Residential Income Property with
New
For Sale
$899,999
370 90th Street 2D, Brooklyn, NY 11209
A three-bedroom condominium offers a private balcony, in-unit laundry, and dedicated parking.
Property Size1,002 SF
Price / SF$898.20
Days on Market7
Property Features for 370 90th Street 2D
General Information
Standard status
Active
Size
1,002 SF
Property subtype
Apartment
Units
Unit Mix
3BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,964
Amenities
balcony
washer/dryer
private storage room
gas fireplace
in-wall AC and split units
recessed lighting
high ceilings
Building Details
Building Size
1,002 SF
Year Built
2005
Listing Agency:
Corcoran Group
Listed By:
Gina Bartnik · License #10301219477 (NY)
(917) 572-9721
Source:
Carlinwright
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 11 at 5:46AM
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 Corcoran Group
Investment Insights
Based on property information with market context.
This 1,002-square-foot condominium was built in 2005 and contains three bedrooms and two bathrooms. Its open living area includes a gas fireplace and a renovated kitchen with stainless steel appliances, stone countertops, and ample storage. The primary bedroom has direct access to the private balcony and an en-suite bathroom; a separate bonus room can serve as an office or other flex space. In-unit laundry, private storage, recessed lighting, and in-wall AC and split units are also included. The sale listing identifies parking with the unit.
The property is at 370 90th Street in Brooklyn’s Bay Ridge neighborhood. Shops and restaurants along 3rd Avenue are nearby, with the R subway, express bus service, NYC ferry, waterfront parks, and Shore Road Promenade also within reach.
The property is at 370 90th Street in Brooklyn’s Bay Ridge neighborhood. Shops and restaurants along 3rd Avenue are nearby, with the R subway, express bus service, NYC ferry, waterfront parks, and Shore Road Promenade also within reach.
Key Highlights
- 1,002‑square‑foot condominium with three bedrooms and two bathrooms
- Built in 2005
- Private balcony off the primary bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,590
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,800
$611.8K
Cap Rate 7%
$437,000
$437.0K
Cap Rate 9%
$339,889
$339.9K
Market Conditions
NOI Build-Up for 1,002 SF
Gross rent
$56.8K $56.64/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$55.6K $55.51/SF
− OpEx
−$25.0K −$24.98/SF
NOI
$30.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,800
Cap Rate 7%
$437,000
Cap Rate 9%
$339,889
Alternative Uses
Best Use
Apartment 5plus
$437.0K
$382.4K – $509.8K
NOI $30,590 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$829.7K
$726.0K – $967.9K
NOI $58,076 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,276
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A three-bedroom condominium offers a private balcony, in-unit laundry, and dedicated parking.
Where is this residential income property located?
The property is located at 370 90th Street 2D Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 1,002‑square‑foot condominium with three bedrooms and two bathrooms; Built in 2005; Private balcony off the primary bedroom
