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:
- 65
- Last Refresh:
- Mar 20 at 12:41 pm
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 agent Ari S Harkov
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
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.
- Duplex includes a private backyard, deck, and finished lower level with full bath.
- Excellent natural light throughout the 18‑foot wide property.
- Conveniently located near the J‑train at Halsey Street.
Overview
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.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.17M
NOI $105,065 @ 9.00% cap · cautious / downside scenario
Moderate
$1.50M
NOI $105,065 @ 7.00% cap · market / base-case scenario
Aggressive
$2.10M
NOI $105,065 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| 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 Use Scenarios
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 Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.91652
- Latitude
- 40.68758
Nearby Similar for Sale
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.
