1051 Herkimer Street, Brooklyn, NY 11233
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 22, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 21 at 12:06 pm
Property Features for 1051 Herkimer Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 1,575 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2107
Building Details
- Year built
- 1899
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Linoleum, Hardwood, Laminate
- Building materials
- Brick
- Roof type
- Flat
Listing agent Gamal Hasan (718) 768-4500
Listing office Bellmarc 715 5th Avenue, Brooklyn, NY (718) 768-4500
Listing date Apr 22, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑family brick townhouse with 3 stories and YearBuilt 1899
- Approx. 15.33' x 100' lot with building footprint about 15.33' x 35'
- Lower garden duplex: five rooms, 2 bedrooms, 1 bathroom, eat‑in kitchen, and direct access to rear garden
- Upper unit: separate 4‑room apartment with 2 bedrooms and 1 bathroom
- Full unfinished cellar for storage or potential future development (subject to approvals)
- Expansive rear garden; property requires renovation and TLC throughout
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.3k | $51.00 |
| − Vacancy | −$1.5k | −$0.97 |
| EGI | $78.8k | $50.03 |
| − OpEx | −$23.6k | −$15.01 |
| NOI | $55.2k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.918502
- Latitude
- 40.678177
