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Renovated Semi-Attached Home with Driveway

1818 E 37th Street Brooklyn, NY 11234

1818 E 37th Street, Brooklyn, NY, 11234
$795,000
For Sale
$795,000

SINGLE_FAMILY - Brooklyn, NY

Property Size994 SF
Lot Size0.04 Acres
Price / SF$799.80
Days on Market84

Property Features for 1818 E 37th Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
2
Bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking features
Carport
Interior features
Central Air - Split, Laundry Area, Microwave, Refrigerator, Stove, Washer
Basement
Finished, Full
Standard status
Active
Size
994 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
6180

Building Details

Year built
1920
Floors in Building
2
Flooring type
Hardwood
Architectural style
Other
Listing Agency Bergen Basin Realty LLC
5817 Avenue N, Brooklyn, NY
Listed by Denise N. Morris
Added: Apr 28 Checked: Jul 20 at 5:06 am
MLS# 500943 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.

1818 E 37th Street presents a beautifully renovated semi-attached home offering a bright living and dining area, a stylish kitchen with stainless steel appliances, and a full bathroom on the main level. The second floor includes two spacious bedrooms and a beautifully updated full bathroom. A finished basement adds flexible additional living space for a family room, home office, gym, or playroom.

A private driveway and outdoor space provide practical everyday convenience. The property is set within a residential zoning district (R3-2) and is described as being close to Marine Park, shopping, schools, restaurants, and transportation.

The home is positioned as move-in-ready and designed for comfortable day-to-day living, with key updates throughout and multiple levels of finished interior space.

Key Highlights

  • Renovated semi‑attached home at 1818 East 37th Street with 2 bedrooms and 2 bathrooms
  • Central air (split) plus hardwood flooring throughout
  • Updated kitchen with stainless steel appliances (microwave, refrigerator, stove)

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 $50.7k $51.00
− Vacancy −$963 −$0.97
EGI $49.7k $50.03
− OpEx −$14.9k −$15.01
NOI $34.8k $35.02
994 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$497.3K
$435.2K – $580.2K (±1% cap)
NOI $34,812 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$433.5K
$379.3K – $505.8K (±1% cap)
NOI $30,346 @ 7.0% cap · market cap 3.82%
Theoretical Best
Specialty Retail
$823.0K
$720.2K – $960.2K (±1% cap)
NOI $57,612 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture Nursing Home Bar & Pub Hotel & Motel

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

FAQs

What type of property is this?
Duplex - Move-in-ready semi-attached home with private driveway, updated kitchen with stainless appliances, two bedrooms, and finished basement.
Where is this duplex located?
The property is located at 1818 E 37th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Renovated semi‑attached home at 1818 East 37th Street with 2 bedrooms and 2 bathrooms; Central air (split) plus hardwood flooring throughout; Updated kitchen with stainless steel appliances (microwave, refrigerator, stove)
Contact an agent
More about this property
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