Brick Triplex with Finished
For Sale
Contact for pricing
2066 E 54th Street, Brooklyn, NY 11234
Three apartments include a two-bedroom unit, duplex, and finished studio with separate kitchens and bathrooms.
Property Size2,760 SF
Lot Size0.06 Acres
Price / SF$471.01
Days on Market62
Property Features for 2066 E 54th Street
General Information
Standard status
Active
Size
2,760 SF
Total Parking Spaces
3
Lot size
0.06 Acres
Property subtype
Multifamily
Zoning
R5
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/2.5BA, 1 x studio
Multifamily Units
3
Additional Details
Public Transit
Yes
Amenities
laundry room
bar
Building Details
Year Built
1960
Buildings
1
Stories
3
Units
2
Construction
brick
Listing Agency:
Ashford Homes LLC
Listed By:
Lin Liu · License #10401365972
(929) 364-1301
Source:
Crexi
Added: Aug 19
Changed: Oct 12
Last Checked: Oct 19 at 4:55AM
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 Ashford Homes LLC
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Investment Insights
Based on property information with market context.
This brick triplex contains three separate apartments. The first-floor residence has 2 bedrooms and 1 bathroom, while the second- and third-floor duplex offers 4 bedrooms, 2.5 bathrooms, a large living room with a panoramic window, hardwood floors, a substantial kitchen, formal dining space, and balcony access. A finished ground-level studio includes its own kitchen and full bathroom with shower.
The basement adds a laundry room and bar, and the community driveway accommodates 3 cars. The property measures 25×100 for the lot and 20×46 for the building. Transit, walking, and biking access are reflected in a Walk Score of 84, Transit Score of 80, and Bike Score of 68. Kings Plaza Shopping Center is nearby.
The basement adds a laundry room and bar, and the community driveway accommodates 3 cars. The property measures 25×100 for the lot and 20×46 for the building. Transit, walking, and biking access are reflected in a Walk Score of 84, Transit Score of 80, and Bike Score of 68. Kings Plaza Shopping Center is nearby.
Key Highlights
- Triplex with 3 separate apartments, including a 4‑bedroom, 2.5‑bathroom duplex
- Finished ground‑level studio with kitchen and full bathroom with shower
- Lot measures 25×100; building measures 20×46
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,660
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,933,200
$1.9M
Cap Rate 7%
$1,380,857
$1.4M
Cap Rate 9%
$1,074,000
$1.1M
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$140.8K $51.00/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$138.1K $50.03/SF
− OpEx
−$41.4K −$15.01/SF
NOI
$96.7K $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%
$1,933,200
Cap Rate 7%
$1,380,857
Cap Rate 9%
$1,074,000
Alternative Uses
Best Use
Multifamily LT 5
$1.38M
$1.21M – $1.61M
NOI $96,660 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,260 @ 7.0% cap · market cap 6.48%
Theoretical Best
Specialty Retail
$2.29M
$2.00M – $2.67M
NOI $159,970 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,008
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments include a two-bedroom unit, duplex, and finished studio with separate kitchens and bathrooms.
Where is this triplex located?
The property is located at 2066 E 54th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Triplex with 3 separate apartments, including a 4‑bedroom, 2.5‑bathroom duplex; Finished ground‑level studio with kitchen and full bathroom with shower; Lot measures 25×100; building measures 20×46
