Brick Corner
For Sale
$1,200,000
690 East 96th Street, Brooklyn, NY 11236
Two-family residential property with a finished basement, private outdoor space, and on-site parking.
Property Size2,500 SF
Lot Size0.09 Acres
Price / SF$480
Days on Market89
Property Features for 690 East 96th Street
General Information
Standard status
Active
Size
2,500 SF
Total Parking Spaces
1
Lot size
0.09 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,467
Building Details
Building Size
2,500 SF
Year Built
1960
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Bluewater Capital Realty Corp
Listed By:
Rosalind A. Bolden
(718) 484-8622
Source:
Penrealty
Added: Jul 30
Changed: Oct 26
Last Checked: Oct 24 at 11:56PM
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 Bluewater Capital Realty Corp
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Investment Insights
Based on property information with market context.
This semi-attached brick duplex is configured as a two-family residence on a 30 x 130 lot. The property includes six bedrooms, hardwood flooring throughout, separate living and dining areas, and kitchens serving both residential levels. The first floor offers two bedrooms, while the upper duplex contains three bedrooms. A full finished basement adds flexible space, a separate entrance, and a three-quarter bathroom. The property also includes a backyard and parking space.
The residence is positioned on a quiet residential block with access to public transportation, shopping, and neighborhood amenities. Walk Score is 73, Transit Score is 84, and Bike Score is 56. Built in 1960, the property presents a defined two-family layout with additional finished lower-level space.
The residence is positioned on a quiet residential block with access to public transportation, shopping, and neighborhood amenities. Walk Score is 73, Transit Score is 84, and Bike Score is 56. Built in 1960, the property presents a defined two-family layout with additional finished lower-level space.
Key Highlights
- Semi‑attached brick two‑family residence on a 30 x 130 lot
- Six bedrooms across the first floor and upper‑level duplex
- Full finished basement with separate entrance and 3/4 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,554
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,751,080
$1.8M
Cap Rate 7%
$1,250,771
$1.3M
Cap Rate 9%
$972,822
$972.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$127.5K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$125.1K $50.03/SF
− OpEx
−$37.5K −$15.01/SF
NOI
$87.6K $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%
$1,751,080
Cap Rate 7%
$1,250,771
Cap Rate 9%
$972,822
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.09M – $1.46M
NOI $87,554 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$1.09M
$954.0K – $1.27M
NOI $76,322 @ 7.0% cap · market cap 6.36%
Theoretical Best
Specialty Retail
$2.07M
$1.81M – $2.42M
NOI $144,900 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,751
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-family residential property with a finished basement, private outdoor space, and on-site parking.
Where is this duplex located?
The property is located at 690 East 96th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Semi‑attached brick two‑family residence on a 30 x 130 lot; Six bedrooms across the first floor and upper‑level duplex; Full finished basement with separate entrance and 3/4 bathroom
