Renovated Two-Family
For Sale
$1,289,000
35 Euclid Avenue, Brooklyn, NY 11208
Two residential units feature modern kitchens, central HVAC, and a finished basement with separate interior and exterior access.
Property Size3,000 SF
Price / SF$429.67
Days on Market33
Property Features for 35 Euclid Avenue
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 4BR/2BA, 1 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,986
Amenities
First Floor Bedroom
First Floor Full Bath
Chefs Kitchen
Granite Counters
Kitchen Island
Primary Bathroom
Master Downstairs
Recessed Lighting
Washer/Dryer Hookup
Building Details
Building Size
3,000 SF
Year Built
1920
Buildings
1
Stories
3
Units
2
Listing Agency:
Keystone Realty USA Corp
(631) 261-2800
Listed By:
Gabriel Kashi
(347) 419-5268
Source:
Croninreale
Added: Sep 24
Changed: Oct 25
Last Checked: Oct 26 at 3:48AM
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 Keystone Realty USA Corp
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Investment Insights
Based on property information with market context.
This renovated, three-story brick duplex contains two residences: an upper unit with 4 bedrooms and 2 bathrooms, and a garden unit with 3 bedrooms and 2 bathrooms. Both have open living and dining areas, granite kitchens with custom cabinetry and stainless steel appliances, and bedrooms with closet space. The primary suite includes a private bathroom. A high-ceiling finished basement has both interior and exterior access. Improvements include oak flooring, recessed lighting, central HVAC, and updated electrical, heating, and plumbing systems.
The property is at 35 Euclid Avenue in Brooklyn’s Cypress Hills neighborhood, just off Jamaica Avenue, Fulton Street, and Ridgewood Avenue. Highland Park, schools, shopping, restaurants, cafes, and other parks are nearby. The building was constructed in 1920.
The property is at 35 Euclid Avenue in Brooklyn’s Cypress Hills neighborhood, just off Jamaica Avenue, Fulton Street, and Ridgewood Avenue. Highland Park, schools, shopping, restaurants, cafes, and other parks are nearby. The building was constructed in 1920.
Key Highlights
- Two‑family property with a 4‑bedroom, 2‑bath upper unit and a 3‑bedroom, 2‑bath garden unit
- Three‑story brick townhouse built in 1920
- High‑ceiling finished basement with interior and exterior access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,011
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,220
$1.5M
Cap Rate 7%
$1,100,157
$1.1M
Cap Rate 9%
$855,678
$855.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$115.2K $38.40/SF
− Vacancy
−$5.2K −$1.73/SF
EGI
$110.0K $36.67/SF
− OpEx
−$33.0K −$11.00/SF
NOI
$77.0K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,540,220
Cap Rate 7%
$1,100,157
Cap Rate 9%
$855,678
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$962.6K – $1.28M
NOI $77,011 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$979.6K
$857.1K – $1.14M
NOI $68,571 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,494 @ 7.0% cap · market cap 9.97%
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
1,546
Businesses Nearby
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Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature modern kitchens, central HVAC, and a finished basement with separate interior and exterior access.
Where is this duplex located?
The property is located at 35 Euclid Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: Two‑family property with a 4‑bedroom, 2‑bath upper unit and a 3‑bedroom, 2‑bath garden unit; Three‑story brick townhouse built in 1920; High‑ceiling finished basement with interior and exterior access
