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88 Schenectady Ave

Crown Heights · brooklyn · built 1931 · BBL 3023110045

63
HIVE
List price
$1.88M
Beds / Baths
6bd / 4ba
Size
3400 sqft
Price/sqft
$553
Days on market
58d
Price cuts
2
Source
streeteasy
Listed
2/12/2026

Why this score

Bottleneck pillar: Momentum. Click any pillar to drill in.

Top contributors

Commentary

  • +88Cap rate. Cap rate is in the top decile of the cohort.
  • +72Price vs fair value. Price vs fair value is strong vs the cohort (72th pct).
  • +86Cash-on-cash. Cash-on-cash is in the top decile of the cohort.
  • 50Air quality (PM2.5). Air quality (pm2.5) is around average (50th pct).
  • 50Sunlight exposure. Sunlight exposure is around average (50th pct).
  • 50Green proximity. Green proximity is around average (50th pct).

Offer Advisor

Aggressive
$1.68M
-10.5%
Recommended
$1.73M
-8.0%
Safe
$1.76M
-6.5%
Mid offer is -8.0% vs list ($1.88M) · medium confidence
3 comps · 58d on market · 2 prior cuts · momentum-pillar bottleneck
Negotiation angles
  • Cite Air quality (PM2.5) (50th pct) as a credit/repair ask.
  • Cite Sunlight exposure (50th pct) as a credit/repair ask.
  • Cite Green proximity (50th pct) as a credit/repair ask.
  • Two+ cuts already — seller is anchored low. Open near asking minus 5%.

Comp set (3)

Median price
$1.45M
Median $/sqft
$805
Spread
76%
SimPropertyPriceBd/Ba$/sqftDOMReasons
4088 Lefferts Pl
Clinton Hill · 1.5mi
$2.50M5/3$8058d
same boroughsimilar size
35772 Coney Island Ave
Kensington · 2.7mi
$1.45M5/3$60445d
same boroughsame era
20522 5th Ave #2
Park Slope · 2.5mi
$1.40M2/2$132911d
same borough

Broker-speak translator

1 caution phrase worth noting. 5 factual claims extracted.

Red flags
  • "investor opportunity"will not show well to a primary buyer
Verifiable facts
  • 880 sq ftSquare footage
  • 2 bedroomBedrooms
  • 1.5 bathroomsBathrooms
  • $3,400/monthMonthly carrying cost
  • Built in 1910Year built
Marketing language
gorgeousone-of-a-kind

Verdict: Mixed picture — pillar drilldown explains the math.

Financial Lab — scenario builder

Monthly payment
$10,219
Cap rate
4.62%
Cash-on-cash
0.3%
Break-even rent
$13,285
Saved scenarios appear in Portfolio and cross the habitat:scenario bridge to Finance.

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