Two-Unit Brick
For Sale
$899,999
703 Autumn Avenue, Brooklyn, NY 11208
Each residence offers two bedrooms and a full bathroom, with separate entry doors accessed from a shared entrance.
Property Size1,800 SF
Price / SF$499
Days on Market10
Property Features for 703 Autumn Avenue
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
1
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,736
Amenities
fully finished walkout basement
private parking
backyard
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
1,800 SF
Year Built
1960
Units
2
Construction
brick
Listing Agency:
Keller Williams Realty Liberty
(718) 848-4700
Listed By:
Malissa J. Gopie · License #10401365844
(516) 603-7281
Source:
Croninreale
Added: Oct 17
Changed: Oct 25
Last Checked: Oct 26 at 3:52AM
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 Keller Williams Realty Liberty
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Investment Insights
Based on property information with market context.
This 1,800-square-foot brick duplex, built in 1960, contains two separate residences. Each unit has two bedrooms and one full bathroom, with its own entry door reached through a common entrance. A fully finished walkout basement adds usable interior space, while private parking and a backyard provide additional property features.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,800 square feet; built in 1960
- Finished walkout basement, private parking, and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,207
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,140
$924.1K
Cap Rate 7%
$660,100
$660.1K
Cap Rate 9%
$513,411
$513.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$69.1K $38.40/SF
− Vacancy
−$3.1K −$1.73/SF
EGI
$66.0K $36.67/SF
− OpEx
−$19.8K −$11.00/SF
NOI
$46.2K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,140
Cap Rate 7%
$660,100
Cap Rate 9%
$513,411
Alternative Uses
Best Use
Multifamily LT 5
$660.1K
$577.6K – $770.1K
NOI $46,207 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$587.8K
$514.3K – $685.7K
NOI $41,143 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$1.10M
$963.7K – $1.28M
NOI $77,096 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,167
Businesses Nearby
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Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
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 - Each residence offers two bedrooms and a full bathroom, with separate entry doors accessed from a shared entrance.
Where is this duplex located?
The property is located at 703 Autumn Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,800 square feet; built in 1960; Finished walkout basement, private parking, and backyard
