Two-Story Home with Two
For Sale
$899,900
Pending
743 WARWICK St, Brooklyn, NY 11207
Two-story home featuring five bedrooms, two kitchens, and garage.
Property Size2,000 SF
Lot Size0.07 Acres
Days on Market201
Property Features for 743 WARWICK St
General Information
Standard status
Pending
Size
2,000 SF
Lot size
0.07 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$6,348
Building Details
Building Size
2,000 SF
Year Built
1970
Units
1
Listing Agency:
ISLAND ADVANTAGE REALTY LLC
Listed By:
Todd A. Yovino · License #49YO0956714
(631) 351-6000
Source:
Elliman
Added: Mar 24
Changed: Oct 10
Last Checked: Oct 9 at 11:14PM
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 ISLAND ADVANTAGE REALTY LLC
Investment Insights
Based on property information with market context.
This two-story home includes five bedrooms, two full baths, and two eat-in kitchens. A two-car garage is also featured. The provided information is estimated to the best of our abilities at this time.
Key Highlights
- Five bedrooms offer ample space.
- Two full baths provide convenience.
- Two eat‑in kitchens offer flexibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,058
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,221,160
$1.2M
Cap Rate 7%
$872,257
$872.3K
Cap Rate 9%
$678,422
$678.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$113.3K $56.64/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$111.0K $55.51/SF
− OpEx
−$50.0K −$24.98/SF
NOI
$61.1K $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%
$1,221,160
Cap Rate 7%
$872,257
Cap Rate 9%
$678,422
Alternative Uses
Best Use
Apartment 5plus
$872.3K
$763.2K – $1.02M
NOI $61,058 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $115,920 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,124
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Two-story home featuring five bedrooms, two kitchens, and garage.
Where is this apartment building located?
The property is located at 743 WARWICK St Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Five bedrooms offer ample space.; Two full baths provide convenience.; Two eat‑in kitchens offer flexibility.
