Brooklyn Apartment for
For Sale
$322,000
590 Parkside Ave 2CE, Brooklyn, NY 11226
Apartment building for sale in Brooklyn, New York.
Property Size650 SF
Days on Market334
Property Features for 590 Parkside Ave 2CE
General Information
Standard status
Active
Size
650 SF
Property subtype
Residential
Building Details
Building Size
650 SF
Units
40
Listing Agency:
RE/MAX Real Estate Professiona
Listed By:
Pamela A. Bost-Mincey
(718) 532-2000
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 26
Last Checked: Oct 26 at 6:00PM
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 RE/MAX Real Estate Professiona
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An apartment building located at 590 Parkside Ave 2CE, Brooklyn, New York 11226 is available for sale.
Key Highlights
- No selling points could be extracted from the provided information as it is empty.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,238
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,760
$304.8K
Cap Rate 7%
$217,686
$217.7K
Cap Rate 9%
$169,311
$169.3K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$28.9K $44.40/SF
− Vacancy
−$1.2K −$1.78/SF
EGI
$27.7K $42.62/SF
− OpEx
−$12.5K −$19.18/SF
NOI
$15.2K $23.44/SF
Area
ZIP 11226
Vacancy
4.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,760
Cap Rate 7%
$217,686
Cap Rate 9%
$169,311
Alternative Uses
Best Use
Apartment 5plus
$217.7K
$190.5K – $254.0K
NOI $15,238 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.3K
$281.1K – $374.8K
NOI $22,489 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
6,886
Businesses Nearby
Explore this area
Business Placement
Demographics for 11226, NY
101,727
Population
42,618
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
78,252
Density / Sq Mi
$81,084
Median Household Income
$49,892
Median Earnings
$1,751
Median Rent
$866,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building for sale in Brooklyn, New York.
Where is this apartment building located?
The property is located at 590 Parkside Ave 2CE Brooklyn, NY.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: No selling points could be extracted from the provided information as it is empty.
