36 Euclid Ave · New York, NY 11208

$1,100,000

12 bd · 6.0 ba · 4,740 sqft · MultiFamily public records · 110 Days on market

Built 1925 3,713 sqft lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +28.5/30.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• ARV discount +7.5/15.0
• Schools +5.0/10.0
• Rent growth +4.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 4 units. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

Key facts

• 3,713 sq ft lot
• 4 parking spots
• Built 1925

Tags

• DURABLE MASONRY CONSTRUCTION
• PROXIMITY TO LOCAL SHOPPING
• ON-SITE PARKING SPACES
• SUPPLEMENTAL STORAGE CAPACITY

Property features AI

Finance

• Other: Property type: Residential; Total of 6 rental units (all currently leased); Current rents by unit (as reported): $1,537; $1,452; $1,268; $1,941; $1,636; $1,747
• Financial info: Financing options may include bank mortgage, cash, or exchange considered; Estimated monthly utility expense listed

Exterior

• Parking: Shared drive; 4 parking spaces
• Utilities: Electric: 220V; Hot water: Oil; Heating fuel: Oil
• Home design: Semi-detached residential building; Building dimensions approximately 80.00 x 20.00; Zoning: R5
• Construction: Brick and masonry construction with brick face; Asphalt/tar roof; Block foundation; Building footprint approximately 1,600 sq ft
• Exterior features: Back yard

Interior

• Kitchen: Refrigerator; Stove
• Bedrooms: Total of 6 units: one 1-bedroom unit and five 2-bedroom units (unit levels vary)
• Flooring: Hardwood floors; Tile floors
• Bathrooms: Six full bathrooms across the building
• Heating & cooling: Steam/radiator heating; No AC units listed
• Interior features: Refrigerator; Stove
• Laundry & utility: Basement with separate entrance, walk-in and unfinished space (potential for utilities or storage)

What this means for you Summary

Snapshot

• This is a 4 × 3-bed/1.5-bath units multifamily listed at $1.10M.

Deal economics

• At list price, monthly cash flow is $4k ($43k/yr) — positive. Per door: $899/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($15k rent vs $1.10M).
• Recommended offer: $1.00M (9.0% below list) — sets the bar for market timing.
• Cap rate 10.2% vs local median 2.6% in New York — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Market conditions: Rents rising fast (+6.1%/yr); 192 active listings in the ZIP; 10,063 units permitted in Kings County in 2024 (9,789 in 5+ unit buildings).
• At $14,564/mo this rent would consume 282% of the median local household income ($62k/yr) (locally 7574% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $8k of loan paydown is wiped out by about $33k of value loss. Plan a longer hold.
• Kings County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 6.1% rent growth), your $308k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 110 days — a 9% lower offer ($1.00M) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 39% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,001,000 (9.0% below list)

Questions for the listing agent

1. It's been on market 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.32% ✓
• Cap rate: 10.22%
• Cash-on-cash: 14.01%
• DSCR: 1.62
• GRM: 6.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.14% rent growth · sell at horizon

5-year hold

• IRR: 7.9%
• Equity multiple: 1.32×
• Total profit: $98,643
• Equity at exit: $164,014

10-year hold

• IRR: 19.8%
• Equity multiple: 2.92×
• Total profit: $590,193
• Equity at exit: $95,108

Cash invested: $308,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 11208

• Rents YoY: 6.1%
• Active inventory: 192
• Price-to-rent: 25.2×

Monthly cashflow live

• Estimated rent: $14,564 high
• Mortgage (P&I): −$5,769
• Tax from tax record: −$1,683 /mo · $20,194/yr
• Insurance: −$458
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,058
• Net cashflow: $3,596

Break-even live

Break-even rent $10,012

Max offer price $1,100,000

Occupancy floor 70%

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 4× units	3	1.5	$14,564
Total (4 units)			$14,564

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $275,000
• Closing costs: $33,000
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $1,100,000 Active 110 DOM
2. 2026-06-17
   days on market $1,100,000 Active 109 DOM
3. 2026-06-15
   days on market $1,100,000 Active 107 DOM
4. 2026-06-13
   days on market $1,100,000 Active 105 DOM
5. 2026-06-10
   days on market $1,100,000 Active 101 DOM
6. 2026-06-08
   days on market $1,100,000 Active 100 DOM
7. 2026-06-08
   days on market $1,100,000 Active 99 DOM
8. 2026-06-04
   days on market $1,100,000 Active 96 DOM
9. 2026-06-03
   days on market $1,100,000 Active 95 DOM
10. 2026-06-01
    days on market $1,100,000 Active 93 DOM
11. 2026-05-31
    days on market $1,100,000 Active 92 DOM
12. 2026-02-27
    listed $1,100,000 Active
13. 2021-09-07
    soldstatus $1,100,000 Closed 154-char remark

