Fully Detached Brick
For Sale
$1,350,000
42 89th Street, Brooklyn, NY 11209
Residential, Duplex, Brooklyn, NY
Property Size1,713 SF
Lot Size0.06 Acres
Price / SF$788.09
Days on Market123
Property Features for 42 89th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-1
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
Parking features
Garage - Detached
Interior features
Dishwasher, Dryer, Laundry Area, Refrigerator, Stove, Terrace, Washer
Basement
Finished, Full
Subdivision
Bay Ridge
Standard status
Active
Size
1,713 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
11799
Building Details
Year built
1925
Floors in Building
2
Flooring type
Laminate, Tile, Hardwood
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Jason Zhou
(718) 612-3088
Added: Jun 26
Changed: Oct 21
Last Checked: Oct 26 at 1:06PM
MLS# 502614
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 fully detached brick single-family home is set on an oversized 20' by 120' lot with a 16' by 65' building footprint. The first floor includes a spacious living room with a gas fireplace (not currently connected), a separate formal dining room, and an eat-in kitchen with rear entrance. The second floor offers three bedrooms, including a primary bedroom with a front balcony, plus one full bathroom. A finished basement spans approximately 65 feet in length and features a large recreation room, a full bathroom, and a side entrance.
The property includes a shared driveway, a detached garage, and parking for up to two vehicles, with additional space beside the garage that may accommodate a medium-sized car.
Located in Bay Ridge, the home is described as being just moments from Shore Road waterfront, parks, shopping, restaurants, schools, and the R train.
The property includes a shared driveway, a detached garage, and parking for up to two vehicles, with additional space beside the garage that may accommodate a medium-sized car.
Located in Bay Ridge, the home is described as being just moments from Shore Road waterfront, parks, shopping, restaurants, schools, and the R train.
Key Highlights
- Fully detached brick single‑family home built in 1925 on a 20' x 120' lot
- Detached garage plus parking for up to 2 vehicles, with additional space beside the garage
- First floor includes a spacious living room with gas fireplace (not currently connected), formal dining room, and eat‑in kitchen with rear entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,992
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,199,840
$1.2M
Cap Rate 7%
$857,029
$857.0K
Cap Rate 9%
$666,578
$666.6K
Market Conditions
NOI Build-Up for 1,713 SF
Gross rent
$87.4K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$85.7K $50.03/SF
− OpEx
−$25.7K −$15.01/SF
NOI
$60.0K $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%
$1,199,840
Cap Rate 7%
$857,029
Cap Rate 9%
$666,578
Alternative Uses
Best Use
Multifamily LT 5
$857.0K
$749.9K – $999.9K
NOI $59,992 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$747.1K
$653.7K – $871.6K
NOI $52,296 @ 7.0% cap · market cap 3.87%
Theoretical Best
Specialty Retail
$1.42M
$1.24M – $1.65M
NOI $99,285 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,744
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Fully detached brick residence with 3 bedrooms, finished basement, detached garage, and parking for up to two vehicles.
Where is this duplex located?
The property is located at 42 89th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fully detached brick single‑family home built in 1925 on a 20' x 120' lot; Detached garage plus parking for up to 2 vehicles, with additional space beside the garage; First floor includes a spacious living room with gas fireplace (not currently connected), formal dining room, and eat‑in kitchen with rear entrance
