1941 E 29th Street Brooklyn, NY 11229
MULTI_FAMILY - Brooklyn, NY
- Added:
- Dec 17, 2025
- Days on Market:
- 209
- Last Refresh:
- Jul 14 at 2:06 am
Property Features for 1941 E 29th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Parking features
- Garage - Detached
- Standard status
- Active
- Size
- 1,785 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7749
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Flat
Listing agent Ken Macbride (718) 368-2500
Listing office BHHS Fillmore R.E. 4717 Avenue N, Brooklyn, NY (718) 377-6161
Listing date Dec 17, 2025
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 property is located at 1941 E 29th Street in Brooklyn, NY 11229, within a neighborhood setting identified as Madison in the listing remarks. Zoning is designated as R4.
Because the property is being sold as-is with occupants in place, tours are limited to external viewing only and occupants should not be disturbed. This setup may be a practical fit for buyers or investors seeking a straightforward, occupied two-family purchase with established in-place residence and clear property mechanics tied to the shared driveway and rear garage configuration.
Key Highlights
- Brick two‑family attached property built in 1930
- Approx. 1,785 sq. ft. total living area
- Community driveway with one‑car detached garage at the rear
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 | $91.0k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $89.3k | $50.03 |
| − OpEx | −$26.8k | −$15.01 |
| NOI | $62.5k | $35.02 |
