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    Brooklyn Two-Family Limestone Home Title is generated by Realmo AI

    900 Brooklyn Avenue, Brooklyn, NY 11203

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    Claim this Listing
    New
    For Sale
    $1,200,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,000 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $600/SF
    Added:
    May 19, 2026
    Days on Market:
    4
    Last Refresh:
    May 22 at 4:06 am

    Property Features for 900 Brooklyn Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R5
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2
    Patio and Porch features
    Patio
    Interior features
    Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Refrigerator, Stove, Washer
    Basement
    Full, Finished
    Standard status
    Active
    Size
    2,000 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2931

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Parquet Wood, Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat, Asphalt

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    Listing Contact
    Arlene Waye
    Arlene Waye

    Listing agent Arlene Waye License #10491211892

    Listing office Century 21 Awaye Realty 526 Court St, Brooklyn, NY

    Listing date May 19, 2026

    MLS# 501568 Listing URL

    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.

    HighLights

    • Two‑family limestone home offering investment or customization potential.
    • Spacious interior with approximately 2,048 square feet and flexible layouts.
    • Convenient location near shopping, restaurants, schools, hospitals, and public transportation (B35 bus, 2/5 subway lines).
    • First level: 6 rooms, sunroom, and outdoor patio.
    • Second level: 7 rooms, including 3 bedrooms and office space, with a skylight.
    • Semi‑finished basement with separate entrance, laundry room, and 3/4 bathroom.

    Overview

    Located in the heart of East Flatbush, Brooklyn, 900 Brooklyn Avenue is a two-family attached limestone home offering approximately 2,048 square feet of interior space. This property, delivered vacant, presents an opportunity for investors, contractors, or buyers seeking to customize a home. The building features original character, generous room sizes, and flexible living layouts. The first level offers 6 rooms, including a large living room, formal dining room, 2 bedrooms, 1 full bathroom, a storage area, and a windowed kitchen with access to a sunroom and outdoor patio. The second level features a 7-room layout with 3 bedrooms, office space, an open living area, a kitchen, and 1 full bathroom. A skylight in the hallway adds natural light to the upper level. The semi-finished basement includes a separate entrance, open area, laundry room, boiler room, and a 3/4 bathroom, offering additional storage or recreation space. The property is conveniently located near shopping, restaurants, schools, parks, Kings County Hospital, SUNY Downstate Hospital, and public transportation, including the B35 bus and the 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 lot size is 0.0459 acres. The property is zoned R5. This property is intended for use as a residence or investment property.

    Financial Insights

    Value Estimation Calculated for Multifamily LT 5

    Conservative
    $778.3K
    NOI $70,043 @ 9.00% cap · cautious / downside scenario
    Moderate
    $1.00M
    NOI $70,043 @ 7.00% cap · market / base-case scenario
    Aggressive
    $1.40M
    NOI $70,043 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
    Calculated for Multifamily LT 5

    Component $ $/SF
    Gross rent $102.0k $51.00
    − Vacancy −$1.9k −$0.97
    EGI $100.1k $50.03
    − OpEx −$30.0k −$15.01
    NOI $70.0k $35.02
    2,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Multifamily LT 5
    $1.00M
    $875.5K – $1.17M (±1% cap)
    NOI $70,043 @ 7.0% cap · market cap 5.84%
    Second Best
    Apartment 5plus
    $872.3K
    $763.2K – $1.02M (±1% cap)
    NOI $61,058 @ 7.0% cap · market cap 5.09%
    Theoretical Best
    Specialty Retail
    $1.66M
    $1.45M – $1.93M (±1% cap)
    NOI $115,920 @ 7.0% cap · market cap 9.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.944198
    Latitude
    40.651839

    FAQs

    What type of property is this?
    Duplex - Spacious two-family home in East Flatbush with customization potential.
    Where is this duplex located?
    The property is located at 900 Brooklyn Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Two‑family limestone home offering investment or customization potential.; Spacious interior with approximately 2,048 square feet and flexible layouts.; Convenient location near shopping, restaurants, schools, hospitals, and public transportation (B35 bus, 2/5 subway lines).
    More about this property
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