Two-Family Townhouse with
For Sale
$1,199,999
134 20th Street, Brooklyn, NY 11232
Well-maintained two-family townhouse with separate 2nd-floor and ground-level units, updated kitchens, and private backyard storage.
Property Size1,125 SF
Price / SF$1,066
Days on Market185
Property Features for 134 20th Street
General Information
Standard status
Active
Size
1,125 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,033
Building Details
Building Size
1,125 SF
Year Built
1910
Listing Agency:
RE/MAX Real Estate Professiona
Listed By:
Julixa Campusano
(718) 532-2000
Source:
Penrealty
Added: Apr 25
Changed: Oct 26
Last Checked: Oct 24 at 9:50PM
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 RE/MAX Real Estate Professiona
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Investment Insights
Based on property information with market context.
This two-family townhouse offers two separate residential units with functional, tenant-ready layouts. The second-floor unit features two bedrooms and one bathroom with an open living and dining arrangement. The ground-level unit provides one bedroom and one bathroom, also with an open living and dining layout. Interior highlights include hardwood floors and an updated kitchen. Outside, there is a private backyard with an oversized storage shed, along with a front balcony for outdoor seating.
A full basement adds additional utility, including laundry and extra storage space. The property is positioned near shopping, dining, and public transportation, with access to the D, N, R, and W subway lines.
Ideal for owner-occupants seeking to offset expenses through rental income or investors looking for a residential income asset in Brooklyn.
A full basement adds additional utility, including laundry and extra storage space. The property is positioned near shopping, dining, and public transportation, with access to the D, N, R, and W subway lines.
Ideal for owner-occupants seeking to offset expenses through rental income or investors looking for a residential income asset in Brooklyn.
Key Highlights
- Two‑family townhouse built in 1910 with a 2‑bedroom/1‑bath unit on the 2nd floor and a 1‑bedroom/1‑bath unit on the ground level
- Updated kitchen(s) plus open living and dining layout in each unit
- Hardwood floors and great natural light throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,399
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,980
$788.0K
Cap Rate 7%
$562,843
$562.8K
Cap Rate 9%
$437,767
$437.8K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$57.4K $51.00/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$56.3K $50.03/SF
− OpEx
−$16.9K −$15.01/SF
NOI
$39.4K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$787,980
Cap Rate 7%
$562,843
Cap Rate 9%
$437,767
Alternative Uses
Best Use
Multifamily LT 5
$562.8K
$492.5K – $656.7K
NOI $39,399 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$490.6K
$429.3K – $572.4K
NOI $34,345 @ 7.0% cap · market cap 2.86%
Theoretical Best
Specialty Retail
$931.5K
$815.1K – $1.09M
NOI $65,205 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,673
Businesses Nearby
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Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family townhouse with separate 2nd-floor and ground-level units, updated kitchens, and private backyard storage.
Where is this duplex located?
The property is located at 134 20th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Two‑family townhouse built in 1910 with a 2‑bedroom/1‑bath unit on the 2nd floor and a 1‑bedroom/1‑bath unit on the ground level; Updated kitchen(s) plus open living and dining layout in each unit; Hardwood floors and great natural light throughout
