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Single-Family Residence with Backyard

368 81st Street Brooklyn, NY 11209

New
368 81st Street, Brooklyn, NY, 11209
$1,149,000
For Sale
$1,149,000

SINGLE_FAMILY - Brooklyn, NY

Property Size1,328 SF
Lot Size0.05 Acres
Price / SF$865.21
Days on Market3

Property Features for 368 81st Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R4B
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 3
Parking features
Garage - Detached
Patio and Porch features
Deck
Interior features
Deck, Dryer, Refrigerator, Stove, Washer
Basement
Finished
Standard status
Active
Size
1,328 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
9191

Building Details

Year built
1920
Floors in Building
2
Flooring type
Hardwood, Carpet
Roof type
Flat
Architectural style
Other
Listing Agency Jabour Realty Company
8704 3rd Avenue, Brooklyn, NY
Listed by Danielle Jabour
Added: Jul 15 Checked: Jul 17 at 6:06 pm
MLS# 503056 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 single-family residence offers a main level with a spacious living room, formal dining room, and a kitchen with a breakfast nook. The upper level includes three generously sized bedrooms and a full bath. A full basement provides abundant storage and potential for additional usable space. Outside, enjoy a private backyard with a deck, along with a detached one-car garage and an additional private parking space.

Located in Brooklyn in Bay Ridge on a tree-lined block, the property is described as being moments from shopping, dining, and conveniences along 3rd Avenue and 5th Avenue, as well as public transportation.

Zoned R4B, the home sits on a lot of approximately 0.0502 acres and is listed for sale at $1,149,000.

Key Highlights

  • Three‑bedroom home with multiple baths (Bathroom 1, Bathroom 2, Bathroom 3) and three bedrooms (Bedroom 1, Bedroom 2, Bedroom 3)
  • Main level includes a spacious living room, formal dining room, and kitchen with a breakfast nook
  • Upper level offers three generously sized bedrooms and a full bath

Local Financial Insights For Apartment 5plus

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 $75.2k $56.64
− Vacancy −$1.5k −$1.13
EGI $73.7k $55.51
− OpEx −$33.2k −$24.98
NOI $40.5k $30.53
1,328 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$579.2K
$506.8K – $675.7K (±1% cap)
NOI $40,542 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.10M
$962.1K – $1.28M (±1% cap)
NOI $76,971 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Cosmetic Store Nursing Home Gym & Fitness Center Nursing Home Daycare Center HVAC Service

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

FAQs

What type of property is this?
Single family property - Classic multi-level home with three bedrooms, full basement, private backyard, and detached one-car garage.
Where is this single family property located?
The property is located at 368 81st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Three‑bedroom home with multiple baths (Bathroom 1, Bathroom 2, Bathroom 3) and three bedrooms (Bedroom 1, Bedroom 2, Bedroom 3); Main level includes a spacious living room, formal dining room, and kitchen with a breakfast nook; Upper level offers three generously sized bedrooms and a full bath
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More about this property
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