Building Details

Year built 1965

Floors in Building 3

Number of units 2

Flooring type Tile

Building materials Brick

Roof type Flat

Architectural style Colonial

Listing Agency: E House Realty & Mgt. Inc.

Listed By: Yun Bin(Roy) Wang Show Phone

Added: Oct 5 Last Checked: Oct 10 at 3:06AM

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MLS# 505073

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 2,280-square-foot, three-story brick duplex was built in 1965 and sits on a 0.0444-acre lot. The first floor measures 20 by 42 feet; the second and third floors each measure 20 by 36 feet. Interior features include wall-mounted air conditioning and tile flooring. The room inventory lists five bedrooms and three bathrooms.

Zoned R5, the property has a community driveway with one parking space.

Key Highlights

• Two‑family brick duplex with three stories
• 2,280 square feet on a 0.0444‑acre lot
• First floor measures 20x42; second and third floors each measure 20x36

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$62,187

Cap Rate

4.78%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,243,740 $1.2M

Cap Rate 7%

$888,386 $888.4K

Cap Rate 9%

$690,967 $691.0K

Market Conditions

NOI Build-Up for 2,280 SF

Gross rent

$93.0K $40.80/SF

− Vacancy

−$4.2K −$1.84/SF

EGI

$88.8K $38.96/SF

− OpEx

−$26.7K −$11.69/SF

NOI

$62.2K $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 Rate 5%

$1,243,740

Cap Rate 7%

$888,386

Cap Rate 9%

$690,967

Alternative Uses

Best Use

Multifamily LT 5

$888.4K

$777.3K – $1.04M (±1% cap)

NOI $62,187 @ 7.0% cap · market cap 4.78%

Second Best

Apartment 5plus

$796.2K

$696.7K – $928.9K (±1% cap)

NOI $55,733 @ 7.0% cap · market cap 4.29%

Theoretical Best

Office A

$1.33M

$1.16M – $1.55M (±1% cap)

NOI $93,103 @ 7.0% cap · market cap 7.16%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel Catering Service

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

2,355

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - The two-family layout includes a community driveway and one on-site parking space.

Where is this duplex located?

The property is located at 8782 26th Avenue Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Two‑family brick duplex with three stories; 2,280 square feet on a 0.0444‑acre lot; First floor measures 20x42; second and third floors each measure 20x36