Two-Family Townhouse with Private
427 Pulaski St Brooklyn, NY 11221
427 Pulaski St, Brooklyn, NY, 11221
$1,999,000
For Sale
$1,999,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,700 SF
Lot Size0.05 Acres
Price / SF$740.37
Days on Market499
Property Features for 427 Pulaski St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.05 Acres
Building Details
- Year built
- 1992
Listing Agency
BURNS ISRAEL A
(347) 709-2491
19 BAY 8THST, BROOKLYN, NY
Listed by
Israel Burns
(347) 709-2491
Added: Mar 4, 2025 Checked: Jul 16 at 7:06 pm
MLS# 11443820
Listing URL
Copyright © 2026 My State MLS. 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.
Built in 1992, this well-maintained two-family townhouse is arranged as an owner duplex and an income-producing rental unit, for a total of 2,700 square feet. The owner duplex features three bedrooms and 2.5 bathrooms, with a parlor level that opens to a dining area and a contemporary kitchen with Energy Star appliances. The master suite includes a large walk-in closet, an en-suite bath, and direct access to a private backyard. The lower level provides two additional bedrooms, a full bath, and a flexible bonus space suitable for a home office or media room.
The property is in Brooklyn near the JMZ subway lines at Myrtle Avenue and the J line at Kosciuszko Street. Local amenities are described as including restaurants, cafes, and shopping on Broadway and Dekalb Avenue.
For buyers or investors seeking a townhouse-style setup with separate living arrangements, the configuration offers a dedicated owner layout alongside a separate rental unit with three bedrooms and two bathrooms. Additional conveniences include central heating and air conditioning for year-round comfort, along with smart home features such as keyless entry and a Nest smart doorbell. The listing also notes an estimated rental income potential of $2,700 per month.
The property is in Brooklyn near the JMZ subway lines at Myrtle Avenue and the J line at Kosciuszko Street. Local amenities are described as including restaurants, cafes, and shopping on Broadway and Dekalb Avenue.
For buyers or investors seeking a townhouse-style setup with separate living arrangements, the configuration offers a dedicated owner layout alongside a separate rental unit with three bedrooms and two bathrooms. Additional conveniences include central heating and air conditioning for year-round comfort, along with smart home features such as keyless entry and a Nest smart doorbell. The listing also notes an estimated rental income potential of $2,700 per month.
Key Highlights
- Two‑family townhouse built in 1992 with 2,700 SF total living space
- Owner’s duplex: 3 bedrooms and 2.5 bathrooms with direct access to a private backyard
- Owner’s parlor level includes living room, dining area, and a contemporary kitchen with Energy Star appliances
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 | $137.7k | $51.00 |
| − Vacancy | −$2.6k | −$0.97 |
| EGI | $135.1k | $50.03 |
| − OpEx | −$40.5k | −$15.01 |
| NOI | $94.6k | $35.02 |
2,700 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.58M
NOI $94,559 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,428 @ 7.0% cap · market cap 4.12%
Theoretical Best
Specialty Retail
$2.24M
$1.96M – $2.61M
NOI $156,492 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate three-bedroom units with central heating and air plus smart entry features and a private backyard.
Where is this duplex located?
The property is located at 427 Pulaski St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Two‑family townhouse built in 1992 with 2,700 SF total living space; Owner’s duplex: 3 bedrooms and 2.5 bathrooms with direct access to a private backyard; Owner’s parlor level includes living room, dining area, and a contemporary kitchen with Energy Star appliances
