Renovated Two-Family Brick
997 E 52nd Street, Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
Property size:
2,024 SFLot size:
0.05 AcresPrice / SF:
$468/SF- Added:
- Mar 27, 2026
- Days on Market:
- 65
- Last Refresh:
- May 30 at 9:06 am
Property Features for 997 E 52nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 4
- Parking features
- Driveway
- Interior features
- First Floor Bedroom, Chefs Kitchen, Granite Counters, Recessed Lighting, Walk Through Kitchen
- Standard status
- Active
- APN
- 07970-0009
- Size
- 2,024 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7237
Utilities
- Sewer type
- Public Sewer
- Heating system
- Energy Star Qualified Equipment (Heating)
- Cooling system
- ENERGY STAR Qualified Equipment
- Water source
- Public
Building Details
- Year built
- 1955
- Number of units
- 2
- Building materials
- Brick
Listing agent Gabriel Kashi (347) 419-5268
Listing office Keystone Realty USA Corp 60 E Main St, E. Northport, NY (631) 261-2800
Listing date Mar 27, 2026
MLS# 977530
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.
HighLights
- Turn‑key, move‑in ready, renovated two‑family brick home perfect for owner occupancy with rental income potential.
- Features private parking, a significant convenience in an urban environment.
- Configured as a 3‑bedroom/1‑bath owner's duplex over a 2‑bedroom/1‑bath garden unit.
- Enjoy modern, open‑concept living/dining areas and chef's granite kitchens with stainless steel appliances.
- Renovations include new flooring, recessed lighting, energy‑efficient A/C, and updated electrical, heating, and plumbing systems.
- Conveniently located near major transportation, schools, shopping, restaurants, and parks.
Overview
This renovated brick two-family residence, spanning 2,024 square feet, offers a turn-key living experience with income-generating potential. The property features private parking and is configured as a three-bedroom, one-bath owner's duplex over a two-bedroom, one-bath garden unit. Both units boast expansive, sun-drenched, modern, open-concept living and dining areas, ideal for entertaining. The chef's kitchens are equipped with floor-to-ceiling custom cabinetry and stainless steel appliances. The spacious bedrooms offer ample closet space, and the fully tiled bathrooms are adorned with state-of-the-art wall and floor tiles. Renovations include new select wide oak wood flooring, recessed lighting, and energy-efficient split-unit A/C systems, along with new electrical, heating, and plumbing systems throughout. Located just off Foster Avenue, Kings Highway, and Utica Avenue, the property provides convenient access to major transportation, schools, shopping centers, restaurants, cafes, parks, and other neighborhood amenities. The lot size is 0.0505 acres.
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 | $103.2k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $101.3k | $50.03 |
| − OpEx | −$30.4k | −$15.01 |
| NOI | $70.9k | $35.02 |
2,024 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$886.1K – $1.18M
NOI $70,884 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$882.7K
$772.4K – $1.03M
NOI $61,791 @ 7.0% cap · market cap 6.51%
Theoretical Best
Specialty Retail
$1.68M
$1.47M – $1.96M
NOI $117,311 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.926443
- Latitude
- 40.635863
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Turn-key Brooklyn two-family with parking and income potential.
Where is this duplex located?
The property is located at 997 E 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Turn‑key, move‑in ready, renovated two‑family brick home perfect for owner occupancy with rental income potential.; Features **private parking**, a significant convenience in an urban environment.; Configured as a 3‑bedroom/1‑bath owner's duplex over a 2‑bedroom/1‑bath garden unit.
