Two-Family Brick Duplex with Private
1758 E 55th Street Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
Property size:
1,673 SFLot size:
0.05 AcresPrice / SF:
$537/SF- Added:
- May 5, 2026
- Days on Market:
- 67
- Last Refresh:
- Jul 10 at 7:06 pm
Property Features for 1758 E 55th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 2
- Interior features
- A/C Unit, Refrigerator, Stove
- Standard status
- Active
- Size
- 1,673 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6283
Building Details
- Number of units
- 2
- Flooring type
- Hardwood
- Roof type
- Flat
Listing agent Yat Hong (Larry) Chu (718) 872-6300
Listing office New World Realty Group LLC 2074 E 14th St, Brooklyn, NY (718) 872-6300
Listing date May 5, 2026
MLS# 501223
Listing URL
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.
A well-maintained two-family brick duplex offering two separate two-bedroom apartments. The building measures 20 by 46 feet on a 20 by 100 foot lot. The first-floor unit includes a custom kitchen with granite countertops, a fully tiled bathroom, and hardwood floors. The second-floor unit features a large living room, an eat-in kitchen, and access to the front balcony. Both units share access to an expansive private backyard suitable for entertaining, relaxing, or outdoor gatherings. Private parking is also available for added convenience.
Located in Brooklyn’s Old Mill Basin neighborhood, the property is near Kings Plaza Shopping Center and within reach of public transportation, including buses B2, B3, B9, B46, and B47. It is also positioned close to local schools, parks, and neighborhood amenities. The property is zoned R5.
This duplex can work well for an owner-occupant looking to live in one unit while maintaining a second unit for rental income, or for an investor seeking a turn-key, brick, two-family home. The home will be delivered vacant on closing, allowing for straightforward post-closing occupancy or planning. Schedule a private showing to review the layout and outdoor space in person.
Located in Brooklyn’s Old Mill Basin neighborhood, the property is near Kings Plaza Shopping Center and within reach of public transportation, including buses B2, B3, B9, B46, and B47. It is also positioned close to local schools, parks, and neighborhood amenities. The property is zoned R5.
This duplex can work well for an owner-occupant looking to live in one unit while maintaining a second unit for rental income, or for an investor seeking a turn-key, brick, two-family home. The home will be delivered vacant on closing, allowing for straightforward post-closing occupancy or planning. Schedule a private showing to review the layout and outdoor space in person.
Key Highlights
- Two‑family brick home with 20x46 building size on a 20x100 lot
- Each floor features a two‑bedroom layout, including living and eat‑in kitchen space
- First‑floor apartment includes a custom kitchen with granite countertops and a fully tiled bathroom
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 | $85.3k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $83.7k | $50.03 |
| − OpEx | −$25.1k | −$15.01 |
| NOI | $58.6k | $35.02 |
1,673 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$837.0K
$732.4K – $976.5K
NOI $58,591 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$729.6K
$638.4K – $851.3K
NOI $51,075 @ 7.0% cap · market cap 5.68%
Theoretical Best
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $96,967 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two well-maintained apartments with private backyard access and on-site parking, delivered vacant at closing.
Where is this duplex located?
The property is located at 1758 E 55th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,800.
What are key features of this property?
This property features: Two‑family brick home with 20x46 building size on a 20x100 lot; Each floor features a two‑bedroom layout, including living and eat‑in kitchen space; First‑floor apartment includes a custom kitchen with granite countertops and a fully tiled bathroom
