38 Corbin Place Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
- Added:
- Nov 18, 2025
- Days on Market:
- 238
- Last Refresh:
- Jul 14 at 12:06 am
Property Features for 38 Corbin Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Carport
- Interior features
- A/C Unit - Wall, Dishwasher, Refrigerator, Stove
- Standard status
- Active
- Size
- 1,877 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9196
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Emily Hui Chen-Liang (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Nov 18, 2025
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.
Key Highlights
- Two‑family home offering over 1,877 sq ft across two units
- First‑floor unit includes 2 bedrooms, 1 full bath, a large sunroom, and easy access to the laundry area
- First‑floor has a private rear yard for outdoor use
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 | $95.7k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $93.9k | $50.03 |
| − OpEx | −$28.2k | −$15.01 |
| NOI | $65.7k | $35.02 |
