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Two-Family Brick Home with Basement

362 Webster Avenue Brooklyn, NY 11230

Claim this Listing
For Sale
$1,370,000

MULTI_FAMILY - Brooklyn, NY

Property size:
3,280 SF
Lot size:
0.06 Acres
Price / SF:
$417/SF
Added:
May 7, 2026
Days on Market:
65
Last Refresh:
Jul 10 at 9:06 am

Property Features for 362 Webster Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
3
Rooms
Bathroom 1, Bathroom 3, 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

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.


Investment Insights

Based on property information with market context.

This two-family brick home offers flexible living arrangements across two units. The first floor includes a 2-bedroom, 1-bath layout with a living room, dining area, and open kitchen. The upper level provides a larger configuration with 4 bedrooms and 2 full baths, along with a spacious living room, kitchen, and ample closet space. A full unfinished basement adds practical options for a home office, recreation space, or additional storage, though some TLC is needed throughout. The home also features a welcoming front porch, a private driveway, and a backyard.

Located at 362 Webster Avenue in Brooklyn’s Kensington area, the property sits on a 25 by 107 lot with an approximately 16 by 54 building footprint, for an estimated 3,280 square feet. The property is zoned R5.

For owner-occupants, this layout can support multi-generational living or help offset expenses with a separate unit. For investors or buyers seeking rental flexibility, the split configuration—combining a smaller first-floor unit with a larger upper unit—may appeal to a range of tenant needs, while the unfinished basement and outdoor space provide room to tailor the property to your plans.

Key Highlights

  • 2‑family brick home built in 1970 with flat roof
  • 6 bedrooms total and 2 full bathrooms across two units
  • Approx. 3,280 sq ft with a 16' x 54' building footprint on a 25' x 107' lot

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

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.

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 Uses

Best Use
Multifamily LT 5
$1.64M
$1.44M – $1.91M (±1% cap)
NOI $114,871 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,135 @ 7.0% cap · market cap 7.31%
Theoretical Best
Specialty Retail
$2.72M
$2.38M – $3.17M (±1% cap)
NOI $190,109 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Bar & Pub Skin Care Clinic Acupuncture Nursing Home HVAC Service

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

FAQs

What type of property is this?
Duplex - Spacious two-family brick residence with 6 bedrooms, two full baths, and an unfinished basement ready for customization.
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 $1,370,000.
What are key features of this property?
This property features: 2‑family brick home built in 1970 with flat roof; 6 bedrooms total and 2 full bathrooms across two units; Approx. 3,280 sq ft with a 16' x 54' building footprint on a 25' x 107' lot
Contact an agent
More about this property
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