    Show marketing remark (154 chars)

    Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

14. 2021-09-01
    status Pending 154-char remark

    Show marketing remark (154 chars)

    Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

15. 2021-07-01
    status Active 154-char remark

    Show marketing remark (154 chars)

    Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

16. 2021-06-23
    historical 154-char remark

    Show marketing remark (154 chars)

    Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

17. 2020-08-10
    price $1,199,000 154-char remark

    Show marketing remark (154 chars)

    Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

18. 2020-01-25
    price $1,299,000 154-char remark

    Show marketing remark (154 chars)

    Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

19. 2019-12-05
    listed $1,199,000 New 154-char remark

    Show marketing remark (154 chars)

    Fantastic investment opportunity!!!!!!!!!!!!!! Well maintained 6 family in very desired area. Convenient to shopping, transportation and major highways!!!

20. 2004-09-15
    soldstatus $480,000
21. 2004-02-14
    listed $519,000 238-char remark

    Show marketing remark (238 chars)

    LARGE 6 FAMILY, BRICK SEMI-DETACHED. 6 WELL MAINTAINED 2 BEDROOM APARTMENTS. SHARED DRIVEWAY, UPGRADED ELECTRICAL, BOILER, 2 YEARS OLD. READY TO BE SHOWN 1ST WEEK IN MARCH. CALL LISTING AGENT ONLY. DO NOT CALL OWNER!! OR BOTHER TENANT!!!!

22. 2002-08-15
    soldstatus $116,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $20,194 · $1,683/mo
• Projected year-2 tax: $20,194 · $1,683/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 39% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $174,768
• − Mortgage interest: −$61,617
• − Property taxes: −$20,194
• − Insurance: −$5,500
• − Repairs & maintenance: −$13,981
• − Management: −$13,981
• − Depreciation: −$32,000
• Taxable income: $27,494
• Est. tax owed @ 24.0%: −$6,599
• After-tax cash flow: $36,552/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Kings County · 2,614,986 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 105,428
• Household income: $62,077
• Rent vs Own: 75.1% rent · 24.9% own
• Severe rent burden: 7574.0

Population outlook (Kings County) Hauer SSP2

• Today (2025): 2,847,441 people
• By 2030: 2,937,006 · +3.1%
• By 2040: 3,095,491 · +8.7%
• By 2050: 3,228,968 · +13.4%
• By 2075: 3,321,723 · +16.7%
• By 2100: 3,111,387 · +9.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: Black 42% Hispanic / Latino 39% Asian 10% Two or more races 8% White 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 9% Dominican 16%
• Common ancestry: Hispanic 1%
• Foreign-born: 40% · Canada, China, Mexico
• Languages at home: 48% English-only · Spanish 36% Other Indo-European 11% French/Haitian/Cajun 1%

Political lean MEDSL · Kings

• 2024 margin: Solid D (+44.0) · D 72.0% · R 28.0%
• 2008→2024 swing: -15.5pp toward R · 2008: 59.4pp · 2024: 44.0pp
• All cycles: 2024: D+44.0 2020: D+54.8 2016: D+61.8 2012: D+63.9 2008: D+59.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -546.38%
• Current HPI: 376.1489
• Rent YoY: ▲ 6.14%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+844.2% since first listed

11 events — show timeline

• 2026-02-27 Listed $1,100,000 BNYMLS
• 2021-09-07 Sold (MLS) $1,100,000 OneKey® MLS as Distributed by MLS Grid
• 2021-09-01 Pending — OneKey® MLS as Distributed by MLS Grid
• 2021-07-01 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2021-06-23 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2020-08-10 Price Changed $1,199,000 OneKey® MLS as Distributed by MLS Grid
• 2020-01-25 Price Changed $1,299,000 OneKey® MLS as Distributed by MLS Grid
• 2019-12-05 Listed $1,199,000 OneKey® MLS as Distributed by MLS Grid
• 2004-09-15 Sold (Public Records) $480,000 Public Records
• 2004-02-14 Listed $519,000 BNYMLS
• 2002-08-15 Sold (Public Records) $116,500 Public Records

Property tax history

+5.3%/yr

Latest (2025): $20,194 · +4.2% YoY. Source: county tax records.