Two-Story Duplex
For Sale
$1,190,000
343 82nd Street, Brooklyn, NY 11209
Residential, Duplex, Brooklyn, NY
Property Size1,342 SF
Lot Size0.04 Acres
Price / SF$886.74
Days on Market60
Property Features for 343 82nd Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4B
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1
Parking features
Garage - Attached
Interior features
A/C Unit - Window, Stove
Basement
Unfinished
Subdivision
Bay Ridge
Standard status
Active
Size
1,342 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
8792
Building Details
Year built
1920
Flooring type
Hardwood
Roof type
Flat
Architectural style
Other
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
Kawing Chiu · License #10301208208
(718) 987-7900
Added: Aug 18
Changed: Oct 16
Last Checked: Oct 16 at 8:06PM
MLS# 503905
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.
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Investment Insights
Based on property information with market context.
This two-story duplex property was built in 1920 and offers 1,342 square feet of living space on a 1,941-square-foot lot. Brick construction, a full unfinished basement, hardwood flooring, window A/C, and a stove are among the documented features. The R4B zoning designation is also associated with the property.
The address is in Brooklyn’s Bay Ridge area, near shops, restaurants, schools, parks, public transportation, and other everyday services. The R subway line provides access through Brooklyn and into Manhattan. The property’s location, residential configuration, and existing basement create a practical foundation for continued residential use and future improvements.
The address is in Brooklyn’s Bay Ridge area, near shops, restaurants, schools, parks, public transportation, and other everyday services. The R subway line provides access through Brooklyn and into Manhattan. The property’s location, residential configuration, and existing basement create a practical foundation for continued residential use and future improvements.
Key Highlights
- 1,342 square feet of living space on a 1,941‑square‑foot lot
- Built in 1920 with brick construction
- Two‑story duplex property with a full unfinished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,970
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,400
$819.4K
Cap Rate 7%
$585,286
$585.3K
Cap Rate 9%
$455,222
$455.2K
Market Conditions
NOI Build-Up for 1,342 SF
Gross rent
$76.0K $56.64/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$74.5K $55.51/SF
− OpEx
−$33.5K −$24.98/SF
NOI
$41.0K $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%
$819,400
Cap Rate 7%
$585,286
Cap Rate 9%
$455,222
Alternative Uses
Best Use
Apartment 5plus
$585.3K
$512.1K – $682.8K
NOI $40,970 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$972.3K – $1.30M
NOI $77,782 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,776
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Brick residential property with an unfinished basement, hardwood flooring, window A/C, and convenient access to neighborhood amenities.
Where is this single family property located?
The property is located at 343 82nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 1,342 square feet of living space on a 1,941‑square‑foot lot; Built in 1920 with brick construction; Two‑story duplex property with a full unfinished basement
