Brooklyn Two-Family Brick
For Sale
$825,000
Pending
93 Kenilworth Place, Brooklyn, NY 11210
Two-family brick home near Brooklyn College, sold as-is.
Property Size2,015 SF
Days on Market816
Property Features for 93 Kenilworth Place
General Information
Standard status
Pending
Size
2,015 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$8,099
Building Details
Year Built
1915
Listing Agency:
Home Express Realty LLC.
Listed By:
Longin Konarski
(917) 975-1569
Source:
Exitrealty
Added: Aug 5, 2024
Changed: Oct 25
Last Checked: Sep 15 at 5:18AM
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 Home Express Realty LLC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a two-family brick home featuring a finished basement and a driveway. The property is located close to Brooklyn College. It is being sold in "as is" condition, and is vacant on title. This property requires work and is offered as a cash deal.
Key Highlights
- Two‑family brick construction offers classic charm.
- Finished basement provides additional living space.
- Driveway included, a valuable amenity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,569
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,411,380
$1.4M
Cap Rate 7%
$1,008,129
$1.0M
Cap Rate 9%
$784,100
$784.1K
Market Conditions
NOI Build-Up for 2,015 SF
Gross rent
$102.8K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$100.8K $50.03/SF
− OpEx
−$30.2K −$15.01/SF
NOI
$70.6K $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%
$1,411,380
Cap Rate 7%
$1,008,129
Cap Rate 9%
$784,100
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$882.1K – $1.18M
NOI $70,569 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$878.8K
$769.0K – $1.03M
NOI $61,516 @ 7.0% cap · market cap 7.46%
Theoretical Best
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $116,789 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
3,744
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family brick home near Brooklyn College, sold as-is.
Where is this duplex located?
The property is located at 93 Kenilworth Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑family brick construction offers classic charm.; Finished basement provides additional living space.; Driveway included, a valuable amenity.
