Three-Bedroom Duplex with Private
New
For Sale
$948,000
2050 E 41st Street, Brooklyn, NY 11234
SINGLE_FAMILY - Brooklyn, NY
Property Size1,890 SF
Lot Size0.04 Acres
Price / SF$501.59
Days on Market4
Property Features for 2050 E 41st Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R5
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Interior features
Laundry Area, Stove
Basement
Finished
Subdivision
Flatlands
Standard status
Active
Size
1,890 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
6131
Amenities
finished basement
summer kitchen
Building Details
Year built
1925
Floors in Building
2
Flooring type
Parquet Wood
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
BHHS Fillmore R.E.
(718) 377-6161
Listed By:
Lucy Ciocia
(718) 377-6161
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 31 at 10:06PM
MLS# 503356
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.
Well maintained brick three-bedroom duplex offers move-in readiness with a finished basement and a practical layout. The finished basement includes both front and rear entrances, with fire-rated doors for added safety and convenience. The home also features a 3/4 bath and a summer kitchen. Interior details include a laundry area and stove, with parquet wood flooring.
Recent exterior and major system updates include a brand-new rubber roof, new gutters, new granite front steps, and a new A.O. Smith water heater. The renovated kitchen and updated bathroom support a turn-key feel with quality improvements throughout.
Set on a 0.0421-acre lot with 1,890 square feet, this property was built in 1925 and is constructed of brick with a flat roof. Private rear parking accommodates up to three cars, adding notable everyday convenience in an R5 zoned setting.
Recent exterior and major system updates include a brand-new rubber roof, new gutters, new granite front steps, and a new A.O. Smith water heater. The renovated kitchen and updated bathroom support a turn-key feel with quality improvements throughout.
Set on a 0.0421-acre lot with 1,890 square feet, this property was built in 1925 and is constructed of brick with a flat roof. Private rear parking accommodates up to three cars, adding notable everyday convenience in an R5 zoned setting.
Key Highlights
- 0.0421‑acre lot with 1,890 SF interior space in an R5 zoned duplex
- Finished basement with front and rear entrances plus fire‑rated doors
- Private rear parking for up to three cars
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 | $96.4k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $94.6k | $50.03 |
| − OpEx | −$28.4k | −$15.01 |
| NOI | $66.2k | $35.02 |
1,890 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$945.6K
$827.4K – $1.10M
NOI $66,191 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$824.3K
$721.3K – $961.7K
NOI $57,700 @ 7.0% cap · market cap 6.09%
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.83M
NOI $109,544 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,304
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R5 zoned brick three-bedroom duplex with finished basement, summer kitchen, and private rear parking for up to three cars.
Where is this duplex located?
The property is located at 2050 E 41st 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: 0.0421‑acre lot with 1,890 SF interior space in an R5 zoned duplex; Finished basement with front and rear entrances plus fire‑rated doors; Private rear parking for up to three cars
