Brick Duplex with Built-In
New
For Sale
$899,000
1846 E 52nd St, Brooklyn, NY 11234
A finished basement, backyard, and tankless water heaters add practical features to this two-family residence.
Property Size1,800 SF
Days on Market2
Property Features for 1846 E 52nd St
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,103
Amenities
built-in garage
backyard
finished basement
tankless water heaters
new appliances
Building Details
Building Size
1,800 SF
Year Built
1955
Buildings
1
Stories
2
Construction
brick
Listing Agency:
RE/MAX Elite
Listed By:
Stefano Diomede · License #10301215508
(718) 690-3900
Source:
Elliman
Added: Oct 28
Last Checked: Oct 28 at 3:55PM
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 Elite
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Investment Insights
Based on property information with market context.
Built in 1955, this brick duplex contains two family units and includes a built-in garage, backyard, and fully finished basement. Tankless water heaters serve the property, and the second-floor apartment has new appliances. The property may be delivered vacant.
At 1846 E 52nd St in Brooklyn, the home has a walk score of 84, a transit score of 80, and a bike score of 68.
At 1846 E 52nd St in Brooklyn, the home has a walk score of 84, a transit score of 80, and a bike score of 68.
Key Highlights
- Brick two‑family home built in 1955
- Built‑in garage and backyard
- Fully finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,039
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,780
$1.3M
Cap Rate 7%
$900,557
$900.6K
Cap Rate 9%
$700,433
$700.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$91.8K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$90.1K $50.03/SF
− OpEx
−$27.0K −$15.01/SF
NOI
$63.0K $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%
$1,260,780
Cap Rate 7%
$900,557
Cap Rate 9%
$700,433
Alternative Uses
Best Use
Multifamily LT 5
$900.6K
$788.0K – $1.05M
NOI $63,039 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$785.0K
$686.9K – $915.9K
NOI $54,952 @ 7.0% cap · market cap 6.11%
Theoretical Best
Specialty Retail
$1.49M
$1.30M – $1.74M
NOI $104,328 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,447
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 - A finished basement, backyard, and tankless water heaters add practical features to this two-family residence.
Where is this duplex located?
The property is located at 1846 E 52nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Brick two‑family home built in 1955; Built‑in garage and backyard; Fully finished basement
