One-Bedroom Residential Income
For Sale
$599,999
386 KOSCIUSZKO Street 2A, Brooklyn, NY 11221
592 SF residence with a private balcony, in-unit laundry, and access to a shared rooftop deck.
Property Size592 SF
Price / SF$1,013
Days on Market111
Property Features for 386 KOSCIUSZKO Street 2A
General Information
Standard status
Active
Size
592 SF
Property subtype
Apartment
Building Details
Building Size
592 SF
Year Built
2026
Listing Agency:
Serhant
Listed By:
Alexandra Newman
(646) 650-6456
Source:
Miradorrealestate
Added: May 20
Changed: Sep 6
Last Checked: Sep 6 at 9:46AM
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 Serhant
Investment Insights
Based on property information with market context.
Residence 2A is a 592 SF one-bedroom home within The Brick Lofts, a 2026 residential income property at 386 Kosciuszko Street in Brooklyn. The interior combines high ceilings, oversized windows, white oak flooring, and a Juliette balcony. Its kitchen includes leathered quartz countertops, custom cabinetry, and integrated Fisher & Paykel appliances. The bedroom has a walk-in closet, while the bathroom features marble accent walls, a floating vanity, and a deep soaking tub. An in-unit washer and dryer add practical convenience.
Residents also have access to a shared rooftop deck with expansive borough views. The property is located between Marcus Garvey Boulevard and Lewis Avenue in Bedford-Stuyvesant, near Herbert Von King Park and neighborhood dining destinations. Transit options include the J, M, and Z trains at Myrtle Avenue and the G train at Myrtle-Willoughby Avenue, connecting with Williamsburg, Downtown Brooklyn, and Manhattan.
Residents also have access to a shared rooftop deck with expansive borough views. The property is located between Marcus Garvey Boulevard and Lewis Avenue in Bedford-Stuyvesant, near Herbert Von King Park and neighborhood dining destinations. Transit options include the J, M, and Z trains at Myrtle Avenue and the G train at Myrtle-Willoughby Avenue, connecting with Williamsburg, Downtown Brooklyn, and Manhattan.
Key Highlights
- 592 SF one‑bedroom residence at 386 Kosciuszko Street
- Built in 2026 with high ceilings, oversized windows, and white oak flooring
- Juliettte balcony and shared rooftop deck with expansive borough views
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,073
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,460
$361.5K
Cap Rate 7%
$258,186
$258.2K
Cap Rate 9%
$200,811
$200.8K
Market Conditions
NOI Build-Up for 592 SF
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.
Gross rent
$33.5K $56.64/SF
− Vacancy
−$671 −$1.13/SF
EGI
$32.9K $55.51/SF
− OpEx
−$14.8K −$24.98/SF
NOI
$18.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$361,460
Cap Rate 7%
$258,186
Cap Rate 9%
$200,811
Alternative Uses
Best Use
Apartment 5plus
$258.2K
$225.9K – $301.2K
NOI $18,073 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$490.2K
$428.9K – $571.9K
NOI $34,312 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,896
Businesses Nearby
Explore this area
Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - 592 SF residence with a private balcony, in-unit laundry, and access to a shared rooftop deck.
Where is this residential income property located?
The property is located at 386 KOSCIUSZKO Street 2A Brooklyn, NY.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 592 SF one‑bedroom residence at 386 Kosciuszko Street; Built in 2026 with high ceilings, oversized windows, and white oak flooring; Juliettte balcony and shared rooftop deck with expansive borough views
