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Two-Unit Duplex Residence
For Sale
$1,150,000

648 E 93rd Street, Brooklyn, NY 11236

Residential Income, Brooklyn, NY

Property Size2,280 SF
Lot Size2,000.00 Acres
Price / SF$504.39
Days on Market76

Property Features for 648 E 93rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bathroom 1, Basement, Bathroom 5, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 8, Bedroom 7, Bathroom 3, Bedroom 6
Parking 3
Parking features Open, Driveway, Garage, Oversize
Interior features First Floor Bedroom, First Floor Full Bath
Exterior features Balcony, Garden
Fencing Fenced
Basement Finished, Full
Lot features Back Yard, Near Public Transit, Near School, Paved, Private
Elementary school Ps 233 Langston Hughes
Middle school Is 285 Meyer Levin
High school Kurt Hahn Expeditionary Lrning Sch
Elementary school district Brooklyn 18
Middle school district Brooklyn 18
High school district Brooklyn 18
Directions WAZE
Standard status Active
APN 04752-0057
Lot size 2,000.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6483

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Baseboard, Natural Gas, Hot Water(Heating), Energy Star Qualified Equipment (Heating)
Cooling system Ductless, ENERGY STAR Qualified Equipment, Electric
Water source Public

Amenities

stainless steel appliances
in-unit washer and dryer
private backyard and garden
terrace
quartz countertops

Building Details

Year built 1955
Number of units 2
Flooring type Hardwood
Building materials Block, Brick, Energy Star, Fiberglass Siding, Stone, Vinyl Siding
Buildings 1
Listing Agency: Exit Realty First Choice
Listed By: Steven S. Benshabat
Added: Aug 13 Changed: Oct 25 Last Checked: Oct 27 at 9:06AM
MLS# 1039650

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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.

This detached, three-story brick residence contains two duplex units. The walk-in unit has 3 bedrooms, 2 full bathrooms, an open living and kitchen area, stainless steel appliances, and in-unit laundry. It also opens to a paved backyard and garden. The upper duplex includes 4 bedrooms, 2 full bathrooms, a living room, dining area, eat-in kitchen with quartz countertops, stainless steel appliances, in-unit laundry, and a terrace. Each unit has a separate boiler and hot water tank.

The property has approximately 2,280 sq. ft. of building area on a 20' x 100' lot and is zoned R5. Additional features include a full below-grade basement, garage, and two-car driveway.

Key Highlights

  • Two duplex units: one with 3 bedrooms and 2 full bathrooms; the other with 4 bedrooms and 2 full bathrooms
  • Approximately 2,280 sq. ft. of building area on a 20' x 100' lot
  • R5 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,849
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,980 $1.6M
Cap Rate 7%
$1,140,700 $1.1M
Cap Rate 9%
$887,211 $887.2K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$116.3K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$114.1K $50.03/SF
− OpEx
−$34.2K −$15.01/SF
NOI
$79.8K $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%
$1,596,980
Cap Rate 7%
$1,140,700
Cap Rate 9%
$887,211

Alternative Uses

Best Use
Multifamily LT 5
$1.14M
$998.1K – $1.33M (±1% cap)
NOI $79,849 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$994.4K
$870.1K – $1.16M (±1% cap)
NOI $69,606 @ 7.0% cap · market cap 6.05%
Theoretical Best
Specialty Retail
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $132,149 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,711
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 - Separate living areas combine with private outdoor space, in-unit laundry, and dedicated parking.
Where is this duplex located?
The property is located at 648 E 93rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two duplex units: one with 3 bedrooms and 2 full bathrooms; the other with 4 bedrooms and 2 full bathrooms; Approximately 2,280 sq. ft. of building area on a 20' x 100' lot; R5 zoning
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