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    Brooklyn Two-Family Home with Driveway Title is generated by Realmo AI

    1140 E 53rd Street, Brooklyn, NY 11234

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    Claim this Listing
    For Sale
    $999,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    1,996 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $500/SF
    Added:
    Mar 9, 2026
    Days on Market:
    108
    Last Refresh:
    Jun 24 at 6:06 pm

    Property Features for 1140 E 53rd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
    Patio and Porch features
    Porch, Deck
    Interior features
    Deck, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer
    Basement
    Finished
    Standard status
    Active
    Size
    1,996 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8239

    Building Details

    Year built
    1945
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Carpet, Hardwood
    Building materials
    Brick
    Roof type
    Shingle

    We can help!

    Contact an agent
    Tunde (Angel) Malka

    Listing agent Tunde (Angel) Malka

    Listing office Bergen Basin Realty LLC 5817 Avenue N, Brooklyn, NY

    Listing date Mar 9, 2026

    MLS# 499323 Listing URL

    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

    • 2‑family semidetached home with a private driveway
    • Spacious 3‑bedroom apartment over a 2‑bedroom apartment
    • Fully finished basement
    • Built in 1945 with brick construction
    • Includes deck and porch
    • Interior amenities include hardwood, carpet, and tile flooring plus dishwasher, microwave, and in‑home laundry

    Overview

    This semi-detached two-family residence in Brooklyn offers space and comfort. The property features a three-bedroom apartment over a two-bedroom apartment, along with a fully finished basement. Situated on a lot of 0.0631 acres, the building has a property size of 1996 square feet. The property is located on a quiet block and includes a private driveway. Zoned R4, the property is located in Kings County (Brooklyn), New York.

    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 $101.8k $51.00
    − Vacancy −$1.9k −$0.97
    EGI $99.9k $50.03
    − OpEx −$30.0k −$15.01
    NOI $69.9k $35.02
    1,996 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $998.6K
    $873.8K – $1.17M (±1% cap)
    NOI $69,903 @ 7.0% cap · market cap 7.00%
    Second Best
    Apartment 5plus
    $870.5K
    $761.7K – $1.02M (±1% cap)
    NOI $60,936 @ 7.0% cap · market cap 6.10%
    Theoretical Best
    Specialty Retail
    $1.65M
    $1.45M – $1.93M (±1% cap)
    NOI $115,688 @ 7.0% cap · market cap 11.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.925587
    Latitude
    40.631287

    FAQs

    What type of property is this?
    Duplex - Two-family home in Brooklyn with a private driveway.
    Where is this duplex located?
    The property is located at 1140 E 53rd Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: 2‑family semidetached home with a private driveway; Spacious 3‑bedroom apartment over a 2‑bedroom apartment; Fully finished basement
    More about this property
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