Brick Duplex with
New
For Sale
$899,000
1846 E 52nd Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size1,800 SF
Lot Size0.05 Acres
Price / SF$499.44
Days on Market1
Property Features for 1846 E 52nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4
Parking features
Garage
Interior features
A/C Unit - Window
Basement
Finished, Full
Subdivision
Old Mill Basin
Standard status
Active
Size
1,800 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
6103
Amenities
built-in garage
backyard
fully finished basement
tankless water heaters
new appliances
Building Details
Year built
1955
Floors in Building
2
Flooring type
Linoleum, Parquet Wood
Building materials
Brick
Roof type
Asphalt
Buildings
1
Listing Agency:
RE/MAX Elite
Listed By:
Stefano Diomede
(718) 690-3900
Added: Oct 26
Last Checked: Oct 26 at 7:06PM
MLS# 505626
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.
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Investment Insights
Based on property information with market context.
This 1,800-square-foot brick duplex was built in 1955 and contains two residential units. The property includes a built-in garage, a finished basement, and a backyard. Window air-conditioning, linoleum and parquet flooring, and tankless water heaters are among its existing features; the second-floor apartment has new appliances. The property can be delivered vacant.
The 0.0505-acre parcel is at 1846 E 52nd Street in Brooklyn. It is zoned R5.
The 0.0505-acre parcel is at 1846 E 52nd Street in Brooklyn. It is zoned R5.
Key Highlights
- Two‑family brick property with 1,800 square feet of building area
- Built‑in garage and backyard
- Finished basement provides additional interior space
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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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,447
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate living spaces, with a finished basement adding usable interior area.
Where is this duplex located?
The property is located at 1846 E 52nd Street 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: Two‑family brick property with 1,800 square feet of building area; Built‑in garage and backyard; Finished basement provides additional interior space
