Detached Single-Family
32 87th Street Brooklyn, NY 11209
32 87th Street, Brooklyn, NY, 11209
$1,988,000
For Sale
$1,988,000
SINGLE_FAMILY - Brooklyn, NY
Property Size2,415 SF
Lot Size0.09 Acres
Price / SF$823.19
Days on Market44
Property Features for 32 87th Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R3-1
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3
- Interior features
- Dishwasher, Dryer, Fireplace, Laundry Area, Microwave, Refrigerator, Stove, Washer
- Fireplace
- 1
- Basement
- Finished
- Standard status
- Active
- Size
- 2,415 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14594
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Wood Frame
- Architectural style
- Other
Listing Agency
RE/MAX Edge
(718) 612-3088
1812 Bath Ave, Brooklyn, NY
Listed by
Ping Chen
(718) 612-3088
Added: Jun 4 Checked: Jul 17 at 6:06 pm
MLS# 501982
Listing URL
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.
Welcome to this beautifully maintained detached residence situated on a 40x100 corner lot. The home offers approximately 2,415 square feet of living space plus an additional 826 square feet in the basement, providing room for daily living, storage, and flexible use. The main level includes a spacious living room centered around a gas fireplace, a sun-filled room that can serve as a home office or family room, a formal dining room, and a modern eat-in kitchen with tiled flooring. A convenient half bathroom completes this level.
Upstairs, you’ll find three well-proportioned bedrooms with excellent closet space and a full bathroom. The finished lower level adds a dedicated laundry area, a 3/4 bathroom, generous storage, and open space suited for recreation and hobbies. Outdoors, enjoy a private fenced backyard, along with a detached two-car garage equipped with a Tesla charger and a private driveway for additional off-street parking.
The property is in Bay Ridge and is positioned near the Shore Road waterfront promenade, parks, shopping, dining, and transportation. Zoning is R3-1.
Upstairs, you’ll find three well-proportioned bedrooms with excellent closet space and a full bathroom. The finished lower level adds a dedicated laundry area, a 3/4 bathroom, generous storage, and open space suited for recreation and hobbies. Outdoors, enjoy a private fenced backyard, along with a detached two-car garage equipped with a Tesla charger and a private driveway for additional off-street parking.
The property is in Bay Ridge and is positioned near the Shore Road waterfront promenade, parks, shopping, dining, and transportation. Zoning is R3-1.
Key Highlights
- Detached Bay Ridge home on a 40x100 corner lot with a private fenced backyard
- Approx. 2,415 sq ft plus an additional 826 sq ft in the basement for extra living and storage space
- Built in 1920 with hardwood and tile flooring and a gas fireplace in the living room
Local Financial Insights For Apartment 5plus
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 | $136.8k | $56.64 |
| − Vacancy | −$2.7k | −$1.13 |
| EGI | $134.0k | $55.51 |
| − OpEx | −$60.3k | −$24.98 |
| NOI | $73.7k | $30.53 |
2,415 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$921.6K – $1.23M
NOI $73,727 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.33M
NOI $139,973 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Detached home on a corner lot with fenced backyard and detached two-car garage equipped with a Tesla charger.
Where is this single family property located?
The property is located at 32 87th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Detached Bay Ridge home on a 40x100 corner lot with a private fenced backyard; Approx. 2,415 sq ft plus an additional 826 sq ft in the basement for extra living and storage space; Built in 1920 with hardwood and tile flooring and a gas fireplace in the living room
