1181 E 55th Street Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
- Added:
- Nov 28, 2025
- Days on Market:
- 228
- Last Refresh:
- Jul 14 at 4:06 am
Property Features for 1181 E 55th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-2
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
- Patio and Porch features
- Porch
- Interior features
- Dishwasher, Dryer, Porch, Refrigerator, Stove, Washer
- Basement
- Finished
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8520
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
Listing agent Arlene Peldman (718) 251-7400
Listing office Talk of the Town Realty Corp. 2054 Ralph Avenue, Brooklyn, NY (718) 251-7400
Listing date Nov 28, 2025
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Brick 2‑family home built in 1965
- Duplex setup: 3BR, 1.5BA over 2BR, 1BA walk‑in apartment
- Full finished basement with summer kitchen and 3/4 bath
Local Financial Insights For Apartment 5plus
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 | $141.6k | $56.64 |
| − Vacancy | −$2.8k | −$1.13 |
| EGI | $138.8k | $55.51 |
| − OpEx | −$62.4k | −$24.98 |
| NOI | $76.3k | $30.53 |
