Two-Story Duplex with Finished
For Sale
$698,000
1799 52nd Street, Brooklyn, NY 11234
Flexible residential layout with an office-ready room, two bathrooms, and shared driveway access.
Property Size1,476 SF
Price / SF$472.90
Days on Market678
Property Features for 1799 52nd Street
General Information
Standard status
Active
Size
1,476 SF
Property subtype
Single Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,330
Building Details
Year Built
1930
Stories
2
Listing Agency:
Momentum Real Estate LLC
Listed By:
Xiaowei (Vivian) Zou
(718) 382-0001
Source:
Exitrealty
Added: Dec 19, 2024
Changed: Oct 25
Last Checked: Sep 15 at 4:58AM
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 Momentum Real Estate LLC
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Investment Insights
Based on property information with market context.
This two-story duplex provides a practical residential layout with a kitchen, dining area, living room, and an office room on the main level. The office can also serve as an additional bedroom. The upper floor contains two bedrooms and a full bathroom, while the finished basement adds a second bathroom and additional usable space.
The property includes a shared driveway and is positioned near Kings Plaza Mall, local shopping, and public transportation. Built in 1930, the home contains 1,476 square feet and combines multiple living areas with a finished lower level.
The property includes a shared driveway and is positioned near Kings Plaza Mall, local shopping, and public transportation. Built in 1930, the home contains 1,476 square feet and combines multiple living areas with a finished lower level.
Key Highlights
- 1,476‑square‑foot duplex built in 1930
- Two‑story layout with kitchen, dining area, living room, and office room
- Office room can function as an additional bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,692
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,033,840
$1.0M
Cap Rate 7%
$738,457
$738.5K
Cap Rate 9%
$574,356
$574.4K
Market Conditions
NOI Build-Up for 1,476 SF
Gross rent
$75.3K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$73.8K $50.03/SF
− OpEx
−$22.2K −$15.01/SF
NOI
$51.7K $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%
$1,033,840
Cap Rate 7%
$738,457
Cap Rate 9%
$574,356
Alternative Uses
Best Use
Multifamily LT 5
$738.5K
$646.2K – $861.5K
NOI $51,692 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$643.7K
$563.3K – $751.0K
NOI $45,061 @ 7.0% cap · market cap 6.46%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,549 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,169
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Flexible residential layout with an office-ready room, two bathrooms, and shared driveway access.
Where is this duplex located?
The property is located at 1799 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: 1,476‑square‑foot duplex built in 1930; Two‑story layout with kitchen, dining area, living room, and office room; Office room can function as an additional bedroom
