property Size2,340 SF
Days on Market12
Property Features for 315 42nd St
General Information
Standard status
Pending
Size
2,340 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,596
Building Details
Building Size
2,340 SF
Year Built
1910
Units
2
Listed By:
Allan Zapadinsky
(212) 838-3700
Source:
Elliman
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 9 at 9:25PM
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 Allan Zapadinsky
Investment Insights
Based on property information with market context.
This two-family property at 315 42nd St in Brooklyn contains 4 bedrooms and 3 bathrooms, along with a basement and a private backyard. The building dates to 1910 and measures approximately 2,340 square feet, per public records. It is currently occupied by two tenants and may be delivered vacant.
The property is in Sunset Park. Walk Score is 95, Transit Score is 89, and Bike Score is 58.
The property is in Sunset Park. Walk Score is 95, Transit Score is 89, and Bike Score is 58.
Key Highlights
- Two‑family property with 4 bedrooms and 3 bathrooms
- Approximately 2,340 square feet, per public records
- Basement and private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,951
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,639,020
$1.6M
Cap Rate 7%
$1,170,729
$1.2M
Cap Rate 9%
$910,567
$910.6K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$119.3K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$117.1K $50.03/SF
− OpEx
−$35.1K −$15.01/SF
NOI
$82.0K $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%
$1,639,020
Cap Rate 7%
$1,170,729
Cap Rate 9%
$910,567
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.37M
NOI $81,951 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$1.02M
$893.0K – $1.19M
NOI $71,438 @ 7.0% cap · market cap 7.15%
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.26M
NOI $135,626 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,714
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A two-unit layout includes a basement and outdoor space, with vacant delivery available.
Where is this duplex located?
The property is located at 315 42nd St 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: Two‑family property with 4 bedrooms and 3 bathrooms; Approximately 2,340 square feet, per public records; Basement and private backyard
