Residential Income Property with
New
For Sale
$1,250,000
6917 SHORE Road 4APS10, Brooklyn, NY 11209
A renovated, three-bedroom condo offers a private balcony, in-unit laundry, and direct elevator access.
Property Size1,271 SF
Price / SF$983.48
Days on Market4
Property Features for 6917 SHORE Road 4APS10
General Information
Standard status
Active
Size
1,271 SF
Elevators
Yes
Property subtype
Apartment
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,488
Amenities
balcony
in-unit washer/dryer
central air
storage
motorized shades
blackout blinds
Building Details
Building Size
1,271 SF
Year Built
2005
Buildings
1
Listing Agency:
Corcoran Group
Listed By:
Tam M Le
(718) 422-2524
Source:
Carlinwright
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:52AM
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 Corcoran Group
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 1,271-square-foot condominium is configured as a three-bedroom, two-bathroom residence. Renovated interiors include an open living and dining area, a kitchen with Viking, Bosch, and JennAir appliances, and a keyed elevator that opens into the apartment. The primary bedroom connects to a private balcony and a walk-through closet leading to its bathroom; a second bedroom has a walk-in closet, while the third bedroom is currently used as a home office. Central air, an in-unit washer and dryer, a new water heater, and private storage are included. Parking is available for purchase with the unit.
The apartment has east and west exposures, broad water views, and views of the Botanical Garden. The building is across from the NYC Ferry, with service to Manhattan, including Wall Street and Battery Park City. An express bus stops outside, and subway service is a few blocks away. Shore Road Park and Promenade are nearby, as is Owl's Head Park, one block from the building.
The apartment has east and west exposures, broad water views, and views of the Botanical Garden. The building is across from the NYC Ferry, with service to Manhattan, including Wall Street and Battery Park City. An express bus stops outside, and subway service is a few blocks away. Shore Road Park and Promenade are nearby, as is Owl's Head Park, one block from the building.
Key Highlights
- 1,271‑square‑foot condo configured as 3 bedrooms and 2 bathrooms
- Private balcony, private storage, and keyed elevator access directly into the apartment
- Renovated kitchen with Viking, Bosch, and JennAir appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,802
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,040
$776.0K
Cap Rate 7%
$554,314
$554.3K
Cap Rate 9%
$431,133
$431.1K
Market Conditions
NOI Build-Up for 1,271 SF
Gross rent
$72.0K $56.64/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$70.5K $55.51/SF
− OpEx
−$31.7K −$24.98/SF
NOI
$38.8K $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%
$776,040
Cap Rate 7%
$554,314
Cap Rate 9%
$431,133
Alternative Uses
Best Use
Apartment 5plus
$554.3K
$485.0K – $646.7K
NOI $38,802 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.05M
$920.8K – $1.23M
NOI $73,667 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,613
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A renovated, three-bedroom condo offers a private balcony, in-unit laundry, and direct elevator access.
Where is this residential income property located?
The property is located at 6917 SHORE Road 4APS10 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1,271‑square‑foot condo configured as 3 bedrooms and 2 bathrooms; Private balcony, private storage, and keyed elevator access directly into the apartment; Renovated kitchen with Viking, Bosch, and JennAir appliances
