Back to Search
Detached Two-Family Residence

1267 East 58th Street Brooklyn, NY 11234

1267 East 58th Street, Brooklyn, NY, 11234
$1,200,000
Pending
For Sale
$1,200,000
Pending

Detached two-family home with full basement, five-to-six car driveway, and front and back yard.

Property Size2,288 SF
Days on Market36

Property Features for 1267 East 58th Street

General Information

Standard status
Pending
Size
2,288 SF
Property subtype
Duplex

Building Details

Year Built
1960
Listing agency Strategic Group
Listed by Julio C. Mangual
Source Compass
Added: Jun 17 Updated: Jul 21 at 4:25PM Checked: Jul 21 at 4:25PM

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 Strategic Group


Investment Insights

Based on property information with market context.

This detached two-family residence includes a full basement and an interior setup designed for independent living across two floors. The configuration features three bedrooms on both the 1st and 2nd floors, with access to the full basement. Each floor includes one full bathroom and one half bathroom.

The property also offers outdoor space with both a front and back yard, along with a driveway sized for approximately five to six cars, supporting convenient off-street parking.

With its two-level layout and full basement, the home is well suited for owners seeking live-in flexibility or investors looking at a multi-unit residential income asset.

Key Highlights

  • Detached two‑family home built in 1960 with approximately 2,288 sq ft of living space
  • Full finished walk‑out basement with storage space and access from the home
  • 3 bedrooms on each of the 1st and 2nd floors, plus one full bath and one half bath on each floor

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 $116.7k $51.00
− Vacancy −$2.2k −$0.97
EGI $114.5k $50.03
− OpEx −$34.3k −$15.01
NOI $80.1k $35.02
2,288 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.14M
$1.00M – $1.34M (±1% cap)
NOI $80,130 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$997.9K
$873.1K – $1.16M (±1% cap)
NOI $69,850 @ 7.0% cap · market cap 5.82%
Theoretical Best
Specialty Retail
$1.89M
$1.66M – $2.21M (±1% cap)
NOI $132,612 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Skin Care Clinic Nursing Home Gym & Fitness Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Detached two-family home with full basement, five-to-six car driveway, and front and back yard.
Where is this duplex located?
The property is located at 1267 East 58th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Detached two‑family home built in 1960 with approximately 2,288 sq ft of living space; Full finished walk‑out basement with storage space and access from the home; 3 bedrooms on each of the 1st and 2nd floors, plus one full bath and one half bath on each floor
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message