Two-Family Townhouse with
205 34th Street Brooklyn, NY 11232
205 34th Street, Brooklyn, NY, 11232
$1,950,000
For Sale
$1,950,000
Two-family townhouse featuring a fully finished basement, modern kitchen updates, and an oversized private garden.
Property Size3,075 SF
Price / SF$634.15
Days on Market104
Property Features for 205 34th Street
General Information
- Standard status
- Active
- Size
- 3,075 SF
- Property subtype
- Multi Family Townhouse
Building Details
- Year Built
- 1910
Listing agency
Brown Harris Stevens Brooklyn LLC
(718) 613-2810
Listed by
Joanna Mayfield Marks · License #10301205645
(718) 613-2810
Source
Compass
Added: Apr 10 Updated: Jul 22 at 4:26AM Checked: Jul 22 at 4:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens Brooklyn LLC
Investment Insights
Based on property information with market context.
This two-family, four-bedroom, three-bath townhouse includes a fully finished basement and a thoughtfully updated interior with pre-war character and modern improvements. The owner’s level offers a large open living and dining space with access to an enormous native garden, along with a modern kitchen featuring an apron sink, custom cabinetry, built-ins, a center island, a vertical oven and microwave, and a dishwasher. Bedrooms and a renovated windowed modern bath are located on the next level up, and the primary bedroom includes a Juliet balcony overlooking the garden. A mini-split HVAC system and an in-unit washer and dryer support everyday comfort.
The top-floor tenant suite has its own entrance and is described as fully renovated, offering two bedrooms and one full bath. The property is located in the Greenwood neighborhood, with the N/R subway line described as two express stops into Manhattan and Industry City described as one block away.
Additional convenience is provided by the fully finished basement, which the remarks note as suitable for office and storage use.
The top-floor tenant suite has its own entrance and is described as fully renovated, offering two bedrooms and one full bath. The property is located in the Greenwood neighborhood, with the N/R subway line described as two express stops into Manhattan and Industry City described as one block away.
Additional convenience is provided by the fully finished basement, which the remarks note as suitable for office and storage use.
Key Highlights
- Two‑family townhouse with 4 bedrooms and 3 bathrooms, plus a fully finished basement
- Year built 1910 with pre‑war character and a modern kitchen with Schuyler custom cabinetry, center island, and GE dishwasher
- Mini split HVAC system for year‑round comfort and in‑unit laundry with washer/dryer allowed and in‑unit laundry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.8k | $51.00 |
| − Vacancy | −$3.0k | −$0.97 |
| EGI | $153.8k | $50.03 |
| − OpEx | −$46.2k | −$15.01 |
| NOI | $107.7k | $35.02 |
3,075 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.54M
$1.35M – $1.79M
NOI $107,692 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$1.34M
$1.17M – $1.56M
NOI $93,877 @ 7.0% cap · market cap 4.81%
Theoretical Best
Specialty Retail
$2.55M
$2.23M – $2.97M
NOI $178,227 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family townhouse featuring a fully finished basement, modern kitchen updates, and an oversized private garden.
Where is this duplex located?
The property is located at 205 34th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two‑family townhouse with 4 bedrooms and 3 bathrooms, plus a fully finished basement; Year built 1910 with pre‑war character and a modern kitchen with Schuyler custom cabinetry, center island, and GE dishwasher; Mini split HVAC system for year‑round comfort and in‑unit laundry with washer/dryer allowed and in‑unit laundry
