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Detached Duplex with Finished Basement
For Sale
$948,000

1920 E 52nd Street, Brooklyn, NY 11234

MULTI_FAMILY - Brooklyn, NY

Property Size1,950 SF
Lot Size0.07 Acres
Price / SF$486.15
Days on Market325

Property Features for 1920 E 52nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Interior features Refrigerator, Stove
Basement Full, Finished
Subdivision Old Mill Basin
Standard status Active
Size 1,950 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 7168

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Listing Agency: Winzone Realty Inc
Listed By: Bin Hu Zhan
Added: Sep 23, 2025 Changed: Aug 3 Last Checked: Aug 13 at 2:06PM
MLS# 496034

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.

Detached two-dwelling duplex with a full finished basement and two separate entrances. The first floor is approximately 20x56 and includes a living room, dining room, kitchen, two bedrooms, and a full bathroom, along with a huge sunlight room. The second floor is approximately 20x41 with a similar layout: living room, dining room, kitchen, two bedrooms, and a full bathroom. The basement is fully finished and includes two recreation rooms and a bathroom. Interior includes a refrigerator and stove. The property was built in 1925 and sits on a 29x100 lot (0.0654 acres).

Set at 1920 E 52nd Street in Brooklyn (11234), the property features a wide private driveway and a huge backyard that can park 3+ cars. It is described as convenient to Kings Plaza shopping center and Marine Park, with nearby bus service noted as B2, B3, B9, B41, and B46. The listing also references the school district including PS207 and Jhs 278.

Zoned R5, this is a two-family configuration with separate levels for day-to-day use, plus basement space that can support additional recreation or flexible rooms.

Key Highlights

  • Zoned R5
  • Detached two‑dwelling duplex with full finished basement and two separate entrances
  • First floor approx. 20x56 with living room, dining room, kitchen, two bedrooms, full bathroom, and sunlight room

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,292
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.20%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,365,840 $1.4M
Cap Rate 7%
$975,600 $975.6K
Cap Rate 9%
$758,800 $758.8K
Market Conditions
NOI Build-Up for 1,950 SF 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.
Gross rent
$99.5K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$97.6K $50.03/SF
− OpEx
−$29.3K −$15.01/SF
NOI
$68.3K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,365,840
Cap Rate 7%
$975,600
Cap Rate 9%
$758,800

Alternative Uses

Best Use
Multifamily LT 5
$975.6K
$853.7K – $1.14M (±1% cap)
NOI $68,292 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$850.4K
$744.1K – $992.2K (±1% cap)
NOI $59,531 @ 7.0% cap · market cap 6.28%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $113,022 @ 7.0% cap · market cap 11.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Big Drip Car Wash Barricella Bro's Landscaping Landscaping

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Bar & Pub Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,447
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R5 zoned detached two-dwelling duplex with a full finished basement and two separate entrances.
Where is this duplex located?
The property is located at 1920 E 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $948,000.
What are key features of this property?
This property features: Zoned R5; Detached two‑dwelling duplex with full finished basement and two separate entrances; First floor approx. 20x56 with living room, dining room, kitchen, two bedrooms, full bathroom, and sunlight room
More about this property
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