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Renovated Two-Family Brick Duplex
For Sale
$1,070,000

2008 E 52nd Street, Brooklyn, NY 11234

Residential, Brooklyn, NY

Property Size2,108 SF
Lot Size0.04 Acres
Price / SF$507.59
Days on Market346

Property Features for 2008 E 52nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 3
Patio and Porch features Deck
Interior features A/C Unit, Deck, Dryer, Microwave, Refrigerator, Stove, Washer
Basement Full, Finished
Subdivision Old Mill Basin
Standard status Active
Size 2,108 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 7983

Amenities

private rear parking
Tesla charging station
front porch
rear porch

Building Details

Year built 1965
Number of units 2
Flooring type Hardwood, Tile, Carpet
Building materials Brick
Roof type Flat
Listing Agency: Century 21 Homefront Realty
Listed By: Muhammad Noman
Added: Oct 30, 2025 Changed: Oct 10 Last Checked: Oct 10 at 5:06PM
MLS# 497006

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 2,108-square-foot brick duplex combines a two-bedroom first-floor apartment with a seller-occupied upper duplex spanning the second and third floors. The upper residence includes three bedrooms, an open kitchen, an office nook, and a flexible additional room. A finished lower level provides hookups for a kitchenette and bathroom. Hardwood, tile, and carpet flooring are featured throughout, with a flat roof and deck areas adding to the physical improvements.

Recent updates include a new boiler, upgraded electrical service with a new panel, and air-conditioning equipment. The property also includes private rear parking with a Tesla charging station, front and rear porches, and a kitchen equipped with a granite countertop, refrigerator, stove, microwave, washer, and dryer. Located in Brooklyn, the property is zoned R5 and was built in 1965.

Key Highlights

  • 2,108‑square‑foot brick duplex on a 0.0409‑acre lot
  • First‑floor two‑bedroom apartment currently leased through June 2026
  • Upper duplex includes three bedrooms, an open kitchen, office nook, and additional flexible room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,826
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,476,520 $1.5M
Cap Rate 7%
$1,054,657 $1.1M
Cap Rate 9%
$820,289 $820.3K
Market Conditions
NOI Build-Up for 2,108 SF
Gross rent
$107.5K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$105.5K $50.03/SF
− OpEx
−$31.6K −$15.01/SF
NOI
$73.8K $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%
$1,476,520
Cap Rate 7%
$1,054,657
Cap Rate 9%
$820,289

Alternative Uses

Best Use
Multifamily LT 5
$1.05M
$922.8K – $1.23M (±1% cap)
NOI $73,826 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$919.4K
$804.4K – $1.07M (±1% cap)
NOI $64,355 @ 7.0% cap · market cap 6.01%
Theoretical Best
Specialty Retail
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,180 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Spa & Massage Center Skin Care Clinic

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,945
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Two-family layout includes a leased two-bedroom unit, seller-occupied upper residence, updated systems, and private rear parking.
Where is this duplex located?
The property is located at 2008 E 52nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,070,000.
What are key features of this property?
This property features: 2,108‑square‑foot brick duplex on a 0.0409‑acre lot; First‑floor two‑bedroom apartment currently leased through June 2026; Upper duplex includes three bedrooms, an open kitchen, office nook, and additional flexible room
More about this property
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