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Two-Family Attached Limestone Home
For Sale
$1,100,000

900 Avenue, Brooklyn, NY 11203

Attached two-family limestone delivered vacant, offering approx 2,048 SF with separate-entry semi-finished basement and flexible layouts.

Property Size2,048 SF
Price / SF$537.11
Days on Market75

Property Features for 900 Avenue

General Information

Standard status Active
Size 2,048 SF
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Building Size 2,048 SF
Year Built 1910
Buildings 1
Construction limestone
Listing Agency: Century 21 Awaye Realty
Listed By: Arlene T Waye · License #10491211892
Source: Carlinwright
Added: May 19 Changed: Jul 31 Last Checked: Aug 1 at 10:51AM

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 Century 21 Awaye Realty

Investment Insights

Based on property information with market context.

Welcome to 900 Brooklyn Avenue, a spacious two-family attached limestone home in East Flatbush, Brooklyn, delivered vacant. The property spans approximately 2,048 square feet and features generous room sizes with original character throughout, creating a flexible foundation for a range of investor, contractor, or buyer customization plans.

The first level includes 6 rooms with a large living room, formal dining room, 2 bedrooms, 1 full bathroom, a windowed kitchen, storage area, and access to a bright sunroom and cozy outdoor patio space. The second level offers a 7-room layout with 3 bedrooms, office space, an open living area, kitchen, and 1 full bathroom, plus a skylight in the hallway. A full semi-finished basement includes a separate entrance, spacious open area, laundry room, boiler room, and a 3/4 bathroom.

Built in 1910, the home sits on a residential block near shopping, restaurants, schools, parks, and neighborhood conveniences. Public transportation includes the B35 bus line and nearby 2 and 5 subway lines, with major roadways such as Linden Boulevard, Church Avenue, and Flatbush Avenue providing connections throughout Brooklyn and into Manhattan. The property is also near Kings County Hospital and SUNY Downstate Hospital.

Key Highlights

  • Vacant two‑family attached limestone home in East Flatbush, Brooklyn
  • Approximately 2,048 SF interior space with original character and flexible layouts
  • First level: 6 rooms with 2 bedrooms, 1 full bath, and access to sunroom and patio

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $104.4k $51.00
− Vacancy −$2.0k −$0.97
EGI $102.5k $50.03
− OpEx −$30.7k −$15.01
NOI $71.7k $35.02
2,048 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$896.6K – $1.20M (±1% cap)
NOI $71,724 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$893.2K
$781.5K – $1.04M (±1% cap)
NOI $62,523 @ 7.0% cap · market cap 5.68%
Theoretical Best
Specialty Retail
$1.70M
$1.48M – $1.98M (±1% cap)
NOI $118,702 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

R&B Cleaning & Renovation ... Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Hotel & Motel Grocery & Convenience Store Nursing Home Coworking & Hybrid Office

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

5,876
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Attached two-family limestone delivered vacant, offering approx 2,048 SF with separate-entry semi-finished basement and flexible layouts.
Where is this duplex located?
The property is located at 900 Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Vacant two‑family attached limestone home in East Flatbush, Brooklyn; Approximately 2,048 SF interior space with original character and flexible layouts; First level: 6 rooms with 2 bedrooms, 1 full bath, and access to sunroom and patio
More about this property
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