Search
One-Bedroom Duplex Residence
For Sale
$999,000

87 WINTHROP Street 1A, Brooklyn, NY 11225

Two levels separate the main living area from a substantial lower-level recreation room.

Property Size1,205 SF
Price / SF$829.05
Days on Market27

Property Features for 87 WINTHROP Street 1A

General Information

Standard status Active
Size 1,205 SF
Property subtype Duplex

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $9,336

Building Details

Building Size 1,205 SF
Year Built 2026
Listing Agency: Serhant
Listed By: Alexandra Newman
Source: Penrealty
Added: Sep 30 Changed: Oct 25 Last Checked: Oct 24 at 11:41PM

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 Serhant

Rey
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.

Residence 1A is a newly constructed condominium with 1,205 square feet arranged across two levels. The main floor includes an open living and dining area with access to a private front yard, a kitchen with an island and Fisher & Paykel appliances, and a bedroom with a walk-in closet and ensuite bath. A guest powder room is also on this level. Downstairs, the recreation room is accompanied by a second half-bath and built-in storage. The building was completed in 2026.

The property is at 87 Winthrop Street in Brooklyn’s Prospect Lefferts Gardens. Prospect Park is nearby, and subway service is available at Parkside Avenue on the Q line and Winthrop Street on the 2 and 5 lines. Local dining and retail options include Mattina, Midwood Flats, Silver Rice, and Bomberino.

Key Highlights

  • 1,205‑square‑foot condominium residence arranged over two levels
  • One bedroom with walk‑in closet and ensuite bathroom
  • Private front yard accessible from the living and dining area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,787
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,740 $735.7K
Cap Rate 7%
$525,529 $525.5K
Cap Rate 9%
$408,744 $408.7K
Market Conditions
NOI Build-Up for 1,205 SF
Gross rent
$68.3K $56.64/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$66.9K $55.51/SF
− OpEx
−$30.1K −$24.98/SF
NOI
$36.8K $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%
$735,740
Cap Rate 7%
$525,529
Cap Rate 9%
$408,744

Alternative Uses

Best Use
Apartment 5plus
$525.5K
$459.8K – $613.1K (±1% cap)
NOI $36,787 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$997.7K
$873.0K – $1.16M (±1% cap)
NOI $69,842 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,517
Businesses Nearby

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Two levels separate the main living area from a substantial lower-level recreation room.
Where is this residential income property located?
The property is located at 87 WINTHROP Street 1A 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: 1,205‑square‑foot condominium residence arranged over two levels; One bedroom with walk‑in closet and ensuite bathroom; Private front yard accessible from the living and dining area
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved