Advertise
    Location, address, ZIP or keywords
    Back to Search
    Brooklyn Two-Family Townhouse Opportunity

    60 Richmond Street Brooklyn, NY 11208

    60 Richmond Street, Brooklyn, NY, 11208
    $989,000
    Pending
    For Sale
    Claim this Listing
    $989,000
    Pending

    MULTI_FAMILY - Brooklyn, NY

    Property Size3,300 SF
    Lot Size0.04 Acres
    AddedMay 6
    Days on Market70
    Last RefreshJul 14 at 11:06 pm

    Property Features for 60 Richmond Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    3
    Rooms
    Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Basement, Bedroom 9, Bedroom 3, Bedroom 5
    Parking features
    On Street
    Interior features
    First Floor Bedroom, First Floor Full Bath, Chandelier, High Ceilings, Original Details
    Basement
    Finished, Full
    Standard status
    Pending
    APN
    04102-0046
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6026

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Steam
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Brick

    Listing agent Gabriel Kashi

    Listing office Keystone Realty USA Corp 60 E Main St, E. Northport, NY

    Listing date May 6, 2026

    MLS# 995749 Listing URL

    Copyright © 2026 OneKey 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.

    Located in Brooklyn, NY, 60 Richmond Street is a semi-detached, belly brick townhouse situated on a picturesque block in Cypress Hills. This two-family property spans over 3300 square feet of living space and features original details. The property offers opportunities for primary homeowners, investors, and buyers looking to customize their residence. The current configuration includes a four-bedroom, one-bath unit over a three-bedroom, one-bath garden unit. Additionally, there is a high-ceiling, full-finished basement with both interior and exterior access. The lot size is 0.0413 acres. The property is located just off Jamaica Avenue, Ridgewood Avenue, and Fulton Street, providing access to restaurants, cafes, and shopping centers. It is also a short distance from Highland Park, Highland Baseball Field, and Highland Park Tennis court.

    Key Highlights

    • Semi‑detached brick townhouse built in 1910 with approx. 20x56 footprint and over 3,300 sq ft of living space
    • Two‑family layout: 4BR/1BA over 3BR/1BA garden unit
    • High‑ceiling, fully finished basement with interior and exterior access

    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 $126.7k $38.40
    − Vacancy −$5.7k −$1.73
    EGI $121.0k $36.67
    − OpEx −$36.3k −$11.00
    NOI $84.7k $25.67
    3,300 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,712 @ 7.0% cap · market cap 8.57%
    Second Best
    Apartment 5plus
    $1.08M
    $942.9K – $1.26M (±1% cap)
    NOI $75,428 @ 7.0% cap · market cap 7.63%
    Theoretical Best
    Office A
    $2.02M
    $1.77M – $2.36M (±1% cap)
    NOI $141,343 @ 7.0% cap · market cap 14.29%
    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

    Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Bar & Pub

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

    Similar For Sale Nearby

    • $1,030,000
      2,870 SF

      New Retail Condo with Indoor Parking

      Vacant, newly built retail condo with available indoor parking options for a wide range of businesses.
      268 Bay Ridge Avenue, Brooklyn, NY 11220
      View Details
    • $1,488,888
      2,600 SF

      Retail Storefront with Operating Dry Cleaner

      Storefront property includes an operating dry-cleaning business on a 19-by-146-foot lot.
      1627 Sheepshead Bay Road, Brooklyn, NY 11235
      View Details
    • $1,390,000
      3,239 SF

      First-Floor and Cellar Commercial Condo

      Modern 2017 mixed-use condo with flexible space for office, medical, fitness, or community uses.
      832 40th Street, Brooklyn, NY 11232
      View Details
    • $3,100,000
      6,362 SF

      NNN Retail Strip with Parking

      Modern 2015-built retail strip offers three storefronts and 10 in-door parking spaces for NNN tenants.
      268 Bay Ridge Avenue, Brooklyn, NY 11220
      View Details
    • $988,000
      2,292 SF

      Storefront Condo with Parking

      Built in 2015 and currently used as a bakery, with indoor parking available for additional cost.
      268 Bay Ridge Avenue, Brooklyn, NY 11220
      View Details
    • $1,680,000
      3,158 SF

      Retail and Office Building

      Modern storefront property with open lobby, multiple rooms, and two bathrooms for flexible retail or office use.
      366 Kings Highway, Brooklyn, NY 11223
      View Details
    • $900,000
      29,171 SF

      Corner Medical Suite with Private Entrance

      Ground-floor corner suite zoned for ambulatory or diagnostic care, with waiting area, exam room, and private entry.
      531 5th Street, Brooklyn, NY 11215
      View Details
    • $999,000
      15,000 SF

      Turn-Key Supermarket Business Opportunity

      Thriving supermarket business for sale in prime Gravesend location.
      53-65 Quentin Road, Brooklyn, NY 11223
      View Details
    • $999,000
      8,820 SF

      Established Supermarket Business For Sale

      High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.
      65 Quentin Road, Brooklyn, NY 11223
      View Details
    • $7,200,000
      23,400 SF

      Brooklyn Mixed-Use Investment Opportunity

      Mixed-use property in Brownsville with diverse income streams.
      340 Junius Street, Brooklyn, NY 11212
      View Details
    • $1,190,000
      1,079 SF

      Move-In Ready Medical Office Condo

      Turnkey 6th-floor commercial condo with reception, exam/treatment rooms, two bathrooms, and employee break room in an elevator building.
      849 53rd Street, Brooklyn, NY 11220
      View Details
    • $1,200,000
      3,822 SF

      Incomplete Renovation Church Conversion

      In-progress renovation offers flexible space for offices, warehouse, retail, manufacturing, or religious use.
      2769 Stillwell Avenue, Brooklyn, NY 11224
      View Details

    FAQs

    What type of property is this?
    Duplex - Spacious two-family townhouse in Cypress Hills with investment potential.
    Where is this duplex located?
    The property is located at 60 Richmond Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $989,000.
    What are key features of this property?
    This property features: Semi‑detached brick townhouse built in 1910 with approx. 20x56 footprint and over 3,300 sq ft of living space; Two‑family layout: 4BR/1BA over 3BR/1BA garden unit; High‑ceiling, fully finished basement with interior and exterior access
    Contact an agent
    (347) 419-5268
    We can help!
    Contact an agent
    Gabriel Kashi
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    60 Richmond Street, Brooklyn, NY 11208
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!