Fully Renovated
For Sale
$1,340,000
2075 E 54th Street, Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
Property Size2,536 SF
Lot Size0.05 Acres
Price / SF$528.39
Days on Market174
Property Features for 2075 E 54th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
8
Full bathrooms
3
Half bathrooms
5
Rooms
Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 8, Bathroom 2, Bedroom 3, Bathroom 6, Bedroom 5, Bathroom 7, Bathroom 5, Bathroom 1, Bathroom 3, Bedroom 2
Parking features
Offsite
Interior features
A/C Unit - Window, Dishwasher, Microwave, Refrigerator, Stove
Subdivision
Old Mill Basin
Standard status
Active
Size
2,536 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8300
Building Details
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Shingle
Listing Agency:
Exclusive Properties Realty In
(718) 916-4618
Listed By:
Juda Niayzov
(718) 916-4618
Added: Mar 11
Changed: Aug 4
Last Checked: Aug 31 at 12:06PM
MLS# 499538
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.
Fully renovated duplex at 2075 E 54th Street, Brooklyn, offering two distinct apartment layouts plus flexible additional space. The third-floor apartment features three bedrooms and one-and-a-half baths. The second-floor apartment offers two bedrooms and one bath. The first floor provides additional space for recreation or a home office.
The property totals 2,536 square feet on a 0.0452-acre lot. Built with brick construction and topped with a shingle roof, the home includes hardwood and tile flooring. Interior comforts include a window A/C unit, and the kitchen appliances list includes a dishwasher, microwave, refrigerator, and stove.
Parking is offsite, and the layout is designed for day-to-day livability with multiple bedroom and bath rooms throughout the building.
The property totals 2,536 square feet on a 0.0452-acre lot. Built with brick construction and topped with a shingle roof, the home includes hardwood and tile flooring. Interior comforts include a window A/C unit, and the kitchen appliances list includes a dishwasher, microwave, refrigerator, and stove.
Parking is offsite, and the layout is designed for day-to-day livability with multiple bedroom and bath rooms throughout the building.
Key Highlights
- 0.0452‑acre lot and 2,536 SF duplex at 2075 E 54th Street, Brooklyn
- Third‑floor unit: three bedrooms and one‑and‑a‑half baths
- Second‑floor unit: two bedrooms and one bath
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
$88,815
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
6.63%
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%
$1,776,300
$1.8M
Cap Rate 7%
$1,268,786
$1.3M
Cap Rate 9%
$986,833
$986.8K
Market Conditions
NOI Build-Up for 2,536 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
$129.3K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$126.9K $50.03/SF
− OpEx
−$38.1K −$15.01/SF
NOI
$88.8K $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%
$1,776,300
Cap Rate 7%
$1,268,786
Cap Rate 9%
$986,833
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,815 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$1.11M
$967.8K – $1.29M
NOI $77,421 @ 7.0% cap · market cap 5.78%
Theoretical Best
Specialty Retail
$2.10M
$1.84M – $2.45M
NOI $146,987 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,008
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 - Fully renovated duplex with a three-bedroom 1.5-bath unit on the third floor and a two-bedroom 1-bath unit on the second.
Where is this duplex located?
The property is located at 2075 E 54th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: 0.0452‑acre lot and 2,536 SF duplex at 2075 E 54th Street, Brooklyn; Third‑floor unit: three bedrooms and one‑and‑a‑half baths; Second‑floor unit: two bedrooms and one bath
