Brooklyn Two-Family
For Sale
$1,985,000
332 PARKVILLE Ave, Brooklyn, NY 11230
Two-family home with seven bedrooms and three full baths.
Property Size3,090 SF
Lot Size0.05 Acres
Days on Market215
Property Features for 332 PARKVILLE Ave
General Information
Standard status
Active
Size
3,090 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$7,980
Building Details
Building Size
3,090 SF
Year Built
1899
Units
2
Listing Agency:
ISLAND ADVANTAGE REALTY LLC
Listed By:
Todd A. Yovino · License #49YO0956714
(631) 351-6000
Source:
Elliman
Added: Mar 11
Changed: Oct 8
Last Checked: Oct 11 at 8:48AM
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 ISLAND ADVANTAGE REALTY LLC
Investment Insights
Based on property information with market context.
This two-family home is located in Brooklyn, NY. It features a total of seven bedrooms and three full baths. All information is estimated to the best of our abilities at this time.
Key Highlights
- Seven bedrooms offer ample space.
- Three full baths provide convenience.
- Two‑family home presents investment potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,217
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,164,340
$2.2M
Cap Rate 7%
$1,545,957
$1.5M
Cap Rate 9%
$1,202,411
$1.2M
Market Conditions
NOI Build-Up for 3,090 SF
Gross rent
$157.6K $51.00/SF
− Vacancy
−$3.0K −$0.97/SF
EGI
$154.6K $50.03/SF
− OpEx
−$46.4K −$15.01/SF
NOI
$108.2K $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%
$2,164,340
Cap Rate 7%
$1,545,957
Cap Rate 9%
$1,202,411
Alternative Uses
Best Use
Multifamily LT 5
$1.55M
$1.35M – $1.80M
NOI $108,217 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,334 @ 7.0% cap · market cap 4.75%
Theoretical Best
Specialty Retail
$2.56M
$2.24M – $2.98M
NOI $179,096 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,573
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with seven bedrooms and three full baths.
Where is this duplex located?
The property is located at 332 PARKVILLE Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: Seven bedrooms offer ample space.; Three full baths provide convenience.; Two‑family home presents investment potential.
