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    Updated Two-Family Home Title is generated by Realmo AI

    2055 E 34th Street, Brooklyn, NY 11234

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    Claim this Listing
    New
    For Sale
    $995,000

    MULTI_FAMILY - Brooklyn, NY

    Type:Duplex
    Property size:
    1,890 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $526/SF
    Added:
    Jun 4, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 10 at 12:06 pm

    Property Features for 2055 E 34th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
    Parking features
    Garage - Attached
    Interior features
    A/C Unit - Window, Central Air, Laundry Area
    Basement
    Full, Finished
    Standard status
    Active
    Size
    1,890 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6361

    Building Details

    Year built
    1935
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Block
    Roof type
    Flat
    Architectural style
    Other

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    Listing Contact
    Thomas D'Alcamo Jr

    Listing agent Thomas D'Alcamo Jr

    Listing office Real Broker NY LLC 7610 13th Ave, Brooklyn, NY

    Listing date Jun 4, 2026

    MLS# 501995 Listing URL

    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.

    HighLights

    • 2‑family home built in 1935 with block construction and flat roof
    • Finished basement renovated in 2018 with two split‑system air conditioning units and a 3/4 bath
    • Updated kitchen renovated in 2016 plus laundry area
    • Recent mechanical and exterior updates: new boiler, new hot water heater, and roof recently flashed
    • Hardwood flooring throughout and central air
    • Newly built deck, attached garage, and community driveway

    Overview

    This updated two-family home offers flexible living and income potential with a finished basement renovated in 2018, including two split-system air conditioning units and a 3/4 bath. The first floor features an updated kitchen renovated in 2016 and a convenient half bath, supporting a practical day-to-day layout. Recent improvements include a new boiler, a new hot water heater, and a roof that has been recently flashed, providing added reliability for day one.

    Outside, the property includes a newly built deck for outdoor dining or gatherings. Parking is supported by a community driveway and a private garage. The home is located in Marine Park, close to park trails, sports fields, a golf course, and local shopping, dining, and transportation.

    For buyers seeking a well-maintained owner-occupied or investment property, the combination of interior updates and refreshed building systems can reduce immediate capital concerns. The finished basement adds additional usable space for recreation, a home office, or other tenant or household needs, while the deck and garage enhance day-to-day functionality.

    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 $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 (±1% cap)
    NOI $66,191 @ 7.0% cap · market cap 6.65%
    Second Best
    Apartment 5plus
    $824.3K
    $721.3K – $961.7K (±1% cap)
    NOI $57,700 @ 7.0% cap · market cap 5.80%
    Theoretical Best
    Specialty Retail
    $1.56M
    $1.37M – $1.83M (±1% cap)
    NOI $109,544 @ 7.0% cap · market cap 11.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.931435
    Latitude
    40.60792

    FAQs

    What type of property is this?
    Duplex - Move-in-ready two-family with renovated basement, updated kitchen, new mechanicals, and exterior deck plus private garage.
    Where is this duplex located?
    The property is located at 2055 E 34th Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 2‑family home built in 1935 with block construction and flat roof; Finished basement renovated in 2018 with two split‑system air conditioning units and a 3/4 bath; Updated kitchen renovated in 2016 plus laundry area
    More about this property
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