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Duplex with Rooftop Deck

371 84th Street, Brooklyn, NY 11209

For Sale
$3,390,000

Residential, Brooklyn, NY

Property Size3,360 SF
Lot Size0.06 Acres
Price / SF$1,008
Days on Market48

Property Features for 371 84th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 6
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 4, Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 6, Bathroom 2, Bathroom 5, Bedroom 3
Parking features Garage - Detached
Interior features A/C Unit, Alarm, Central Air - Split, Dishwasher, Dryer, Fireplace, Garage Door Opener(s), Laundry Area, Microwave, Refrigerator, Stove, Terrace, Washer, Window Treatments
Fireplace 1
Basement Finished, Full
Subdivision Bay Ridge
Standard status Active
Size 3,360 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 14563

Amenities

rooftop deck
hot tub
chef's kitchen
fireplace
private balcony
radiant-heated flooring
whole-house sound system
CCTV security
central vacuum system
central air conditioning
in-unit laundry
hardwood flooring

Building Details

Year built 1920
Number of units 2
Flooring type Ceramic, Hardwood
Building materials Brick
Roof type Flat
Buildings 1
Listing Agency: Kirin Real Estate LLC
Listed By: Allen Z. Luo · License NY #10491214007
Added: Sep 29 Changed: Oct 29 Last Checked: Nov 15 at 3:06PM
MLS# 504933

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.

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Investment Insights

Based on property information with market context.

This four-story, two-family duplex at 371 84th Street in Brooklyn contains 3,360 square feet and sits on a 0.0574-acre lot. The upper residence spans three levels and includes a rooftop deck, a private balcony, a fireplace, and a dedicated laundry area. The garden residence has three bedrooms, 2.5 baths, a walk-in pantry, a kitchenette, and a lower level with radiant-heated flooring.

Brick construction dates to 1920, and the property is zoned R4-1. Both residences have in-unit laundry. Additional features include central air conditioning, hardwood flooring, CCTV security, a whole-house sound system, and a detached garage.

Key Highlights

  • Two‑family, four‑story property with 3,360 square feet
  • 0.0574‑acre lot zoned R4‑1
  • Upper residence includes a rooftop deck and private balcony

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 (±1% cap)
NOI $117,673 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,577 @ 7.0% cap · market cap 3.03%
Theoretical Best
Specialty Retail
$2.78M
$2.43M – $3.25M (±1% cap)
NOI $194,746 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,776
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Brooklyn, NY

$784 Jul
$771 Aug
$781 Sep
$752 Oct

Properties on Market for Duplexes in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences combine multi-level living areas with private outdoor spaces and in-unit laundry.
Where is this duplex located?
The property is located at 371 84th Street 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: Two‑family, four‑story property with 3,360 square feet; 0.0574‑acre lot zoned R4‑1; Upper residence includes a rooftop deck and private balcony
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