Two-Family Duplex with Finished
For Sale
$1,100,000
320 42nd Street, Brooklyn, NY 11232
MULTI_FAMILY - Brooklyn, NY
Property Size1,372 SF
Lot Size0.04 Acres
Price / SF$801.75
Days on Market17
Property Features for 320 42nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6B
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Finished, Full
Subdivision
Sunset Park
Standard status
Active
Size
1,372 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3209
Building Details
Year built
1899
Floors in Building
3
Number of units
2
Flooring type
Tile
Building materials
Masonry
Roof type
Rubber, Flat
Architectural style
Other
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Kevin Lam · License #KL3175
(718) 382-0001
Added: Jul 17
Changed: Aug 1
Last Checked: Aug 2 at 1:06AM
MLS# 503046
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.
Two-family duplex at 320 42nd Street on a full 17' x 100' lot. The layout includes a first-floor duplex along with a finished basement and a private backyard. Interior features include window A/C, refrigerator, and stove, and the home has tile flooring. Construction is masonry, with a flat rubber roof. Built in 1899, the property is zoned R6B.
Located in Sunset Park between 3rd and 4th Avenues, the home provides access to the N and D express trains and the R local train at 36th Street. It’s also moments from Sunset Park, Bush Terminal Park, and the waterfront, with nearby dining, cafes, shops along 4th and 5th Avenues, plus bus and grocery options.
Located in Sunset Park between 3rd and 4th Avenues, the home provides access to the N and D express trains and the R local train at 36th Street. It’s also moments from Sunset Park, Bush Terminal Park, and the waterfront, with nearby dining, cafes, shops along 4th and 5th Avenues, plus bus and grocery options.
Key Highlights
- Two‑family duplex with finished basement and private backyard
- Masonry construction with flat rubber roof
- 17' x 100' lot
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 | $70.0k | $51.00 |
| − Vacancy | −$1.3k | −$0.97 |
| EGI | $68.6k | $50.03 |
| − OpEx | −$20.6k | −$15.01 |
| NOI | $48.0k | $35.02 |
1,372 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$686.4K
$600.6K – $800.8K
NOI $48,050 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$598.4K
$523.6K – $698.1K
NOI $41,886 @ 7.0% cap · market cap 3.81%
Theoretical Best
Specialty Retail
$1.14M
$994.0K – $1.33M
NOI $79,521 @ 7.0% cap · market cap 7.23%
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
4,714
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-family duplex on a 17' x 100' lot with a finished basement, private backyard, and R6B zoning.
Where is this duplex located?
The property is located at 320 42nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family duplex with finished basement and private backyard; Masonry construction with flat rubber roof; 17' x 100' lot
