Two-Unit Duplex with Rooftop
For Sale
$3,390,000
371 84th St, Brooklyn, NY 11209
A four-story property combines a triplex residence with a garden duplex and a private rooftop area.
Property Size3,360 SF
Days on Market10
Property Features for 371 84th St
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,563
Amenities
rooftop deck
hot tub
Juliet balcony
chef's kitchen
fireplace
private balcony
radiant-heated flooring
smart home system
CCTV
central vacuum
in-unit laundry
central air conditioning
Building Details
Building Size
3,360 SF
Year Built
1920
Buildings
1
Stories
4
Construction
concrete and brick
Listing Agency:
Homemax Realty Inc
Listed By:
Allen Z. Luo · License #10491214007
(929) 460-0008
Source:
Elliman
Added: Oct 2
Changed: Oct 5
Last Checked: Oct 9 at 10:45PM
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, four-story duplex at 371 84th St in Brooklyn includes a triplex and a garden duplex. The triplex has a rooftop deck, an oversized bedroom, a primary suite with a Juliet balcony and dressing room, and a separate bedroom. Its main living level features 9-foot ceilings, an open living and dining area, a fireplace, a kitchen with granite countertops, and a private balcony. The garden unit offers three bedrooms, 2.5 baths, a walk-in pantry, and a lower level with radiant heat.
Both residences have in-unit laundry and central A/C. Additional features include Anderson windows, hardwood floors, a whole-house sound system, network wiring, CCTV security, central vacuum, and generator readiness. The property is in Bay Ridge and has a Walk Score of 97, a Transit Score of 86, and a Bike Score of 82.
Both residences have in-unit laundry and central A/C. Additional features include Anderson windows, hardwood floors, a whole-house sound system, network wiring, CCTV security, central vacuum, and generator readiness. The property is in Bay Ridge and has a Walk Score of 97, a Transit Score of 86, and a Bike Score of 82.
Key Highlights
- Four‑story, two‑family property with a triplex and a garden duplex
- Private rooftop deck with an 8‑person Sundance Aspen hot tub
- Triplex includes a primary suite, dressing room, Juliet balcony, and separate bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,673
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,353,460
$2.4M
Cap Rate 7%
$1,681,043
$1.7M
Cap Rate 9%
$1,307,478
$1.3M
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$171.4K $51.00/SF
− Vacancy
−$3.3K −$0.97/SF
EGI
$168.1K $50.03/SF
− OpEx
−$50.4K −$15.01/SF
NOI
$117.7K $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%
$2,353,460
Cap Rate 7%
$1,681,043
Cap Rate 9%
$1,307,478
Alternative Uses
Best Use
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,673 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$1.47M
$1.28M – $1.71M
NOI $102,577 @ 7.0% cap · market cap 3.03%
Theoretical Best
Specialty Retail
$2.78M
$2.43M – $3.25M
NOI $194,746 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,776
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A four-story property combines a triplex residence with a garden duplex and a private rooftop area.
Where is this duplex located?
The property is located at 371 84th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,390,000.
What are key features of this property?
This property features: Four‑story, two‑family property with a triplex and a garden duplex; Private rooftop deck with an 8‑person Sundance Aspen hot tub; Triplex includes a primary suite, dressing room, Juliet balcony, and separate bedroom
