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Duplex Property with Finished Basement
For Sale
$975,000

866 E 94th Street, Brooklyn, NY 11236

Residential, Brooklyn, NY

Property Size2,028 SF
Lot Size0.06 Acres
Price / SF$480.77
Days on Market174

Property Features for 866 E 94th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Rooms Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
Interior features Refrigerator, Stove
Basement Finished
Subdivision Canarsie
Standard status Active
Size 2,028 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 8662

Amenities

finished basement
private driveway
back yard

Building Details

Year built 2005
Floors in Building 2
Number of units 2
Flooring type Parquet Wood
Building materials Block
Roof type Flat
Listing Agency: Coldwell Banker LaBarca
Listed By: Michael McGuire
Added: Apr 28 Changed: Oct 16 Last Checked: Oct 18 at 3:06AM
MLS# 500935

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This two-family duplex contains 2028 square feet and is arranged with a three-bedroom residence above a two-bedroom residence. The property also includes a finished basement, private driveway, and backyard. Interior features include a refrigerator and stove, while parquet wood flooring, block construction, and a flat roof are documented. The building was constructed in 2005 and carries R4 zoning. The room count includes five bedrooms and three bathrooms overall, providing a practical residential configuration for the two-unit layout.

Key Highlights

  • Two‑family duplex with a three‑bedroom unit over a two‑bedroom unit
  • 2028 square feet on a 0.0574‑acre lot
  • Finished basement, private driveway, and backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,024
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,420,480 $1.4M
Cap Rate 7%
$1,014,629 $1.0M
Cap Rate 9%
$789,156 $789.2K
Market Conditions
NOI Build-Up for 2,028 SF
Gross rent
$103.4K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$101.5K $50.03/SF
− OpEx
−$30.4K −$15.01/SF
NOI
$71.0K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,420,480
Cap Rate 7%
$1,014,629
Cap Rate 9%
$789,156

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$887.8K – $1.18M (±1% cap)
NOI $71,024 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$884.5K
$773.9K – $1.03M (±1% cap)
NOI $61,913 @ 7.0% cap · market cap 6.35%
Theoretical Best
Specialty Retail
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,543 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,732
Businesses Nearby

Demographics for 11236, NY

100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential building with a private drive, backyard, and three- and two-bedroom layouts.
Where is this duplex located?
The property is located at 866 E 94th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑family duplex with a three‑bedroom unit over a two‑bedroom unit; 2028 square feet on a 0.0574‑acre lot; Finished basement, private driveway, and backyard
More about this property
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