Residential Income Property with
New
For Sale
$540,000
85 Livingston Street 12L, Brooklyn, NY 11201
A divided living, sleeping, and work layout is complemented by building services and nearby subway access.
Property Size670 SF
Price / SF$805.97
Days on Market4
Property Features for 85 Livingston Street 12L
General Information
Standard status
Active
Size
670 SF
Property subtype
Apartment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x junior one bedroom
Multifamily Units
1
Amenities
24-hour doorman
gym
bike room
storage spaces
laundry room
pet-friendly
parking garage
Building Details
Building Size
670 SF
Year Built
1964
Listing Agency:
Compass
Listed By:
Cordelia K Stephens
(646) 369-6754
Source:
Carlinwright
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:47AM
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 Compass
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.
This 670-square-foot apartment at The Robert Livingston separates living, sleeping, and office areas with custom pocket doors. The open kitchen has Nero Marquina marble countertops and storage, with an adjoining dining area sized for a large table. Built-in hallway closets and living room shelving add storage. Other features include updated owner-controlled heating and air conditioning, heated bathroom floors, wide-plank white oak flooring, and custom window treatments. Utilities are included in the maintenance fee.
Built in 1964, the building offers a 24-hour doorman, gym, bike room, large laundry room, and a parking garage available for an additional monthly cost. Storage spaces are waitlisted. The building is pet-friendly and has a flexible sublet policy; co-purchasing, gifts, and guarantors are accepted. Nearby subway service includes the 2, 3, 4, 5, and R trains. Brooklyn Heights Promenade, Brooklyn Bridge Park, Trader Joe’s, Whole Foods, Sahadi’s, and Atlantic Avenue dining and bars are also accessible from the property.
Built in 1964, the building offers a 24-hour doorman, gym, bike room, large laundry room, and a parking garage available for an additional monthly cost. Storage spaces are waitlisted. The building is pet-friendly and has a flexible sublet policy; co-purchasing, gifts, and guarantors are accepted. Nearby subway service includes the 2, 3, 4, 5, and R trains. Brooklyn Heights Promenade, Brooklyn Bridge Park, Trader Joe’s, Whole Foods, Sahadi’s, and Atlantic Avenue dining and bars are also accessible from the property.
Key Highlights
- 670‑square‑foot apartment with separate living, bedroom, and office areas
- Open kitchen with Nero Marquina marble countertops and adjoining dining area
- Owner‑controlled heating and air conditioning; heated bathroom floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,454
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$409,080
$409.1K
Cap Rate 7%
$292,200
$292.2K
Cap Rate 9%
$227,267
$227.3K
Market Conditions
NOI Build-Up for 670 SF
Gross rent
$37.9K $56.64/SF
− Vacancy
−$759 −$1.13/SF
EGI
$37.2K $55.51/SF
− OpEx
−$16.7K −$24.98/SF
NOI
$20.5K $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%
$409,080
Cap Rate 7%
$292,200
Cap Rate 9%
$227,267
Alternative Uses
Best Use
Apartment 5plus
$292.2K
$255.7K – $340.9K
NOI $20,454 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$554.8K
$485.4K – $647.2K
NOI $38,833 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Utilities to site
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
Frequently Asked Questions
What type of property is this?
Residential income property - A divided living, sleeping, and work layout is complemented by building services and nearby subway access.
Where is this residential income property located?
The property is located at 85 Livingston Street 12L Brooklyn, NY.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 670‑square‑foot apartment with separate living, bedroom, and office areas; Open kitchen with Nero Marquina marble countertops and adjoining dining area; Owner‑controlled heating and air conditioning; heated bathroom floors
