Detached Two-Family Home with
1593 E 53rd Street Brooklyn, NY 11234
New
For Sale
$1,149,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,322 SF
Lot Size0.08 Acres
Price / SF$494.83
Days on Market2
Property Features for 1593 E 53rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-2
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Interior features
- A/C Unit, Dishwasher, Microwave, Refrigerator
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,322 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3342
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Parquet Wood, Tile
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
Citi Star Inc
(718) 332-6669
Listed By:
Mohamed Mahmoud
(718) 332-6669
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 10:06PM
MLS# 503281
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully detached two-family home includes a gated setting with a private driveway and private front and back yards. The property offers a full, finished basement with a separate entrance, plus two units configured with three bedrooms over three bedrooms. Each floor features a full bathroom, a large living room, an eat-in kitchen, and a formal dining room.
Interior finishes described in the listing include tile flooring in the bathrooms and kitchens, parquet flooring with new runners in the rest of the home, and brand new carpeting in the basement. The listing also notes a new refrigerator in the upper unit’s eat-in kitchen.
The home is described as minutes from Utica Avenue, close to Flatbush Avenue, and within walking distance to Ralph Avenue for bus routes including the B41 on Avenue N, B46 on Utica Avenue, and B47 on Ralph Avenue. The surrounding area is also noted to include nearby shopping at Georgetown Shopping Center, along with eateries, places of worship, and schools.
Interior finishes described in the listing include tile flooring in the bathrooms and kitchens, parquet flooring with new runners in the rest of the home, and brand new carpeting in the basement. The listing also notes a new refrigerator in the upper unit’s eat-in kitchen.
The home is described as minutes from Utica Avenue, close to Flatbush Avenue, and within walking distance to Ralph Avenue for bus routes including the B41 on Avenue N, B46 on Utica Avenue, and B47 on Ralph Avenue. The surrounding area is also noted to include nearby shopping at Georgetown Shopping Center, along with eateries, places of worship, and schools.
Key Highlights
- Detached 2‑family gated home with private driveway and front and back yards
- Three bedrooms + three bedrooms layout with a full, finished basement and separate entrance
- Top floor includes 3 bedrooms, 1 full bathroom, large living room, eat‑in kitchen, and formal dining room
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 | $118.4k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $116.2k | $50.03 |
| − OpEx | −$34.9k | −$15.01 |
| NOI | $81.3k | $35.02 |
2,322 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.36M
NOI $81,320 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$1.01M
$886.1K – $1.18M
NOI $70,888 @ 7.0% cap · market cap 6.17%
Theoretical Best
Specialty Retail
$1.92M
$1.68M – $2.24M
NOI $134,583 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully detached two-family residence with a private driveway, separate basement entrance, and finished basement.
Where is this duplex located?
The property is located at 1593 E 53rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Detached 2‑family gated home with private driveway and front and back yards; Three bedrooms + three bedrooms layout with a full, finished basement and separate entrance; Top floor includes 3 bedrooms, 1 full bathroom, large living room, eat‑in kitchen, and formal dining room
