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Duplex with Finished Basement
New
For Sale
$875,000

599 E 84th Street, Brooklyn, NY 11236

Residential, High Ranch, Brooklyn, NY

Property Size2,000 SF
Lot Size0.05 Acres
Price / SF$437.50
Days on Market4

Property Features for 599 E 84th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5B
Bathrooms 3
Full bathrooms 2
Rooms Bathroom 3, Bathroom 1, Bathroom 2
Parking features Carport
Patio and Porch features Porch
Interior features Porch, Refrigerator, Stove
Basement Finished
Subdivision Canarsie
Standard status Active
Size 2,000 SF
Lot size 0.05 Acres

Building Details

Year built 1960
Floors in Building 2
Number of units 2
Flooring type Hardwood
Building materials Block
Roof type Shingle
Architectural style Ranch
Buildings 1
Listing Agency: Coldwell Banker LaBarca
Listed By: Audrey Castello
Added: Nov 2 Last Checked: Nov 5 at 1:06PM
MLS# 505781

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,000-square-foot, semi-detached brick duplex was built in 1960 and includes two apartments. Each apartment has two bedrooms, a full bathroom, an eat-in kitchen, and a living room. A finished basement adds a 3/4 bath, and a backyard carport provides parking for one car. The property also has a porch and hardwood flooring.

The 0.0482-acre corner property is in Brooklyn and is zoned R5B.

Key Highlights

  • Two apartments, each with 2 bedrooms, 1 full bath, an eat‑in kitchen, and a living room
  • 2,000 square feet on a 0.0482‑acre corner lot
  • Finished basement with a 3/4 bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,043
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,400,860 $1.4M
Cap Rate 7%
$1,000,614 $1.0M
Cap Rate 9%
$778,256 $778.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$102.0K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$100.1K $50.03/SF
− OpEx
−$30.0K −$15.01/SF
NOI
$70.0K $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%
$1,400,860
Cap Rate 7%
$1,000,614
Cap Rate 9%
$778,256

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$875.5K – $1.17M (±1% cap)
NOI $70,043 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$872.3K
$763.2K – $1.02M (±1% cap)
NOI $61,058 @ 7.0% cap · market cap 6.98%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $115,920 @ 7.0% cap · market cap 13.25%
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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,028
Businesses Nearby

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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate apartments each feature two bedrooms, an eat-in kitchen, a living room, and a full bath.
Where is this duplex located?
The property is located at 599 E 84th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms, 1 full bath, an eat‑in kitchen, and a living room; 2,000 square feet on a 0.0482‑acre corner lot; Finished basement with a 3/4 bath
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