Updated Brownstone Duplex and
124 Hall Street Brooklyn, NY 11205
124 Hall Street, Brooklyn, NY, 11205
$2,395,000
For Sale
$2,395,000
Four-level brownstone with a duplex plus two additional apartments, featuring three electric meters and delivery vacant.
Property Size2,800 SF
Price / SF$855.36
Days on Market222
Property Features for 124 Hall Street
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- MultiFamily
Building Details
- Year Built
- 1901
Listing agency
DiTommaso Real Estate
(718) 667-8272
Listed by
Audrey Casso · License #40CA1165436
(718) 667-8272
Source
Compass
Added: Dec 12, 2025 Updated: Jul 22 at 10:30AM Checked: Jul 22 at 10:30AM
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 DiTommaso Real Estate
Investment Insights
Based on property information with market context.
This updated four-level brownstone offers flexible residential income and multi-generational living. The first and second floors feature a spacious duplex with an open-concept living and dining layout, an updated kitchen, a full bathroom, and direct access to a generous backyard. The second floor also includes three bedrooms.
The third floor is configured as a one-bedroom apartment. The fourth floor provides an owner's apartment with a summer kitchen, a bedroom, and a full bathroom.
Additional operational detail includes three separate electric meters. The property is set to be delivered vacant. Located in Clinton Hill, it is described as just minutes from Manhattan and within a short distance to shopping, dining, and public transportation.
The third floor is configured as a one-bedroom apartment. The fourth floor provides an owner's apartment with a summer kitchen, a bedroom, and a full bathroom.
Additional operational detail includes three separate electric meters. The property is set to be delivered vacant. Located in Clinton Hill, it is described as just minutes from Manhattan and within a short distance to shopping, dining, and public transportation.
Key Highlights
- Four‑level brownstone (1901) with masonry/steel construction and stone foundation
- Duplex on floors 1 and 2 with open‑concept living/dining and an updated kitchen
- Three bedrooms on the second floor and one full bathroom on the main level
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 | $142.8k | $51.00 |
| − Vacancy | −$2.7k | −$0.97 |
| EGI | $140.1k | $50.03 |
| − OpEx | −$42.0k | −$15.01 |
| NOI | $98.1k | $35.02 |
2,800 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.63M
NOI $98,061 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M
NOI $85,481 @ 7.0% cap · market cap 3.57%
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.70M
NOI $162,288 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Four-level brownstone with a duplex plus two additional apartments, featuring three electric meters and delivery vacant.
Where is this triplex located?
The property is located at 124 Hall Street 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: Four‑level brownstone (1901) with masonry/steel construction and stone foundation; Duplex on floors 1 and 2 with open‑concept living/dining and an updated kitchen; Three bedrooms on the second floor and one full bathroom on the main level
