Duplex With Finished
For Sale
$698,000
1934 E 37th Street, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size1,008 SF
Lot Size0.04 Acres
Price / SF$692.46
Days on Market139
Property Features for 1934 E 37th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R3-2
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking features
Carport
Interior features
A/C Unit, Dryer, Refrigerator, Stove, Washer, Window Treatments
Basement
Finished, Full
Subdivision
Marine Park
Standard status
Active
Size
1,008 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4695
Amenities
covered front porch
rear yard with 2 sheds
basement entrance
semi-finished basement with 3/4 bath
family room
laundry room
Building Details
Year built
1925
Flooring type
Laminate, Carpet
Roof type
Flat
Architectural style
Other
Listing Agency:
Tracey Real Estate
Listed By:
Paul Link · License #LINUL8404
(718) 376-4994
Added: May 20
Changed: Sep 27
Last Checked: Oct 5 at 7:06PM
MLS# 501631
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.
This 1,008-square-foot duplex was built in 1925 on a 0.0413-acre lot. The main living areas include a covered front porch, living room, dining room, and full kitchen. Two bedrooms, a newly finished full bathroom, and closet storage are located on the upper level. The semi-finished basement adds a family room, 3/4 bathroom, laundry room, and separate exterior access.
Outdoor features include a rear yard with two storage sheds and a carport. Interior finishes include carpet and laminate flooring, while the property is equipped with an A/C unit, refrigerator, stove, washer, dryer, and window treatments. The property is zoned R3-2 and has a flat roof.
Outdoor features include a rear yard with two storage sheds and a carport. Interior finishes include carpet and laminate flooring, while the property is equipped with an A/C unit, refrigerator, stove, washer, dryer, and window treatments. The property is zoned R3-2 and has a flat roof.
Key Highlights
- 1,008 SF duplex on a 0.0413‑acre lot
- Two bedrooms with a new full bathroom on the upper level
- Semi‑finished basement with family room, 3/4 bathroom, and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,302
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,040
$706.0K
Cap Rate 7%
$504,314
$504.3K
Cap Rate 9%
$392,244
$392.2K
Market Conditions
NOI Build-Up for 1,008 SF
Gross rent
$51.4K $51.00/SF
− Vacancy
−$977 −$0.97/SF
EGI
$50.4K $50.03/SF
− OpEx
−$15.1K −$15.01/SF
NOI
$35.3K $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 Rate 5%
$706,040
Cap Rate 7%
$504,314
Cap Rate 9%
$392,244
Alternative Uses
Best Use
Multifamily LT 5
$504.3K
$441.3K – $588.4K
NOI $35,302 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$439.6K
$384.7K – $512.9K
NOI $30,773 @ 7.0% cap · market cap 4.41%
Theoretical Best
Specialty Retail
$834.6K
$730.3K – $973.7K
NOI $58,424 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,300
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level duplex with a covered porch, rear storage sheds, carport, and a semi-finished basement with laundry space.
Where is this duplex located?
The property is located at 1934 E 37th 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: 1,008 SF duplex on a 0.0413‑acre lot; Two bedrooms with a new full bathroom on the upper level; Semi‑finished basement with family room, 3/4 bathroom, and laundry room
