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Brooklyn Multifamily Property For Sale

866 E 94th Street Brooklyn, NY 11236

Claim this Listing
For Sale
$1,049,000

MULTI_FAMILY - Brooklyn, NY

Property size:
2,028 SF
Lot size:
0.06 Acres
Price / SF:
$517/SF
Added:
Apr 28, 2026
Days on Market:
77
Last Refresh:
Jul 13 at 4:06 pm

Property Features for 866 E 94th Street

General Information

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

Taxes and HOA fees

Tax Annual Amount
8662

Building Details

Year built
2005
Floors in Building
2
Number of units
2
Flooring type
Parquet Wood
Building materials
Block
Roof type
Flat

Listing agent Michael McGuire

Listing office Coldwell Banker LaBarca 3003 Avenue M, Brooklyn, NY

Listing date Apr 28, 2026

MLS# 500935 Listing URL

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.


Investment Insights

Based on property information with market context.

This multifamily property is located in Brooklyn, NY. The property is zoned R4 and includes two units: a three-bedroom unit over a two-bedroom unit. The building also features a finished basement, a private driveway, and a backyard. The lot size is 0.0574 acres, and the property size is 2028 square feet.

Key Highlights

  • 2‑family home with 3‑bedroom unit over 2‑bedroom unit
  • Finished basement, plus private driveway and backyard
  • Built in 2005 with block construction and flat roof

Local Financial Insights For Multifamily LT 5

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 $103.4k $51.00
− Vacancy −$2.0k −$0.97
EGI $101.5k $50.03
− OpEx −$30.4k −$15.01
NOI $71.0k $35.02
2,028 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$887.8K – $1.18M (±1% cap)
NOI $71,024 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$884.5K
$773.9K – $1.03M (±1% cap)
NOI $61,913 @ 7.0% cap · market cap 5.90%
Theoretical Best
Specialty Retail
$1.68M
$1.47M – $1.96M (±1% cap)
NOI $117,543 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Skin Care Clinic Acupuncture Bar & Pub Tech Support Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family property with finished basement, private drive, and backyard.
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 $1,049,000.
What are key features of this property?
This property features: 2‑family home with 3‑bedroom unit over 2‑bedroom unit; Finished basement, plus private driveway and backyard; Built in 2005 with block construction and flat roof
Contact an agent
More about this property
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