East Flatbush Two-Family Limestone
900 Brooklyn Ave Brooklyn, NY 11203
900 Brooklyn Ave, Brooklyn, NY, 11203
$1,100,000
For Sale
$1,100,000
Spacious 2-family home in East Flatbush with customization potential.
Property Size2,048 SF
Price / SF$537.11
Days on Market62
Property Features for 900 Brooklyn Ave
General Information
- Standard status
- Active
- Size
- 2,048 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing Agency
Awaye Realty Management LLC
(718) 488-0800
Listed by
Arlene T Waye · License #10491211892
(718) 488-0800
Source
Elliman
Added: May 20 Updated: Jul 10 at 1:33 pm Checked: Jul 19 at 6:20 am
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 Awaye Realty Management LLC
Investment Insights
Based on property information with market context.
Located in the heart of East Flatbush, Brooklyn, 900 Brooklyn Avenue is a spacious 2-family attached limestone home. This property, featuring approximately 2,048 square feet of interior space, will be delivered vacant. It offers an opportunity for investors, contractors, or buyers looking to customize a home. The property features original character, generous room sizes, and flexible living layouts. Both units feature spacious layouts with abundant natural light. The first level offers 6 rooms including a large living room, formal dining room, 2 bedrooms, 1 full bathroom, storage area, and a windowed kitchen with access to a bright sunroom and cozy outdoor patio area. The second level features a 7-room layout with 3 bedrooms, office space, open living area, kitchen, and 1 full bathroom. A skylight in the hallway adds warmth and natural light to the upper level. The full semi-finished basement includes a separate entrance, spacious open area, laundry room, boiler room, and a 3/4 bathroom. The property is conveniently located near shopping, restaurants, schools, parks, Kings County Hospital, SUNY Downstate Hospital, and public transportation including the B35 bus and nearby 2 and 5 subway lines. Easy access to Linden Boulevard, Church Avenue, and Flatbush Avenue allows for convenient travel throughout Brooklyn and into Manhattan. The location has a walk score of 95, a bike score of 83, and a transit score of 100.
Key Highlights
- Delivered Vacant: Ideal for immediate renovation, customization, or rental income generation.
- Excellent Transit Score (100): Rider's Paradise, with convenient access to public transportation.
- Two‑Family Limestone: Classic Brooklyn architecture with potential for multi‑generational living or rental income.
Local 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
NOI $71,724 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$893.2K
$781.5K – $1.04M
NOI $62,523 @ 7.0% cap · market cap 5.68%
Theoretical Best
Specialty Retail
$1.70M
$1.48M – $1.98M
NOI $118,702 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious 2-family home in East Flatbush with customization potential.
Where is this duplex located?
The property is located at 900 Brooklyn Ave 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: Delivered Vacant: Ideal for immediate renovation, customization, or rental income generation.; Excellent Transit Score (100): Rider's Paradise, with convenient access to public transportation.; Two‑Family Limestone: Classic Brooklyn architecture with potential for multi‑generational living or rental income.
