Brick Duplex with Finished
For Sale
$800,000
8811 Bedell Lane, Brooklyn, NY 11236
Residential, Ranch, Brooklyn, NY
Property Size1,680 SF
Lot Size0.00 Acres
Price / SF$476.19
Days on Market216
Property Features for 8811 Bedell Lane
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Canarsie
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3
Basement
Finished
Subdivision
Canarsie
Standard status
Active
Size
1,680 SF
Lot size
0.00 Acres
Building Details
Year built
1920
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Architectural style
Ranch
Listing Agency:
Master Plan Real Estate Corp.
(718) 252-6700
Listed By:
Turgot Solages
(347) 873-9000
Added: Feb 27
Changed: Sep 15
Last Checked: Oct 1 at 4:06PM
MLS# 499147
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 1,680-square-foot two-family semidetached residence was built in 1920 with brick construction and ranch-style design. The layout places two bedrooms above a one-bedroom first-floor unit, with two bathrooms and hardwood flooring. A finished basement adds additional interior space, while the flat roof complements the building’s established construction.
The first-floor unit is occupied, and the second-floor two-bedroom unit is vacant. The property is located at 8811 Bedell Lane in Brooklyn, New York, within ZIP Code 11236. Its configuration provides two residential units in a compact building measuring approximately 0.0025 acres.
The first-floor unit is occupied, and the second-floor two-bedroom unit is vacant. The property is located at 8811 Bedell Lane in Brooklyn, New York, within ZIP Code 11236. Its configuration provides two residential units in a compact building measuring approximately 0.0025 acres.
Key Highlights
- Two‑family semidetached brick residence
- 1,680 square feet with two residential units
- Two‑bedroom upper unit over a one‑bedroom first‑floor unit
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
$58,836
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
7.35%
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%
$1,176,720
$1.2M
Cap Rate 7%
$840,514
$840.5K
Cap Rate 9%
$653,733
$653.7K
Market Conditions
NOI Build-Up for 1,680 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
$85.7K $51.00/SF
− Vacancy
−$1.6K −$0.97/SF
EGI
$84.1K $50.03/SF
− OpEx
−$25.2K −$15.01/SF
NOI
$58.8K $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 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%
$1,176,720
Cap Rate 7%
$840,514
Cap Rate 9%
$653,733
Alternative Uses
Best Use
Multifamily LT 5
$840.5K
$735.5K – $980.6K
NOI $58,836 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$732.7K
$641.1K – $854.8K
NOI $51,289 @ 7.0% cap · market cap 6.41%
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.62M
NOI $97,373 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,363
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family semidetached home with distinct bedroom layouts and a finished lower level.
Where is this duplex located?
The property is located at 8811 Bedell Lane Brooklyn, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two‑family semidetached brick residence; 1,680 square feet with two residential units; Two‑bedroom upper unit over a one‑bedroom first‑floor unit
