For Sale
$1,800,000
Pending
746 50th St, Brooklyn, NY 11220
Duplexes
Property Size3,090 SF
Days on Market149
Property Features for 746 50th St
General Information
Standard status
Pending
Size
3,090 SF
Property subtype
Multi Family
Zoning
R6B
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,500
Building Details
Building Size
3,090 SF
Year Built
1930
Stories
2
Listing Agency:
Momentum Real Estate LLC
Listed By:
Meijuan (Minnie) Lin · License #MJL6058
(718) 382-0001
Source:
Elliman
Added: Jun 3
Changed: Oct 26
Last Checked: Oct 28 at 9:18AM
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 Momentum Real Estate LLC
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.
Key Highlights
- 2‑family brick home built in 1930 with a full basement
- 20 x 55 home configuration includes 1 bedroom on the first floor with extra large dining and living rooms
- Second floor has 3 bedrooms, including an enormous master bedroom and built‑in storage/organization features
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,004
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,080
$1.8M
Cap Rate 7%
$1,314,343
$1.3M
Cap Rate 9%
$1,022,267
$1.0M
Market Conditions
NOI Build-Up for 3,090 SF
Gross rent
$137.2K $44.40/SF
− Vacancy
−$5.8K −$1.86/SF
EGI
$131.4K $42.54/SF
− OpEx
−$39.4K −$12.76/SF
NOI
$92.0K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,080
Cap Rate 7%
$1,314,343
Cap Rate 9%
$1,022,267
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $92,004 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,400 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,222 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7,297
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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
Frequently Asked Questions
Where is this duplex located?
The property is located at 746 50th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 2‑family brick home built in 1930 with a full basement; 20 x 55 home configuration includes 1 bedroom on the first floor with extra large dining and living rooms; Second floor has 3 bedrooms, including an enormous master bedroom and built‑in storage/organization features
