193 29th Street, Brooklyn, NY 11232
MULTI_FAMILY - Brooklyn, NY
Property Features for 193 29th Street
General Information
Taxes and HOA fees
Building Details
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.
The garden-level two-bedroom rental unit mirrors the home’s refined finishes and includes a washer/dryer hookup. Separate heating and HVAC systems allow each unit to control and pay for its own utilities. A rare feature is full roof access, offering sweeping views of NYC and the Brooklyn waterfront, with potential for a future deck, garden, or outdoor lounge.
Set on a 0.0409-acre lot with 2,233 SF of interior space, the property was built in 1905 and has a flat rubber roof. It’s located minutes from Industry City and the 3rd, 4th, and 5th Avenue corridors, with nearby green space including Greenwood Cemetery and Prospect Park. PS 172 is also just minutes away, and commuting is supported by the R, D, N, W trains and B63/B37 buses.
Key Highlights
- R6B zoned, fully renovated three‑story two‑family brick townhouse with 2,233 SF on a 0.0409‑acre lot
- Upper duplex with 10‑foot ceilings, chef’s kitchen with island seating, and a primary suite with walk‑in closet and double vanity bath
- Large sliding door to a metal deck overlooking a spacious garden, plus patio and deck space
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 | $113.9k | $51.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $111.7k | $50.03 |
| − OpEx | −$33.5k | −$15.01 |
| NOI | $78.2k | $35.02 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 11232, NY
Market
Vacancy Rate% for Multifamily in Northeast region