East Flatbush Two-Family Corner
For Sale
$1,050,000
Pending
891 Linden Blvd, Brooklyn, NY 11203
Large detached two-family brick property in East Flatbush.
Property Size2,480 SF
Lot Size0.06 Acres
Days on Market216
Property Features for 891 Linden Blvd
General Information
Standard status
Pending
Size
2,480 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Building Details
Building Size
2,480 SF
Year Built
1920
Stories
2
Listed By:
Michael Alexander
(718) 484-3611
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 4:44AM
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 Michael Alexander
Investment Insights
Based on property information with market context.
This is a large, detached, two-family, all-brick corner property located in East Flatbush. The building contains a total of 6 bedrooms and two full bathrooms, and features hardwood floors throughout. The property includes a detached two-car garage, as well as a front and backyard. The side of the building faces East 57th Street, a quiet, tree-lined block. The property is centrally located near major roadways, including Linden Boulevard and Kings Highway.
Key Highlights
- Extra large detached two‑family all brick corner property
- Two‑car detached garage
- Six bedrooms and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,854
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,737,080
$1.7M
Cap Rate 7%
$1,240,771
$1.2M
Cap Rate 9%
$965,044
$965.0K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$126.5K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$124.1K $50.03/SF
− OpEx
−$37.2K −$15.01/SF
NOI
$86.9K $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 Rate 5%
$1,737,080
Cap Rate 7%
$1,240,771
Cap Rate 9%
$965,044
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,854 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$1.08M
$946.4K – $1.26M
NOI $75,712 @ 7.0% cap · market cap 7.21%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.40M
NOI $143,741 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,348
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
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 - Large detached two-family brick property in East Flatbush.
Where is this duplex located?
The property is located at 891 Linden Blvd Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Extra large detached two‑family all brick corner property; Two‑car detached garage; Six bedrooms and two full bathrooms
