2055 Coleman Street Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
Property Features for 2055 Coleman Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3
- Parking features
- Garage, Garage - Attached
- Patio and Porch features
- Patio
- Interior features
- A/C Unit, Dryer, Patio Garden, Washer
- Basement
- Finished
- Standard status
- Active
- Size
- 1,920 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9770
Building Details
- Number of units
- 2
- Flooring type
- Hardwood, Tile, Ceramic
Listing agent Stephanie Dong Chin (718) 872-6300
Listing office New World Realty Group LLC 2074 E 14th St, Brooklyn, NY (718) 872-6300
Listing date Apr 6, 2026
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.
Key Highlights
- Two‑property package: 2055 & 2059 Coleman Street, including a well‑maintained detached 2‑family home plus adjoining lot(s)
- Total lot size 60x100 (40x100 lot plus adjoining 20x100 lot) with room for expansion
- 24x40 building with first‑floor 2‑bedroom layout featuring living room, dining room, EIK, and a modern bath with double vanity
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 | $97.9k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $96.1k | $50.03 |
| − OpEx | −$28.8k | −$15.01 |
| NOI | $67.2k | $35.02 |