Detached Duplex With Finished
For Sale
$948,000
1920 E 52nd Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size1,950 SF
Lot Size0.07 Acres
Price / SF$486.15
Days on Market351
Property Features for 1920 E 52nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Old Mill Basin
Standard status
Active
Size
1,950 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
7168
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Listing Agency:
Winzone Realty Inc
Listed By:
Bin Hu Zhan
(718) 676-6611
Added: Sep 23, 2025
Changed: Sep 5
Last Checked: Sep 8 at 12:06PM
MLS# 496034
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 detached duplex contains two dwelling units within a 1,950-square-foot property. The first level measures 20x56 and provides a living room, dining room, kitchen, two bedrooms, a full bathroom, and a sunroom. The second level measures 20x41 and includes its own living room, dining room, kitchen, two bedrooms, and full bathroom. A finished basement adds two recreation rooms, a bathroom, and two separate entrances. Refrigerator and stove are included, and the property was built in 1925.
The 29x100 lot includes a wide private driveway and backyard parking for 3+ cars. The property is near Kings Plaza shopping center, Marine Park, B2, B3, B9, B41, and B46 bus service, with PS207 and JHS 278 in the school district. R5 zoning applies.
The 29x100 lot includes a wide private driveway and backyard parking for 3+ cars. The property is near Kings Plaza shopping center, Marine Park, B2, B3, B9, B41, and B46 bus service, with PS207 and JHS 278 in the school district. R5 zoning applies.
Key Highlights
- Two dwelling units, each with a living room, kitchen, two bedrooms, and full bathroom
- Finished basement with two recreation rooms, a bathroom, and two separate entrances
- First level measures 20x56; second level measures 20x41
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,292
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,365,840
$1.4M
Cap Rate 7%
$975,600
$975.6K
Cap Rate 9%
$758,800
$758.8K
Market Conditions
NOI Build-Up for 1,950 SF
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.
Gross rent
$99.5K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$97.6K $50.03/SF
− OpEx
−$29.3K −$15.01/SF
NOI
$68.3K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,365,840
Cap Rate 7%
$975,600
Cap Rate 9%
$758,800
Alternative Uses
Best Use
Multifamily LT 5
$975.6K
$853.7K – $1.14M
NOI $68,292 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$850.4K
$744.1K – $992.2K
NOI $59,531 @ 7.0% cap · market cap 6.28%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $113,022 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,447
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two dwelling units offer separate kitchens, bedrooms, and full bathrooms, plus private outdoor and parking areas.
Where is this duplex located?
The property is located at 1920 E 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: Two dwelling units, each with a living room, kitchen, two bedrooms, and full bathroom; Finished basement with two recreation rooms, a bathroom, and two separate entrances; First level measures 20x56; second level measures 20x41
