Ultra-Modern Two-Family
124 Thomas S Boyland St Brooklyn, NY 11233
For Sale
$1,334,900
Renovated two-family duplex in Brooklyn with multiple flexible layouts and modern chef-style kitchens.
Property Size3,000 SF
Price / SF$444.97
Days on Market88
Property Features for 124 Thomas S Boyland St
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1909
Listing Agency:
Exit All Seasons Realty
(718) 345-4545
Listed By:
Jaroslaw Kaszuba
(718) 345-4545
Source:
Elliman
Added: Apr 28
Changed: Jul 20
Last Checked: Jul 24 at 12:02PM
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 Exit All Seasons Realty
Investment Insights
Based on property information with market context.
This ultra-modern, renovated two-family duplex offers over 3,000 square feet of building area with spacious, flexible living options. The second-floor unit features two bedrooms and two bathrooms. The first-floor unit includes an oversized two-bedroom layout with a full bathroom. Throughout the property, you’ll find an abundance of natural light, chef’s kitchens with stainless steel appliances, and modern finishes.
Located in Stuyvesant Heights in Brooklyn, the home also benefits from strong walk, bike, and transit accessibility, with walkScore of 88 and transitScore of 98.
Ideal for owner-occupants or investors looking for a two-unit configuration with two- and three-bathroom variations across the floor plans, while maintaining a consistent modern renovation throughout.
Located in Stuyvesant Heights in Brooklyn, the home also benefits from strong walk, bike, and transit accessibility, with walkScore of 88 and transitScore of 98.
Ideal for owner-occupants or investors looking for a two-unit configuration with two- and three-bathroom variations across the floor plans, while maintaining a consistent modern renovation throughout.
Key Highlights
- 1909‑built renovated two‑family duplex in Brooklyn with over 3,000 sq ft of building area
- Flexible layout: first‑floor unit includes an oversized 2‑bedroom with a full bathroom
- Second floor features 2 bedrooms and 2 bathrooms
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 | $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 Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 6.86%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 13.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated two-family duplex in Brooklyn with multiple flexible layouts and modern chef-style kitchens.
Where is this duplex located?
The property is located at 124 Thomas S Boyland St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,334,900.
What are key features of this property?
This property features: 1909‑built renovated two‑family duplex in Brooklyn with over 3,000 sq ft of building area; Flexible layout: first‑floor unit includes an oversized 2‑bedroom with a full bathroom; Second floor features 2 bedrooms and 2 bathrooms
