As-Is Duplex With In-Place
718 East 80th Street Brooklyn, NY 11236
For Sale
$835,000
Duplex offered as-is with tenants in place, subject to court approval in a guardian sale.
Property Size1,828 SF
Price / SF$456.78
Days on Market73
Property Features for 718 East 80th Street
General Information
- Standard status
- Active
- Size
- 1,828 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1960
Listing Agency:
United Realty Associates
(718) 631-1900
Listed By:
Peter T. Orisses · License #31OR0981911
(718) 631-1900
Source:
Compass
Added: May 13
Changed: Jul 21
Last Checked: Jul 23 at 9:59AM
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 United Realty Associates
Investment Insights
Based on property information with market context.
This property is being sold as-is with tenants in place. The sale is being conducted as a court guardian sale and will require court approval, and there is no guarantee that any information is exact.
The property is located at 718 East 80th Street, Brooklyn, NY 11236. The seller notes that details including lot size, taxes, maintenance, C.O.s, utilities, and the property’s age and condition are approximate and must be independently verified by the buyer and/or their qualified sources.
The offering is categorized as a duplex and residential income property. Buyers should plan to conduct their own due diligence regarding the property’s condition and any documentation relevant to compliance and ongoing operations.
The property is located at 718 East 80th Street, Brooklyn, NY 11236. The seller notes that details including lot size, taxes, maintenance, C.O.s, utilities, and the property’s age and condition are approximate and must be independently verified by the buyer and/or their qualified sources.
The offering is categorized as a duplex and residential income property. Buyers should plan to conduct their own due diligence regarding the property’s condition and any documentation relevant to compliance and ongoing operations.
Key Highlights
- Duplex offered as‑is with tenants in place, subject to court approval in a guardian sale
- Year built: 1960
- Partially finished basement with walk‑out access
Financial Insights For Multifamily LT 5
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 | $93.2k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $91.5k | $50.03 |
| − OpEx | −$27.4k | −$15.01 |
| NOI | $64.0k | $35.02 |
1,828 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$914.6K
$800.3K – $1.07M
NOI $64,020 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$797.2K
$697.6K – $930.1K
NOI $55,807 @ 7.0% cap · market cap 6.68%
Theoretical Best
Specialty Retail
$1.51M
$1.32M – $1.77M
NOI $105,951 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
DRENCHED cosmetics LLC
Cosmetic Store
Skin Priority LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Duplex offered as-is with tenants in place, subject to court approval in a guardian sale.
Where is this duplex located?
The property is located at 718 East 80th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Duplex offered as‑is with tenants in place, subject to court approval in a guardian sale; Year built: 1960; Partially finished basement with walk‑out access
