Solar-Powered
For Sale
$919,999
649 E 86th St, Brooklyn, NY 11236
Two residential units include separate living areas, a full basement, outdoor space, and solar panels.
Property Size1,496 SF
Days on Market69
Property Features for 649 E 86th St
General Information
Standard status
Active
Size
1,496 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,199
Amenities
solar panels
private deck
yard
laundry
Building Details
Building Size
1,496 SF
Year Built
1935
Buildings
1
Stories
2
Listing Agency:
Excell Choice Realty
Listed By:
Jeloni Cunningham
(718) 705-4646
Source:
Elliman
Added: Aug 21
Changed: Oct 26
Last Checked: Oct 26 at 4:30PM
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 Excell Choice Realty
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Investment Insights
Based on property information with market context.
Built in 1935, this two-family duplex contains distinct residential layouts across the upper and lower levels. The top unit has two bedrooms, one bathroom, and an open living, dining, and kitchen arrangement. The lower unit provides one bedroom, a dining area, and direct access to a private deck.
An interior staircase leads to a full basement with a room, bathroom, laundry setup, mechanic room, and separate outside entrance. The rear yard measures 60' x 75' and includes space for outdoor use. Solar panels are installed on the property. Located at 649 E 86th St in Brooklyn, the home has a Walk Score of 93, Transit Score of 79, and Bike Score of 58.
An interior staircase leads to a full basement with a room, bathroom, laundry setup, mechanic room, and separate outside entrance. The rear yard measures 60' x 75' and includes space for outdoor use. Solar panels are installed on the property. Located at 649 E 86th St in Brooklyn, the home has a Walk Score of 93, Transit Score of 79, and Bike Score of 58.
Key Highlights
- Two‑family duplex with a two‑bedroom upper unit and one‑bedroom lower unit
- Full basement includes a room, bathroom, laundry setup, and mechanic room
- Separate outside entrance serves the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,392
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,840
$1.0M
Cap Rate 7%
$748,457
$748.5K
Cap Rate 9%
$582,133
$582.1K
Market Conditions
NOI Build-Up for 1,496 SF
Gross rent
$76.3K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$74.8K $50.03/SF
− OpEx
−$22.5K −$15.01/SF
NOI
$52.4K $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%
$1,047,840
Cap Rate 7%
$748,457
Cap Rate 9%
$582,133
Alternative Uses
Best Use
Multifamily LT 5
$748.5K
$654.9K – $873.2K
NOI $52,392 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$652.4K
$570.9K – $761.2K
NOI $45,671 @ 7.0% cap · market cap 4.96%
Theoretical Best
Specialty Retail
$1.24M
$1.08M – $1.45M
NOI $86,708 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,220
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include separate living areas, a full basement, outdoor space, and solar panels.
Where is this duplex located?
The property is located at 649 E 86th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $919,999.
What are key features of this property?
This property features: Two‑family duplex with a two‑bedroom upper unit and one‑bedroom lower unit; Full basement includes a room, bathroom, laundry setup, and mechanic room; Separate outside entrance serves the basement
