Single-Family Home with Private
1721 E 54th Street Brooklyn, NY 11234
1721 E 54th Street, Brooklyn, NY, 11234
$599,000
For Sale
$599,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,296 SF
Lot Size0.04 Acres
Price / SF$462.19
Days on Market176
Property Features for 1721 E 54th Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R5
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
- Interior features
- A/C Unit - Window, Dishwasher, Refrigerator
- Basement
- Full
- Standard status
- Active
- Size
- 1,296 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5605
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Douglas Elliman Real Estate
(718) 631-8900
Listed by
Helena R. Veloso · License #30VE0528206
(718) 631-8900
Added: Jan 26 Updated: Jul 19 at 5:03AM Checked: Jul 21 at 7:06PM
MLS# 498617
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.
Investment Insights
Based on property information with market context.
This single-family home offers a spacious 3-bedroom, 2.5-bath layout and a full basement with additional living space. The basement includes a full bathroom, kitchenette, and a separate outside entrance, creating flexible options for how the space can be used. The property is being sold AS-IS and is noted as requiring TLC.
Located mid-block in Mill Basin, the home provides convenient access to nearby shopping, restaurants, parks, schools, and transportation.
Zoned R5, the residence also features a private driveway and parking for added everyday convenience. At the time of sale, the configuration and condition make this property best suited for buyers looking to personalize and update the home to their preferences.
Located mid-block in Mill Basin, the home provides convenient access to nearby shopping, restaurants, parks, schools, and transportation.
Zoned R5, the residence also features a private driveway and parking for added everyday convenience. At the time of sale, the configuration and condition make this property best suited for buyers looking to personalize and update the home to their preferences.
Key Highlights
- 3‑bedroom, 2.5‑bath home with brick construction and hardwood flooring
- Full basement includes additional living space, a full bathroom, kitchenette, and a separate outside entrance
- Private driveway and parking included
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 | $66.1k | $51.00 |
| − Vacancy | −$1.3k | −$0.97 |
| EGI | $64.8k | $50.03 |
| − OpEx | −$19.5k | −$15.01 |
| NOI | $45.4k | $35.02 |
1,296 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$648.4K
$567.4K – $756.5K
NOI $45,388 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$565.2K
$494.6K – $659.4K
NOI $39,566 @ 7.0% cap · market cap 6.61%
Theoretical Best
Specialty Retail
$1.07M
$939.0K – $1.25M
NOI $75,116 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - 3-bedroom, 2.5-bath home with a full basement, private driveway, and AS-IS sale requiring TLC.
Where is this duplex located?
The property is located at 1721 E 54th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 3‑bedroom, 2.5‑bath home with brick construction and hardwood flooring; Full basement includes additional living space, a full bathroom, kitchenette, and a separate outside entrance; Private driveway and parking included
