Brick Duplex with Finished
For Sale
$1,099,000
724 E 82nd Street, Brooklyn, NY 11236
Residential, Duplex - Up/Down, Brooklyn, NY
Property Size2,760 SF
Lot Size0.05 Acres
Price / SF$398.19
Days on Market89
Property Features for 724 E 82nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 5, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Patio and Porch features
Porch
Interior features
A/C Unit - Wall, Porch
Basement
Finished
Subdivision
Canarsie
Standard status
Active
Size
2,760 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7064
Amenities
front balcony
finished basement with separate entrance
Building Details
Year built
1960
Floors in Building
3
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat, Rubber
Architectural style
Other
Listing Agency:
BHHS Fillmore R.E.
Listed By:
Douglas E. Beaton
(718) 377-6161
Added: Jul 28
Changed: Oct 20
Last Checked: Oct 24 at 6:06PM
MLS# 503338
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 semi-detached, solid-brick two-family residence provides approximately 2,760 square feet on a 22-by-100-foot lot. The upper-level owner’s duplex includes four bedrooms, three bathrooms, hardwood and tile flooring, a private primary-bedroom bath, a walk-in closet, and a second-floor balcony. Windows on three sides bring natural light into the home. A separate first-floor apartment offers two bedrooms and one full bathroom.
Additional usable space is provided by a finished basement with its own entrance. The community driveway accommodates up to three vehicles. The property is near Gateway Center, Kings Plaza, Canarsie Park, Canarsie Pier, and Shirley Chisholm State Park, as well as restaurants and shopping. Built in 1960, the residence is zoned R5B and includes wall-unit air conditioning, a porch, and a flat rubber roof.
Additional usable space is provided by a finished basement with its own entrance. The community driveway accommodates up to three vehicles. The property is near Gateway Center, Kings Plaza, Canarsie Park, Canarsie Pier, and Shirley Chisholm State Park, as well as restaurants and shopping. Built in 1960, the residence is zoned R5B and includes wall-unit air conditioning, a porch, and a flat rubber roof.
Key Highlights
- Approximately 2,760 square feet on a 22‑by‑100‑foot lot
- Owner’s duplex with 4 bedrooms and 3 bathrooms
- Separate first‑floor apartment with 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,660
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,933,200
$1.9M
Cap Rate 7%
$1,380,857
$1.4M
Cap Rate 9%
$1,074,000
$1.1M
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$140.8K $51.00/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$138.1K $50.03/SF
− OpEx
−$41.4K −$15.01/SF
NOI
$96.7K $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%
$1,933,200
Cap Rate 7%
$1,380,857
Cap Rate 9%
$1,074,000
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.61M
NOI $96,660 @ 7.0% cap · market cap 8.80%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,260 @ 7.0% cap · market cap 7.67%
Theoretical Best
Specialty Retail
$2.29M
$2.00M – $2.67M
NOI $159,970 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,110
Businesses Nearby
Explore this area
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 - Semi-detached two-family residence with an owner’s duplex, separate apartment, finished basement, and community-driveway parking.
Where is this duplex located?
The property is located at 724 E 82nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Approximately 2,760 square feet on a 22‑by‑100‑foot lot; Owner’s duplex with 4 bedrooms and 3 bathrooms; Separate first‑floor apartment with 2 bedrooms and 1 full bathroom
