East Flatbush Two-Family Limestone
902 Brooklyn Avenue Brooklyn, NY 11203
902 Brooklyn Avenue, Brooklyn, NY, 11203
$1,050,000
For Sale
$1,050,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,228 SF
Lot Size0.05 Acres
Price / SF$471.27
Days on Market358
Property Features for 902 Brooklyn Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 3
- Patio and Porch features
- Patio
- Interior features
- A/C Unit - Window, Laundry Area, Patio Garden, Refrigerator, Stove, Window Treatments
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,228 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6797
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Block, Brick
- Roof type
- Rubber
Listing agency
Century 21 Achievers
(718) 758-0600
Listed by
Andre Hanniford
(718) 758-0600
Added: Jul 30, 2025 Updated: Jul 11 at 6:35PM Checked: Jul 22 at 6:06AM
MLS# 494581
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 is a two-family limestone home located in East Flatbush. The fully attached property features a three-bedroom, one-bath unit over a two-bedroom, one-bath unit. The home also includes a full basement with a full bathroom and a private entrance. The property is located close to the B35 bus, the 2 and 5 trains, shops, supermarkets, Kings County Hospital, and Downstate Hospital. The lot size is 0.0459 acres. The property size is 2228 square feet. The zoning is R5.
Key Highlights
- Fully attached 2‑family limestone home with a 3‑bedroom/1‑bath unit over a 2‑bedroom/1‑bath unit
- Full basement with a full bathroom and its own private entrance
- Interior features include window A/C unit, laundry area, patio, and window treatments
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 | $113.6k | $51.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $111.5k | $50.03 |
| − OpEx | −$33.4k | −$15.01 |
| NOI | $78.0k | $35.02 |
2,228 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$975.4K – $1.30M
NOI $78,028 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$971.7K
$850.2K – $1.13M
NOI $68,019 @ 7.0% cap · market cap 6.48%
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $129,135 @ 7.0% cap · market cap 12.30%
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 - Two-family home in East Flatbush near transportation and amenities.
Where is this duplex located?
The property is located at 902 Brooklyn Avenue 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: Fully attached 2‑family limestone home with a 3‑bedroom/1‑bath unit over a 2‑bedroom/1‑bath unit; Full basement with a full bathroom and its own private entrance; Interior features include window A/C unit, laundry area, patio, and window treatments
