Duplex with Finished
New
For Sale
$1,125,000
646 E 103rd Street, Brooklyn, NY 11236
Residential, Brooklyn, NY
Property Size3,212 SF
Lot Size0.07 Acres
Price / SF$350.25
Days on Market1
Property Features for 646 E 103rd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 5
Interior features
Stove
Basement
Finished
Subdivision
Canarsie
Standard status
Active
Size
3,212 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
8333
Amenities
backyard
solar panels
Building Details
Year built
1999
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Greatest Real Estate Inc.
Listed By:
Jerry Gilbert
(347) 788-0518
Added: Oct 13
Last Checked: Oct 13 at 10:06PM
MLS# 505302
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.
Investment Insights
Based on property information with market context.
This 3,212-square-foot brick duplex, built in 1999, has two main-floor residences, each with three bedrooms and two full bathrooms. Both include a living room, formal dining room, eat-in kitchen, hardwood floors, and a primary bedroom with a private bath and walk-in closet. The finished accessory basement has a separate entrance, four additional rooms, and a full bathroom. Updates include solar panels, energy-efficient windows, a newer hot water tank, and refreshed brick pointing.
The 0.0656-acre property has a private driveway with space for up to five vehicles and a backyard. Nearby destinations include the L train at Rockaway Parkway, Avenue L retail and dining, the Belt Parkway, Gateway Mall, and Kings Plaza. The property is zoned R5.
The 0.0656-acre property has a private driveway with space for up to five vehicles and a backyard. Nearby destinations include the L train at Rockaway Parkway, Avenue L retail and dining, the Belt Parkway, Gateway Mall, and Kings Plaza. The property is zoned R5.
Key Highlights
- Two three‑bedroom, two‑bathroom residences
- 3,212 square feet of building area on a 0.0656‑acre lot
- Finished accessory basement with separate entrance, four rooms, and a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,059
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,961,180
$2.0M
Cap Rate 7%
$1,400,843
$1.4M
Cap Rate 9%
$1,089,544
$1.1M
Market Conditions
NOI Build-Up for 3,212 SF
Gross rent
$181.9K $56.64/SF
− Vacancy
−$3.6K −$1.13/SF
EGI
$178.3K $55.51/SF
− OpEx
−$80.2K −$24.98/SF
NOI
$98.1K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,961,180
Cap Rate 7%
$1,400,843
Cap Rate 9%
$1,089,544
Alternative Uses
Best Use
Multifamily LT 5
$1.61M
$1.41M – $1.87M
NOI $112,490 @ 7.0% cap · market cap 10.00%
Second Best
Apartment 5plus
$1.40M
$1.23M – $1.63M
NOI $98,059 @ 7.0% cap · market cap 8.72%
Theoretical Best
Specialty Retail
$2.66M
$2.33M – $3.10M
NOI $186,168 @ 7.0% cap · market cap 16.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,924
Businesses Nearby
Explore this area
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide six bedrooms, five bathrooms, and separate living space across the upper floors and basement.
Where is this duplex located?
The property is located at 646 E 103rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two three‑bedroom, two‑bathroom residences; 3,212 square feet of building area on a 0.0656‑acre lot; Finished accessory basement with separate entrance, four rooms, and a full bathroom
