Brick Duplex with Private
For Sale
$2,500,000
8756 26th Avenue, Brooklyn, NY 11214
MULTI_FAMILY - Brooklyn, NY
Property Size4,125 SF
Lot Size0.08 Acres
Price / SF$606.06
Days on Market277
Property Features for 8756 26th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 4, Bedroom 3
Parking features
Garage
Interior features
Refrigerator, Stove
Basement
Finished, Full
Subdivision
Bath Beach
Standard status
Active
Size
4,125 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
11515
Amenities
finished full basement
Building Details
Year built
1965
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Yuyi Cheng
(718) 838-2600
Added: Dec 1, 2025
Changed: Aug 4
Last Checked: Sep 4 at 11:06AM
MLS# 497608
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.
Brick two-family duplex on a 35x96 lot with a building size of 25x55 (4,125 SF). Built in 1965, the home features flooring of tile and hardwood, a flat roof, and a finished full basement that adds usable living or flex space. The interior includes a refrigerator and stove, and the layout includes multiple bedrooms and bathrooms.
Renovated three years ago, the home is presented as move-in condition with no additional work needed. Parking is available via a private driveway and a built-in garage, supporting easy daily access.
Located in Brooklyn, near the D train, the property is positioned for both end-users and investors seeking a maintained two-family home in an R5 zoning designation.
Renovated three years ago, the home is presented as move-in condition with no additional work needed. Parking is available via a private driveway and a built-in garage, supporting easy daily access.
Located in Brooklyn, near the D train, the property is positioned for both end-users and investors seeking a maintained two-family home in an R5 zoning designation.
Key Highlights
- Brick two‑family duplex with building size 25x55 on a 35x96 lot
- 4,125 SF building size
- Renovated 3 years ago and presented as move‑in condition
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
$112,509
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
4.50%
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%
$2,250,180
$2.3M
Cap Rate 7%
$1,607,271
$1.6M
Cap Rate 9%
$1,250,100
$1.3M
Market Conditions
NOI Build-Up for 4,125 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
$168.3K $40.80/SF
− Vacancy
−$7.6K −$1.84/SF
EGI
$160.7K $38.96/SF
− OpEx
−$48.2K −$11.69/SF
NOI
$112.5K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
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%
$2,250,180
Cap Rate 7%
$1,607,271
Cap Rate 9%
$1,250,100
Alternative Uses
Best Use
Multifamily LT 5
$1.61M
$1.41M – $1.88M
NOI $112,509 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,833 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,443 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,355
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick two-family duplex in R5 zoning with a finished basement, private driveway, and built-in garage.
Where is this duplex located?
The property is located at 8756 26th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Brick two‑family duplex with building size 25x55 on a 35x96 lot; 4,125 SF building size; Renovated 3 years ago and presented as move‑in condition
