Duplex with Private
New
For Sale
$2,329,000
357 90th St, Brooklyn, NY 11209
A multi-level residence combines two three-bedroom living areas with an additional upper-level bedroom and full bath.
Property Size2,422 SF
Days on Market5
Property Features for 357 90th St
General Information
Standard status
Active
Size
2,422 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$11,971
Building Details
Building Size
2,422 SF
Year Built
2014
Listing Agency:
Homemax Realty Inc
Listed By:
Allen Z. Luo · License #10491214007
(929) 460-0008
Source:
Elliman
Added: Oct 7
Last Checked: Oct 9 at 10:02PM
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 Homemax Realty Inc
Investment Insights
Based on property information with market context.
This two-family brick residence, built in 2014, has a multi-level layout. One level contains three bedrooms, a living room, and one and a half bathrooms, with an additional living area and kitchen on the lower level. Another level has three bedrooms, a living room, and one and a half bathrooms; the upper level adds a bedroom and full bathroom. Hardwood and tile flooring, natural light, and landscaped outdoor areas are among the property’s features.
A side entrance leads to a large, fenced rear yard, with landscaping at the front. The property is in Bay Ridge, near shopping, restaurants, parks, schools, and public transportation.
A side entrance leads to a large, fenced rear yard, with landscaping at the front. The property is in Bay Ridge, near shopping, restaurants, parks, schools, and public transportation.
Key Highlights
- Two‑family brick residence built in 2014
- Three bedrooms, living room, and 1.5 bathrooms on each of two levels
- Lower‑level living area and kitchen; upper level adds a bedroom and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,823
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,460
$1.7M
Cap Rate 7%
$1,211,757
$1.2M
Cap Rate 9%
$942,478
$942.5K
Market Conditions
NOI Build-Up for 2,422 SF
Gross rent
$123.5K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$121.2K $50.03/SF
− OpEx
−$36.4K −$15.01/SF
NOI
$84.8K $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%
$1,696,460
Cap Rate 7%
$1,211,757
Cap Rate 9%
$942,478
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,823 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$1.06M
$924.3K – $1.23M
NOI $73,941 @ 7.0% cap · market cap 3.17%
Theoretical Best
Specialty Retail
$2.01M
$1.75M – $2.34M
NOI $140,379 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,153
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A multi-level residence combines two three-bedroom living areas with an additional upper-level bedroom and full bath.
Where is this duplex located?
The property is located at 357 90th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,329,000.
What are key features of this property?
This property features: Two‑family brick residence built in 2014; Three bedrooms, living room, and 1.5 bathrooms on each of two levels; Lower‑level living area and kitchen; upper level adds a bedroom and full bathroom
