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One-Family Residential Home
For Sale
$1,249,000
Pending

652 88th Street, Brooklyn, NY 11228

Residential, Brooklyn, NY

Property Size1,820 SF
Lot Size0.03 Acres
Days on Market168

Property Features for 652 88th Street

General Information

Property type Residential
Property subtype Duplex
Zoning R4B
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Parking features Garage, Open
Interior features Walk-In Closet(s)
Basement Full, Finished
Subdivision Dyker Heights
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 Hot Water(Heating), Natural Gas

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: Oct 25 Last Checked: Oct 27 at 2:06AM
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.

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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

Estimated NOI and Cap Rate

NOI / Yr
$55,563
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,260 $1.1M
Cap Rate 7%
$793,757 $793.8K
Cap Rate 9%
$617,367 $617.4K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$103.1K $56.64/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$101.0K $55.51/SF
− OpEx
−$45.5K −$24.98/SF
NOI
$55.6K $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%
$1,111,260
Cap Rate 7%
$793,757
Cap Rate 9%
$617,367

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 authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3,416
Businesses Nearby

Demographics for 11228, NY

45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

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)
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