Two-Family Duplex with Finished
New
For Sale
$1,980,000
762 50th St, Brooklyn, NY 11220
Separate heating and hot water systems complement split A/C units and a finished basement.
Property Size2,140 SF
Days on Market3
Property Features for 762 50th St
General Information
Standard status
Active
Size
2,140 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR, 1 x 4BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,565
Amenities
split A/C units
separate heating and hot water systems
finished basement
Building Details
Building Size
2,140 SF
Buildings
1
Listing Agency:
Tiger Realty
Listed By:
Emily Hui Chen-Liang · License #HTL8672
(917) 708-9966
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 7:26AM
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 Tiger Realty
Investment Insights
Based on property information with market context.
This semi-detached duplex contains two residential floors and a finished basement. The first floor has 3 bedrooms and was renovated 2 years ago; the second floor has 4 bedrooms and was upgraded along with the basement in October last year. The building measures 20×48 on a 20×100 lot, with 3 split A/C units and separate heating and hot water systems.
At 762 50th St in Brooklyn, the property is minutes from the 8th Avenue commercial district, which has restaurants and shopping. Public transportation is nearby. The property has a Walk Score of 91, a Transit Score of 89, and a Bike Score of 74.
At 762 50th St in Brooklyn, the property is minutes from the 8th Avenue commercial district, which has restaurants and shopping. Public transportation is nearby. The property has a Walk Score of 91, a Transit Score of 89, and a Bike Score of 74.
Key Highlights
- Two‑family, semi‑detached duplex with 3 bedrooms on the first floor and 4 on the second
- Building measures 20×48 on a 20×100 lot
- Finished basement; upper floor and basement upgraded in October last year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,718
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,360
$1.3M
Cap Rate 7%
$910,257
$910.3K
Cap Rate 9%
$707,978
$708.0K
Market Conditions
NOI Build-Up for 2,140 SF
Gross rent
$95.0K $44.40/SF
− Vacancy
−$4.0K −$1.86/SF
EGI
$91.0K $42.54/SF
− OpEx
−$27.3K −$12.76/SF
NOI
$63.7K $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%
$1,274,360
Cap Rate 7%
$910,257
Cap Rate 9%
$707,978
Alternative Uses
Best Use
Multifamily LT 5
$910.3K
$796.5K – $1.06M
NOI $63,718 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$815.2K
$713.3K – $951.1K
NOI $57,067 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,111 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate heating and hot water systems complement split A/C units and a finished basement.
Where is this duplex located?
The property is located at 762 50th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Two‑family, semi‑detached duplex with 3 bedrooms on the first floor and 4 on the second; Building measures 20×48 on a 20×100 lot; Finished basement; upper floor and basement upgraded in October last year
