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Brick Duplex with Finished Basement
For Sale
$949,999

918 E 32nd Street, Brooklyn, NY 11210

Residential, Duplex, Brooklyn, NY

Property Size1,400 SF
Lot Size0.05 Acres
Price / SF$678.57
Days on Market160

Property Features for 918 E 32nd Street

General Information

Property type Residential
Property subtype Duplex
Zoning R4
Bedrooms 3
Bathrooms 4
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 1
Patio and Porch features Deck, Porch
Interior features Central Air, Deck, Dishwasher, Laundry Area, Porch, Refrigerator, Stove, Terrace
Basement Full, Finished
Subdivision East Flatbush
Standard status Active
Size 1,400 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6264

Amenities

front porch
back porch
backyard
balcony
finished basement
playroom
full kitchen in basement
separate entrance

Building Details

Year built 1915
Floors in Building 2
Flooring type Ceramic, Tile, Hardwood
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: Brooklyn Residential R E Serv
Listed By: Kim Stavrach
Added: May 20 Changed: Oct 20 Last Checked: Oct 26 at 2:06PM
MLS# 501608

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.

Rey
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Investment Insights

Based on property information with market context.

This brick duplex property was built in 1915 and contains 1,400 square feet on a 2,000-square-foot lot measuring 20 by 100 feet. The residence includes three bedrooms, porch and deck areas, central air, a dishwasher, refrigerator, stove, and a laundry area. Hardwood, tile, and ceramic flooring are present throughout the home.

The finished basement adds an additional room, playroom, full kitchen, storage, and a separate entrance. A master suite includes an en-suite three-quarter bath and balcony. The property is zoned R4 with a stated FAR of .70/.75 and is located at 918 E 32nd Street in Brooklyn, NY 11210.

Key Highlights

  • 1,400‑square‑foot brick duplex built in 1915
  • 20‑by‑100‑foot lot totaling 2,000 square feet
  • Finished basement with additional room, playroom, full kitchen, and separate entrance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,030
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$980,600 $980.6K
Cap Rate 7%
$700,429 $700.4K
Cap Rate 9%
$544,778 $544.8K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$71.4K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$70.0K $50.03/SF
− OpEx
−$21.0K −$15.01/SF
NOI
$49.0K $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%
$980,600
Cap Rate 7%
$700,429
Cap Rate 9%
$544,778

Alternative Uses

Best Use
Multifamily LT 5
$700.4K
$612.9K – $817.2K (±1% cap)
NOI $49,030 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$610.6K
$534.3K – $712.4K (±1% cap)
NOI $42,741 @ 7.0% cap · market cap 4.50%
Theoretical Best
Specialty Retail
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,144 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,464
Businesses Nearby

Demographics for 11210, NY

62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Brick residential property with three bedrooms, finished lower-level space, separate entry, and outdoor areas.
Where is this duplex located?
The property is located at 918 E 32nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: 1,400‑square‑foot brick duplex built in 1915; 20‑by‑100‑foot lot totaling 2,000 square feet; Finished basement with additional room, playroom, full kitchen, and separate entrance
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