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Tenant-Occupied Duplex

346 53rd Street Brooklyn, NY 11220

New
346 53rd Street, Brooklyn, NY, 11220
$1,630,000
For Sale
Claim this Listing
$1,630,000

MULTI_FAMILY - Brooklyn, NY

Property Size3,700 SF
Lot Size0.00 Acres
Price / SF$440.54
AddedJul 13
Days on Market2
Last RefreshJul 14 at 2:06 pm

Property Features for 346 53rd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
10
Rooms
Bathroom 7, Bathroom 2, Bathroom 8, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 10, Bathroom 6, Bathroom 9, Bathroom 5
Basement
Unfinished
Standard status
Active
Size
3,700 SF
Lot size
0.00 Acres

Building Details

Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat

Listing agent Yu Ling (Eva) Chen

Listing office E House Realty & Mgt. Inc. 6005 7th Avenue, Brooklyn, NY

Listing date Jul 13, 2026

MLS# 502989 Listing URL

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.

This for-sale duplex multifamily property is located at 346 53rd Street in Brooklyn, NY 11220. The offering is for a tenant-occupied asset, and the listed total property size is 3,700 square feet, with a reported lot size of 0.0005 acres.

The property is presented as easy to show with 24-hour advance notice. All information is deemed reliable but is subject to verification. Interested parties should contact the agent to request additional details or schedule a private showing.

Key Highlights

  • Brick construction
  • Hardwood flooring
  • Flat roof

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 $164.3k $44.40
− Vacancy −$6.9k −$1.86
EGI $157.4k $42.54
− OpEx −$47.2k −$12.76
NOI $110.2k $29.77
3,700 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.57M
$1.38M – $1.84M (±1% cap)
NOI $110,166 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,667 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M (±1% cap)
NOI $167,903 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Nursing Home Gym & Fitness Center Nursing Home Pet Grooming Service Veterinary Clinic Bed & Breakfast Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - For sale multifamily duplex at 346 53rd Street, Brooklyn, offered tenant-occupied with 24-hour advance showing notice.
Where is this duplex located?
The property is located at 346 53rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,630,000.
What are key features of this property?
This property features: Brick construction; Hardwood flooring; Flat roof
Contact an agent
More about this property
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