Renovated Two-Family Home,
536 46th Street Brooklyn, NY 11220
536 46th Street, Brooklyn, NY, 11220
$1,680,000
For Sale
$1,680,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,970 SF
Lot Size0.05 Acres
Price / SF$852.79
Days on Market105
Property Features for 536 46th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,970 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7721
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Block, Masonry
- Roof type
- Flat
Listing agency
Re/Max Real Estate Professiona
(718) 872-5522
Listed by
Huizhen (Rose) Li
(718) 532-2000
Added: Apr 8 Updated: Jul 11 at 6:34PM Checked: Jul 21 at 8:06AM
MLS# 500322
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.
Located in the heart of Sunset Park, Brooklyn, this renovated two-family brick house offers a great opportunity for investors or owner-occupants. The building provides two stories of living space, along with a full finished basement that has a separate entrance. Situated on a 20 x 100 lot, the building itself measures 20 x 48. The property is zoned R6B. Each unit features three bedrooms and a separate heating system with a hot water boiler. Modern finishes are present throughout the building. The property is conveniently located near restaurants, supermarkets, shops, and parks. Public transportation is easily accessible, including the R subway line and local buses. The property size is 1970 square feet, and the lot size is 0.0459 acres.
Key Highlights
- Fully renovated 2‑family brick home with 2 stories plus a fully finished basement with separate entrance
- Building dimensions 20 x 48 on a 20 x 100 lot; R6B zoning
- Each unit has 3 bedrooms and includes separate heating system and hot water boiler
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 | $87.5k | $44.40 |
| − Vacancy | −$3.7k | −$1.86 |
| EGI | $83.8k | $42.54 |
| − OpEx | −$25.1k | −$12.76 |
| NOI | $58.7k | $29.77 |
1,970 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$837.9K
$733.2K – $977.6K
NOI $58,656 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$750.5K
$656.7K – $875.6K
NOI $52,533 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,397 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Better Insulation Services ...
General Contractor
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FAQs
What type of property is this?
Duplex - Two-family renovated brick house in Sunset Park, Brooklyn.
Where is this duplex located?
The property is located at 536 46th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: Fully renovated 2‑family brick home with 2 stories plus a fully finished basement with separate entrance; Building dimensions 20 x 48 on a 20 x 100 lot; R6B zoning; Each unit has 3 bedrooms and includes separate heating system and hot water boiler
