Charming Two-Family Home with
For Sale
$1,450,000
Pending
558 84th St, Brooklyn, NY 11209
Two-family home with garage, shared drive, and indoor/outdoor living.
Property Size1,758 SF
Days on Market167
Property Features for 558 84th St
General Information
Standard status
Pending
Size
1,758 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,894
Building Details
Building Size
1,758 SF
Year Built
1910
Stories
3
Listed By:
Sameh Mohsen
(718) 921-0500
Source:
Elliman
Added: Apr 28
Changed: Oct 5
Last Checked: Oct 11 at 6:33AM
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 Sameh Mohsen
Investment Insights
Based on property information with market context.
This semi-attached two-family home features a garage, shared driveway, and indoor/outdoor living spaces. The first-floor apartment is filled with natural sunlight and includes a sunroom with Andersen windows, a large living room, a separate dining room, and an open kitchen. There are two bedrooms, one with an extra-large pantry/closet, and a door that leads to a patio and backyard. The second-floor unit is a duplex layout with an open concept living space and a first-floor bedroom. Interior stairs lead to two additional bedrooms. The home also includes a finished basement with a summer kitchen. Located in Bay Ridge, this property offers versatility and charm. The bike score is 80, indicating it is very bikeable. The walk score is 92, designating it as a walker's paradise. The transit score is 83, indicating excellent transit options. This property is suitable for both end-users and investors.
Key Highlights
- Two‑family home offering flexibility for end‑users or investors.
- Second‑floor duplex with
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,568
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,360
$1.2M
Cap Rate 7%
$879,543
$879.5K
Cap Rate 9%
$684,089
$684.1K
Market Conditions
NOI Build-Up for 1,758 SF
Gross rent
$89.7K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$88.0K $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%
$1,231,360
Cap Rate 7%
$879,543
Cap Rate 9%
$684,089
Alternative Uses
Best Use
Multifamily LT 5
$879.5K
$769.6K – $1.03M
NOI $61,568 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$766.7K
$670.9K – $894.5K
NOI $53,670 @ 7.0% cap · market cap 3.70%
Theoretical Best
Specialty Retail
$1.46M
$1.27M – $1.70M
NOI $101,894 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,298
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family home with garage, shared drive, and indoor/outdoor living.
Where is this duplex located?
The property is located at 558 84th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Two‑family home offering flexibility for end‑users or investors.; Second‑floor duplex with
