Duplex with Detached
34 Marginal St W, Brooklyn, NY 11207
For Sale
$1,070,000
Three-level residence includes a finished basement with its own exterior entrance and shared driveway access.
Property Size1,900 SF
Price / SF$563.16
Days on Market23
Property Features for 34 Marginal St W
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
Chase Global Realty Corp
Listed By:
Sophia X. Yao · License NY #10311201216
(718) 355-8788
Source:
Searchhomesinlongisland
Added: Oct 18
Changed: Nov 8
Last Checked: Nov 8 at 6:45AM
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 Chase Global Realty Corp
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Investment Insights
Based on property information with market context.
This two-family duplex provides 6 bedrooms and 3 full bathrooms across three levels. A finished basement adds usable space and has a separate exterior entrance. The property also includes a shared driveway and detached garage, with the garage offering additional storage potential.
Built in 1910, the residence contains 1,900 square feet. Nearby transportation options include the J, Z and L subway lines and LIRR service. Jamaica Avenue and Atlantic Avenue are also nearby, along with neighborhood shops, restaurants and bus service.
Built in 1910, the residence contains 1,900 square feet. Nearby transportation options include the J, Z and L subway lines and LIRR service. Jamaica Avenue and Atlantic Avenue are also nearby, along with neighborhood shops, restaurants and bus service.
Key Highlights
- Two‑family property with 6 bedrooms and 3 full bathrooms
- Three levels plus a finished basement with separate exterior entrance
- 1,900 square feet; built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,541
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,330,820
$1.3M
Cap Rate 7%
$950,586
$950.6K
Cap Rate 9%
$739,344
$739.3K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$96.9K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$95.1K $50.03/SF
− OpEx
−$28.5K −$15.01/SF
NOI
$66.5K $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%
$1,330,820
Cap Rate 7%
$950,586
Cap Rate 9%
$739,344
Alternative Uses
Best Use
Multifamily LT 5
$950.6K
$831.8K – $1.11M
NOI $66,541 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$828.6K
$725.1K – $966.8K
NOI $58,005 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$1.57M
$1.38M – $1.84M
NOI $110,124 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,684
Businesses Nearby
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Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Three-level residence includes a finished basement with its own exterior entrance and shared driveway access.
Where is this duplex located?
The property is located at 34 Marginal St W Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,070,000.
What are key features of this property?
This property features: Two‑family property with 6 bedrooms and 3 full bathrooms; Three levels plus a finished basement with separate exterior entrance; 1,900 square feet; built in 1910
