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652 88th Street, Brooklyn, NY, 11228
One-Family Residential Home

652 88th Street Brooklyn, NY 11228

For Sale
$1,249,000
Pending

SINGLE_FAMILY - Brooklyn, NY

Property Size1,820 SF
Lot Size0.03 Acres
Days on Market75

Property Features for 652 88th Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R4B
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Open, Garage
Interior features
Walk-In Closet(s)
Basement
Full, Finished
Standard status
Pending
Size
1,820 SF
Lot size
0.03 Acres

Taxes and HOA fees

Tax Annual Amount
6691

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Hot Water(Heating)

Building Details

Year built
1930
Floors in Building
3
Building materials
Brick, Stucco
Listing Agency: Homefinders of SI Inc.
Listed By: Mei Juan Shi
Added: May 13 Changed: Jul 22 Last Checked: Jul 26 at 9:06PM
MLS# 2602584

Copyright © 2026 Staten Island Board of Realtors. 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 one-family home features a simple, functional layout designed for everyday living. The main level includes a large kitchen that opens to the back yard, a formal dining room, and a living room. The second floor offers three generously sized bedrooms and a full bath. The fully finished basement adds additional usable space, including an extra room and a full bath.

Located in Brooklyn on a tree-lined block near the border of Dyker Heights and Bay Ridge, the property offers a residential setting within Kings County.

With its multi-level configuration and two full baths, the home provides flexible interior space throughout the first and second floors and a fully finished lower level.

Key Highlights

  • One‑family home with finished basement and an additional full bath
  • 3 bedrooms and a full bath on the second floor
  • Walk‑in closet(s)

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $103.1k $56.64
− Vacancy −$2.1k −$1.13
EGI $101.0k $55.51
− OpEx −$45.5k −$24.98
NOI $55.6k $30.53
1,820 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$793.8K
$694.5K – $926.1K (±1% cap)
NOI $55,563 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,487 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Parking Lot & Garage Law Firm Hotel & Motel Real Estate Agency Auto Parts Store HVAC Service Cosmetic Store Nursing Home Catering Service Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Move-in ready one-family home with a finished basement, full bath, three bedrooms, and a kitchen opening to the backyard.
Where is this single family property located?
The property is located at 652 88th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: One‑family home with finished basement and an additional full bath; 3 bedrooms and a full bath on the second floor; Walk‑in closet(s)
More about this property
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