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Detached Single-Family Home
For Sale
$849,999

2021 E 61st Street, Brooklyn, NY 11234

Residential, Duplex, Brooklyn, NY

Property Size1,328 SF
Lot Size0.06 Acres
Price / SF$640.06
Days on Market152

Property Features for 2021 E 61st Street

General Information

Property type Residential
Property subtype Duplex
Zoning R5
Bedrooms 3
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features Garage - Detached
Interior features A/C Unit, Dryer, Refrigerator, Stove, Washer, Window Treatments
Basement Finished
Subdivision Old Mill Basin
Standard status Active
Size 1,328 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6505

Building Details

Year built 1920
Floors in Building 2
Flooring type Parquet Wood
Building materials Block
Architectural style Other
Listing Agency: Coldwell Banker LaBarca
Listed By: Michael McGuire
Added: May 29 Changed: Oct 20 Last Checked: Oct 27 at 2:06AM
MLS# 501840

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.

Fully detached single-family residence set on a 26x108 ft lot. The home offers 3 bedrooms and 1.5 bathrooms, with a spacious first floor featuring a family room and formal dining room with hardwood floors, plus a modern kitchen that provides direct access to the backyard and custom deck with a retractable awning. A private driveway leads to a detached 2-car garage, and the property includes a fully finished basement. Upstairs includes a pull-down staircase to a stand-up attic for storage.

Located in Mill Basin, the home is described as convenient to shopping, restaurants, parks, and schools.

With a move-in ready condition and multiple indoor living and storage areas, the layout is designed for comfortable day-to-day use.

Key Highlights

  • Detached single‑family home built in 1920 with 3 bedrooms and 1.5 bathrooms
  • Set on a 26x108 ft lot with a private driveway leading to a detached 2‑car garage
  • Full finished basement plus second‑floor layout with pull‑down staircase to a stand‑up attic for storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,542
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,840 $810.8K
Cap Rate 7%
$579,171 $579.2K
Cap Rate 9%
$450,467 $450.5K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$75.2K $56.64/SF
− Vacancy
−$1.5K −$1.13/SF
EGI
$73.7K $55.51/SF
− OpEx
−$33.2K −$24.98/SF
NOI
$40.5K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,840
Cap Rate 7%
$579,171
Cap Rate 9%
$450,467

Alternative Uses

Best Use
Apartment 5plus
$579.2K
$506.8K – $675.7K (±1% cap)
NOI $40,542 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.10M
$962.1K – $1.28M (±1% cap)
NOI $76,971 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,858
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

Frequently Asked Questions

What type of property is this?
Single family property - Move-in ready detached home with 3 bedrooms, 1.5 baths, and a detached 2-car garage on a private driveway.
Where is this single family property located?
The property is located at 2021 E 61st Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Detached single‑family home built in 1920 with 3 bedrooms and 1.5 bathrooms; Set on a 26x108 ft lot with a private driveway leading to a detached 2‑car garage; Full finished basement plus second‑floor layout with pull‑down staircase to a stand‑up attic for storage
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