Duplex with Finished
New
For Sale
$1,088,000
1144 E 53rd Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size2,970 SF
Lot Size0.05 Acres
Price / SF$366.33
Days on Market2
Property Features for 1144 E 53rd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 3
Parking features
Carport
Patio and Porch features
Deck
Interior features
A/C Unit, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
Flatlands
Standard status
Active
Size
2,970 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7316
Building Details
Year built
1945
Floors in Building
2
Number of units
2
Flooring type
Tile, Carpet, Hardwood
Building materials
Brick
Roof type
Shingle
Listing Agency:
Citi Star Inc
(718) 332-6669
Listed By:
Mohamed Mahmoud
(917) 771-7064
Added: Oct 16
Changed: Oct 17
Last Checked: Oct 17 at 7:06AM
MLS# 505401
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This attached brick duplex contains two bedrooms on each of its two residential levels, plus a full finished basement. The 2,970-square-foot property sits on a 0.0517-acre lot and includes a deck, front and rear yards, and a carport with parking for one vehicle. Built in 1945, the residence has R4 zoning and is being sold with tenants in place, as-is.
The sale is packaged with 1140 East 53rd Street. Nearby amenities include shopping, schools, playgrounds, and restaurants. MTA service includes the B6, B46, B47, B82, B82-SBS, B103, and BM2 routes.
The sale is packaged with 1140 East 53rd Street. Nearby amenities include shopping, schools, playgrounds, and restaurants. MTA service includes the B6, B46, B47, B82, B82-SBS, B103, and BM2 routes.
Key Highlights
- Two‑family attached brick residence with two bedrooms on each of two levels
- Full finished basement
- 2,970 square feet on a 0.0517‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,671
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,420
$1.8M
Cap Rate 7%
$1,295,300
$1.3M
Cap Rate 9%
$1,007,456
$1.0M
Market Conditions
NOI Build-Up for 2,970 SF
Gross rent
$168.2K $56.64/SF
− Vacancy
−$3.4K −$1.13/SF
EGI
$164.9K $55.51/SF
− OpEx
−$74.2K −$24.98/SF
NOI
$90.7K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,420
Cap Rate 7%
$1,295,300
Cap Rate 9%
$1,007,456
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.73M
NOI $104,014 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$1.30M
$1.13M – $1.51M
NOI $90,671 @ 7.0% cap · market cap 8.33%
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M
NOI $172,141 @ 7.0% cap · market cap 15.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,082
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom units, a finished lower level, and a one-car parking space configure this attached brick residence.
Where is this duplex located?
The property is located at 1144 E 53rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,088,000.
What are key features of this property?
This property features: Two‑family attached brick residence with two bedrooms on each of two levels; Full finished basement; 2,970 square feet on a 0.0517‑acre lot
