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Property profile & analytics
FOR SALE
Duplexes

1168 E 38Th St Brooklyn, NY 11210

Built 1925
Property ID
US63-0963973
Property summary
AI-generated overview

READ ME IN MY ENTIRETY- Opportunity for investors or end users seeking a 2-family property with upside in a convenient Flatlands/Brooklyn location. This property features a 3-bedroom-over-2-bedroom layout with a finished basement, interior vestibule/common hallway, and separate interior access points to the first-floor unit, second-floor unit, and basement. The basement provides access to the rear yard. The second-floor owner’s bedroom is to be delivered vacant; two additional second-floor bedrooms are currently not accessible due to non-cooperative occupants. The first-floor unit is also currently not accessible due to a non-cooperative tenant. Property is being sold strictly as-is and buyers must be willing to proceed with limited access for showings, inspections, and appraisal purposes. Layout may allow future owner-occupancy on either level while maintaining basement access, subject to tenancy status and buyer due diligence. Oil heat. Conveniently located near Flatbush Avenue, Avenue K, Kings Highway, Brooklyn College, Kings Plaza, Marine Park, local shopping, schools, restaurants, and multiple transportation options including nearby B41, B9, B82/B82-SBS bus service, plus access to the 2/5 trains at Flatbush Avenue-Brooklyn College and the B/Q trains at Kings Highway. SOLD AS IS WITH TENANTS PREVIOSLY MENTIONED - NO ACCESS TO THOSE AREAS MENTIONED FOR APPRAISALS OR SHOWINGS. bikeScore: 64, Bikeable walkScore: 80, Very Walkable transitScore: 79, Excellent Transit

Property profile
Verified
Property type Duplexes
Year built 1925
UPID US63-0963973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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