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Two-Family Brownstone with Private Roof Deck
For Sale
$2,395,000

112 MALCOLM X Boulevard, Brooklyn, NY 11221

Renovated two-family brownstone with a private roof deck, landscaped backyard, and decks designed for indoor-outdoor living.

Property Size3,228 SF
Price / SF$741.95
Days on Market68

Property Features for 112 MALCOLM X Boulevard

General Information

Standard status Active
Size 3,228 SF
Property subtype Multi Family

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Additional Details

Public Transit Yes

Amenities

backyard
private roof deck
deck
central air conditioning
split-system heating and cooling
intercom system
in-unit washer and dryer

Building Details

Building Size 3,228 SF
Year Built 1931
Buildings 1
Construction brownstone
Listing Agency: Corcoran Group
Listed By: Daniel Kandinov · License #10401279436 (NY)
Source: Nilelundgren
Added: May 26 Changed: Jul 31 Last Checked: Jul 31 at 5:44AM

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 Corcoran Group

Investment Insights

Based on property information with market context.

112 Malcolm X Boulevard is a meticulously renovated two-family brownstone in Stuyvesant Heights, featuring a nearly 20-foot-wide layout and soaring 11-foot ceilings. The home offers a spacious three-bedroom owner’s duplex with soaring ceiling height and a primary suite with an en-suite bath, plus a beautifully appointed two-bedroom garden residence. A fully finished recreation level adds flexible space and can connect internally to the garden residence if desired.

On the parlor level, custom double doors open to a dramatic entertaining flow from the expansive living and dining area into a bespoke chef’s kitchen. The kitchen includes a waterfall island with integrated storage, custom cabinetry, a farmhouse sink, Kraus fixtures, Thermador stainless steel appliances, a beverage cooler, and a vented hood. Sliding glass doors open to a spacious rear deck overlooking a private landscaped backyard, and a private roof deck provides an additional outdoor retreat.

Additional highlights include central air conditioning with Nest thermostats, cove lighting, alarm wiring, and an Akuvox voice and video intercom system. The garden-level residence includes Bosch appliances, in-unit washer and dryer, and split-system heating and cooling. Built in 1931.

Key Highlights

  • Nearly 20‑foot‑wide renovated two‑family brownstone built in 1931
  • 11‑foot ceilings and wide‑plank white oak flooring on the parlor level
  • 3‑bedroom owner’s duplex plus a 2‑bedroom garden residence

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 $164.6k $51.00
− Vacancy −$3.1k −$0.97
EGI $161.5k $50.03
− OpEx −$48.5k −$15.01
NOI $113.1k $35.02
3,228 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $113,050 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$1.41M
$1.23M – $1.64M (±1% cap)
NOI $98,547 @ 7.0% cap · market cap 4.11%
Theoretical Best
Specialty Retail
$2.67M
$2.34M – $3.12M (±1% cap)
NOI $187,095 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,119
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated two-family brownstone with a private roof deck, landscaped backyard, and decks designed for indoor-outdoor living.
Where is this duplex located?
The property is located at 112 MALCOLM X Boulevard Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Nearly 20‑foot‑wide renovated two‑family brownstone built in 1931; 11‑foot ceilings and wide‑plank white oak flooring on the parlor level; 3‑bedroom owner’s duplex plus a 2‑bedroom garden residence
More about this property
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