Brick Two-Family
For Sale
$960,000
409 92nd Street, Brooklyn, NY 11209
Residential, Brooklyn, NY
Property Size1,760 SF
Lot Size0.03 Acres
Price / SF$545.45
Days on Market863
Property Features for 409 92nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C8-2
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2
Basement
Full, Finished
Subdivision
Bay Ridge
Standard status
Active
Size
1,760 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
6588
Building Details
Number of units
2
Building materials
Brick
Roof type
Flat
Listing Agency:
Ben Bay Realty Co of Bay Ridge
(718) 238-6080
Listed By:
Charles A. Fabbella
(917) 453-0053
Added: Jun 1, 2024
Changed: Oct 10
Last Checked: Oct 11 at 10:06AM
MLS# 483535
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.
This brick two-family duplex in Brooklyn offers 1760 square feet within a 20 x 40 building on a 20 x 75 lot. The layout includes three bedrooms and three bathrooms, along with a finished basement. A flat roof completes the existing improvements.
Located at 409 92nd Street in Brooklyn, NY 11209, the property is zoned C8-2. The home will be delivered vacant at closing and is offered in as-is condition, providing a clear basis for an owner-user or residential income property evaluation.
Located at 409 92nd Street in Brooklyn, NY 11209, the property is zoned C8-2. The home will be delivered vacant at closing and is offered in as-is condition, providing a clear basis for an owner-user or residential income property evaluation.
Key Highlights
- Two‑family duplex with 1760 square feet of property size
- 20 x 75 lot with a 20 x 40 building footprint
- C8‑2 zoning in Brooklyn, NY 11209
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,638
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,760
$1.2M
Cap Rate 7%
$880,543
$880.5K
Cap Rate 9%
$684,867
$684.9K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$89.8K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$88.1K $50.03/SF
− OpEx
−$26.4K −$15.01/SF
NOI
$61.6K $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%
$1,232,760
Cap Rate 7%
$880,543
Cap Rate 9%
$684,867
Alternative Uses
Best Use
Multifamily LT 5
$880.5K
$770.5K – $1.03M
NOI $61,638 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$767.6K
$671.6K – $895.5K
NOI $53,731 @ 7.0% cap · market cap 5.60%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,010 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,668
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - C8-2 zoning, a finished basement, and vacant delivery at closing distinguish this Brooklyn property.
Where is this duplex located?
The property is located at 409 92nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Two‑family duplex with 1760 square feet of property size; 20 x 75 lot with a 20 x 40 building footprint; C8‑2 zoning in Brooklyn, NY 11209
