Two-Family Brick Residence with
8418 AVE J Brooklyn, NY 11236
For Sale
$999,000
Two split-level units in a brick duplex with a full basement, private driveway, oversized garage, and rear yard.
Property Size2,800 SF
Price / SF$356.79
Days on Market91
Property Features for 8418 AVE J
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multi Family
Building Details
Year Built
1965
Listing Agency:
(718) 399-4149
Listed By:
Vera Capozucca
(718) 399-4149
Source:
Elliman
Added: Apr 28
Changed: Jul 23
Last Checked: Jul 26 at 9:41AM
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 Vera Capozucca
Investment Insights
Based on property information with market context.
This two-family brick residence offers two split-level apartments plus an expansive full basement with ceilings over 10 feet. The owner’s unit is a versatile tri-level layout featuring 3–4 bedrooms, two full baths, and an additional summer galley kitchen. The second apartment offers a 3-bedroom split-level configuration with one full bath and a private 9' x 5' balcony.
The home includes original hardwood floors, formal living and dining rooms, and separate eat-in kitchens. Outside, there is a private driveway with an oversized garage and a spacious rear yard.
Located in Canarsie, Brooklyn, the property is described as convenient to everyday shopping and services, with easy access to the B42 bus connecting to the L Train at Rockaway Parkway Station. WalkScore is 84 and transitScore is 80, with bikeScore of 66, based on the information provided.
The home includes original hardwood floors, formal living and dining rooms, and separate eat-in kitchens. Outside, there is a private driveway with an oversized garage and a spacious rear yard.
Located in Canarsie, Brooklyn, the property is described as convenient to everyday shopping and services, with easy access to the B42 bus connecting to the L Train at Rockaway Parkway Station. WalkScore is 84 and transitScore is 80, with bikeScore of 66, based on the information provided.
Key Highlights
- 2,800 SF two‑family brick home built in 1965 with two split‑level apartments and a full basement with ceilings over 10 ft
- Owner unit is a 3–4 bedroom tri‑level layout with 2 full baths plus an additional summer galley kitchen
- Second apartment offers a 3‑bedroom split‑level layout with 1 full bath and a private balcony (9' x 5')
Financial Insights For Apartment 5plus
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 | $158.6k | $56.64 |
| − Vacancy | −$3.2k | −$1.13 |
| EGI | $155.4k | $55.51 |
| − OpEx | −$69.9k | −$24.98 |
| NOI | $85.5k | $30.53 |
2,800 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.63M
NOI $98,061 @ 7.0% cap · market cap 9.82%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,481 @ 7.0% cap · market cap 8.56%
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.70M
NOI $162,288 @ 7.0% cap · market cap 16.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two split-level units in a brick duplex with a full basement, private driveway, oversized garage, and rear yard.
Where is this duplex located?
The property is located at 8418 AVE J Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,800 SF two‑family brick home built in 1965 with two split‑level apartments and a full basement with ceilings over 10 ft; Owner unit is a 3–4 bedroom tri‑level layout with 2 full baths plus an additional summer galley kitchen; Second apartment offers a 3‑bedroom split‑level layout with 1 full bath and a private balcony (9' x 5')
