Residential Income Loft
For Sale
$649,900
96 Woodpoint Road 2-C, Brooklyn, NY 11211
Two-level condominium loft with a mezzanine sleeping area, two full bathrooms, and an in-unit washer and dryer.
Property Size619 SF
Price / SF$1,049
Days on Market196
Property Features for 96 Woodpoint Road 2-C
General Information
Standard status
Active
Size
619 SF
Property subtype
Apartment
Units
Unit Mix
1 x studio loft
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$9,864
Amenities
in-unit washer/dryer
forest-inspired lobby
Building Details
Building Size
619 SF
Year Built
2006
Listing Agency:
Nest Seekers LLC
Listed By:
Katarzyna Zajder
(347) 724-0035
Source:
Nobleblackandpartners
Added: Apr 16
Changed: Oct 27
Last Checked: Oct 26 at 10:14PM
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 Nest Seekers LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-level studio loft combines an open living arrangement with a raised sleeping mezzanine sized for a queen bed. Ceilings extend up to 17 feet, while oversized windows bring substantial natural light into the residence. The kitchen is finished with brushed oak cabinetry, quartz countertops, stainless-steel appliances, and breakfast-bar seating. Two full bathrooms and an in-unit washer and dryer add everyday functionality.
Located at 96 Woodpoint Road in Brooklyn, the condominium is near the L and G trains, parks, neighborhood cafés, restaurants, and shops. Completed in 2006, the building includes a forest-inspired lobby designed by Durukan Design.
Located at 96 Woodpoint Road in Brooklyn, the condominium is near the L and G trains, parks, neighborhood cafés, restaurants, and shops. Completed in 2006, the building includes a forest-inspired lobby designed by Durukan Design.
Key Highlights
- Two‑level studio loft with a queen‑bed sleeping mezzanine
- Ceilings reaching up to 17 feet and oversized windows
- Open kitchen with brushed oak cabinets and quartz countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,897
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,940
$377.9K
Cap Rate 7%
$269,957
$270.0K
Cap Rate 9%
$209,967
$210.0K
Market Conditions
NOI Build-Up for 619 SF
Gross rent
$35.1K $56.64/SF
− Vacancy
−$701 −$1.13/SF
EGI
$34.4K $55.51/SF
− OpEx
−$15.5K −$24.98/SF
NOI
$18.9K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,940
Cap Rate 7%
$269,957
Cap Rate 9%
$209,967
Alternative Uses
Best Use
Apartment 5plus
$270.0K
$236.2K – $315.0K
NOI $18,897 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$512.5K
$448.5K – $598.0K
NOI $35,877 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,889
Businesses Nearby
Explore this area
Business Placement
Demographics for 11211, NY
68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two-level condominium loft with a mezzanine sleeping area, two full bathrooms, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 96 Woodpoint Road 2-C Brooklyn, NY.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two‑level studio loft with a queen‑bed sleeping mezzanine; Ceilings reaching up to 17 feet and oversized windows; Open kitchen with brushed oak cabinets and quartz countertops
