Renovated Two-Family Townhouse on
1058 JEFFERSON Ave Brooklyn, NY 11221
Newly renovated two-family townhouse with owner's duplex and rental unit.
Type:Multi Family
Property size:
3,000 SFLot size:
0.04 AcresPrice / SF:
$565/SF- Added:
- Mar 23, 2026
- Days on Market:
- 111
- Last Refresh:
- Jul 2 at 9:07 am
Property Features for 1058 JEFFERSON Ave
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.04 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing office (212) 381-4246
Listing date Mar 23, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Ari S Harkov
Investment Insights
Based on property information with market context.
This is an approximately 3,000 square foot newly renovated two-family townhouse located on Jefferson Avenue, between Bushwick Avenue and Broadway. The property features an owner's duplex and a separate 3-bedroom rental apartment. The building has been fully renovated with new kitchens and bathrooms, split A/C, and new windows. The property benefits from abundant natural light and an 18-foot width. It is situated on a quiet residential block, near the J-train at Halsey Street. The property offers the opportunity to rent out one of the two units for income, with low property taxes and separate utilities. The parlor floor of the townhouse features an open living and dining area with a large kitchen. The living area faces northeast and includes a large bay window. The kitchen is equipped with a large island capable of seating four, full-sized stainless steel appliances, caesarstone countertops, and white lacquered cabinetry. Towards the back of the main floor, there are two bedrooms, one adjacent to a hall bathroom and the other with an en-suite bath. Both bedrooms face southeast, and one includes access to a deck and private backyard. A washer/dryer is also located on this floor. The duplex apartment offers layout flexibility, with a finished lower level containing an additional full bath and access to the garden, as well as a second entrance under the stoop. The top floor is a 3-bedroom simplex unit with a similar orientation and layout to the parlor floor, featuring two bedrooms facing the rear gardens and one at the front of the building. The second unit also has a large kitchen with an island, a laundry room, and two full bathrooms.
Key Highlights
- Newly renovated two‑family townhouse with owner's duplex and 3‑bedroom rental unit.
- Income‑generating opportunity with separate utilities and low property taxes.
- Owner's duplex features a modern kitchen with stainless steel appliances, caesarstone countertops, and island seating.
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 | $153.0k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $150.1k | $50.03 |
| − OpEx | −$45.0k | −$15.01 |
| NOI | $105.1k | $35.02 |
3,000 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 5.40%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 10.26%
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 - Newly renovated two-family townhouse with owner's duplex and rental unit.
Where is this duplex located?
The property is located at 1058 JEFFERSON Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Newly renovated two‑family townhouse with owner's duplex and 3‑bedroom rental unit.; Income‑generating opportunity with separate utilities and low property taxes.; Owner's duplex features a modern kitchen with stainless steel appliances, caesarstone countertops, and island seating.
