Two-Bedroom Apartment with Eat-In
For Sale
$895,000
85 LIVINGSTON Street 5D, Brooklyn, NY 11201
The 970-square-foot residence features parquet flooring, ample storage and access to a building doorman and fitness center.
Property Size970 SF
Price / SF$922.68
Days on Market10
Property Features for 85 LIVINGSTON Street 5D
General Information
Standard status
Active
Size
970 SF
Property subtype
Apartment
Building Details
Building Size
970 SF
Year Built
1964
Listing Agency:
Corcoran Group
Listed By:
Jonathan N Tager · License #30TA1036793
(917) 789-0140
Source:
Carlinwright
Added: Sep 22
Changed: Sep 28
Last Checked: Sep 30 at 5:53PM
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 Corcoran Group
Investment Insights
Based on property information with market context.
At 85 Livingston Street, Brooklyn, this 970-square-foot apartment has two bedrooms and one bathroom. Its living and dining area is complemented by parquet floors and large windows. The separate eat-in kitchen has a window, while closets and storage are distributed throughout the home. The primary bedroom accommodates a king-sized bed and additional furniture; the second bedroom can also serve as a guest room or office.
The building, constructed in 1964, has a doorman and fitness center. Restaurants, shopping and multiple subway lines are nearby.
The building, constructed in 1964, has a doorman and fitness center. Restaurants, shopping and multiple subway lines are nearby.
Key Highlights
- 970‑square‑foot apartment with two bedrooms and one bathroom
- Separate, windowed eat‑in kitchen
- Building amenities include a doorman and fitness center
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,613
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$592,260
$592.3K
Cap Rate 7%
$423,043
$423.0K
Cap Rate 9%
$329,033
$329.0K
Market Conditions
NOI Build-Up for 970 SF
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.
Gross rent
$54.9K $56.64/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$53.8K $55.51/SF
− OpEx
−$24.2K −$24.98/SF
NOI
$29.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$592,260
Cap Rate 7%
$423,043
Cap Rate 9%
$329,033
Alternative Uses
Best Use
Apartment 5plus
$423.0K
$370.2K – $493.6K
NOI $29,613 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$803.2K
$702.8K – $937.0K
NOI $56,221 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,398
Businesses Nearby
Explore this area
Business Placement
Demographics for 11201, NY
69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - The 970-square-foot residence features parquet flooring, ample storage and access to a building doorman and fitness center.
Where is this residential income property located?
The property is located at 85 LIVINGSTON Street 5D Brooklyn, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 970‑square‑foot apartment with two bedrooms and one bathroom; Separate, windowed eat‑in kitchen; Building amenities include a doorman and fitness center
