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    Kensington Two-Family Brick Home Title is generated by Realmo AI

    362 Webster Avenue, Brooklyn, NY 11230

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    Claim this Listing
    For Sale
    $1,495,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    3,280 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $455/SF
    Added:
    May 7, 2026
    Days on Market:
    11
    Last Refresh:
    May 17 at 6:06 am

    Property Features for 362 Webster Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2
    Basement
    Unfinished
    Standard status
    Active
    Size
    3,280 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    10991

    Building Details

    Year built
    1970
    Floors in Building
    3
    Number of units
    2
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Jerry Tenenbaum
    Jerry Tenenbaum

    Listing agent Jerry Tenenbaum

    Listing office Remax Top Nest Real Estate 2303 Avenue Z, Brooklyn, NY

    Listing date May 7, 2026

    MLS# 501237 Listing URL

    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.

    HighLights

    • Prime Kensington location on a family‑friendly block.
    • Spacious 2‑family brick home with 6 bedrooms and 2 full bathrooms.
    • Large lot (25*107) with generous interior space (approx. 3,280 sq ft) and outdoor potential.
    • Layout offers flexibility with a 2‑bedroom unit and a 4‑bedroom duplex.
    • Features a private driveway, welcoming front porch, and backyard.
    • Full unfinished basement provides potential for customization.

    Overview

    Located in Kensington, Brooklyn, this two-family brick home features six bedrooms and two full bathrooms. The property includes a full unfinished basement suitable for a home office, recreation space, or additional storage. Situated on a 25-foot by 107-foot lot, the building footprint measures approximately 16 feet by 54 feet, totaling around 3,280 square feet. The property offers interior living space and outdoor potential, including a front porch, private driveway, and backyard. The first floor contains a two-bedroom, one-bath unit with a living room, dining area, and open kitchen. The upper level is a four-bedroom, two-bath duplex with a living room, kitchen, and closet space. The property is located close to local amenities.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $1.28M
    NOI $114,871 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.64M
    NOI $114,871 @ 7.00% cap · market / base-case scenario
    Aggressive
    $2.30M
    NOI $114,871 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.
    Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $167.3k $51.00
    − Vacancy −$3.2k −$0.97
    EGI $164.1k $50.03
    − OpEx −$49.2k −$15.01
    NOI $114.9k $35.02
    3,280 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $1.64M
    $1.44M – $1.91M (±1% cap)
    NOI $114,871 @ 7.0% cap · market cap 7.68%
    Second Best
    Apartment 5plus
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $100,135 @ 7.0% cap · market cap 6.70%
    Theoretical Best
    Specialty Retail
    $2.72M
    $2.38M – $3.17M (±1% cap)
    NOI $190,109 @ 7.0% cap · market cap 12.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.96819
    Latitude
    40.633834

    FAQs

    What type of property is this?
    Duplex - Spacious 6-bedroom, 2-bath home with development potential.
    Where is this duplex located?
    The property is located at 362 Webster Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: Prime Kensington location on a family‑friendly block.; Spacious 2‑family brick home with 6 bedrooms and 2 full bathrooms.; Large lot (25*107) with generous interior space (approx. 3,280 sq ft) and outdoor potential.
    More about this property
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