Brick Duplex with Finished
509 East 91st Street, Brooklyn, NY 11236
For Sale
New
$1,199,000
Two apartments feature open living and dining areas, kitchens, and separate bedroom and bath counts.
Property Size2,360 SF
Lot Size0.06 Acres
Price / SF$508.05
Days on Market4
Property Features for 509 East 91st Street
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
garage
garden area
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Excell Choice Realty
Listed By:
Kwesi Cunningham · License NY #10401263628
(718) 705-4646
Source:
Penrealty
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 6:30AM
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 Excell Choice Realty
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Investment Insights
Based on property information with market context.
This 1920 brick duplex contains two apartments: a three-bedroom, one-bath unit above a two-bedroom, one-bath unit. Both have open living and dining areas with kitchens, along with interior stairs. A finished basement adds recreational space, a bathroom, utility room, closet storage, high ceilings, and large windows; it has a separate entrance. The property also includes a driveway, garage, and garden area. The lot measures 25 by 100 feet, and the building is 20.5 feet wide and 59 feet deep.
The property is in Brooklyn’s Canarsie neighborhood. Walk, transit, and bike scores are 73, 84, and 56, respectively. Shopping, restaurants, and transportation are nearby.
The property is in Brooklyn’s Canarsie neighborhood. Walk, transit, and bike scores are 73, 84, and 56, respectively. Shopping, restaurants, and transportation are nearby.
Key Highlights
- Two apartments: three bedrooms and one bath above two bedrooms and one bath
- Finished basement with separate entrance, recreational area, bathroom, utility room, closets, high ceilings, and large windows
- 25‑by‑100‑foot lot; building is 20.5 feet wide and 59 feet deep
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,651
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,653,020
$1.7M
Cap Rate 7%
$1,180,729
$1.2M
Cap Rate 9%
$918,344
$918.3K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$120.4K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$118.1K $50.03/SF
− OpEx
−$35.4K −$15.01/SF
NOI
$82.7K $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%
$1,653,020
Cap Rate 7%
$1,180,729
Cap Rate 9%
$918,344
Alternative Uses
Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.38M
NOI $82,651 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$1.03M
$900.6K – $1.20M
NOI $72,048 @ 7.0% cap · market cap 6.01%
Theoretical Best
Specialty Retail
$1.95M
$1.71M – $2.28M
NOI $136,786 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,989
Businesses Nearby
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Business Placement
Demographics for 11236, NY
100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments feature open living and dining areas, kitchens, and separate bedroom and bath counts.
Where is this duplex located?
The property is located at 509 East 91st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two apartments: three bedrooms and one bath above two bedrooms and one bath; Finished basement with separate entrance, recreational area, bathroom, utility room, closets, high ceilings, and large windows; 25‑by‑100‑foot lot; building is 20.5 feet wide and 59 feet deep
