All-Brick Two-Family Duplex with
For Sale
$1,025,000
2069 E 55th Street, Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
Property Size1,100 SF
Lot Size0.05 Acres
Price / SF$931.82
Days on Market102
Property Features for 2069 E 55th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
5
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 2, Bathroom 3
Patio and Porch features
Porch
Interior features
A/C Unit, A/C Unit - Wall, Porch
Basement
Finished
Subdivision
Old Mill Basin
Standard status
Active
Size
1,100 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8451
Amenities
balconies
hardwood floors
washer/dryer hookup
yard
Building Details
Year built
1970
Number of units
2
Flooring type
Laminate, Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tree of Life Realty & Mgmt LLC
(646) 710-0602
Listed By:
Larisa Elchananov
(646) 710-0602
Added: Apr 22
Changed: Jul 31
Last Checked: Aug 1 at 7:06AM
MLS# 500780
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.
An all-brick two-family duplex with two 3-bedroom apartments, each featuring 1.5 baths, eat-in kitchens, and open living/dining and dining/room layouts. The home includes balconies and hardwood floors throughout, with a porch and flat roof. A finished vacant level adds a full bath, washer/dryer hookups, and backyard access.
The property sits on a 0.0505-acre lot and includes a private driveway for two cars. The interior includes A/C units and flooring spanning hardwood, laminate, and tile. Built in 1970, this duplex is configured for both investor and end-user occupancy.
Additional practical details include multiple bathrooms across the layout (Rooms listed as Bathroom 1 through Bathroom 5), and exterior backyard access that supports flexible day-to-day use.
The property sits on a 0.0505-acre lot and includes a private driveway for two cars. The interior includes A/C units and flooring spanning hardwood, laminate, and tile. Built in 1970, this duplex is configured for both investor and end-user occupancy.
Additional practical details include multiple bathrooms across the layout (Rooms listed as Bathroom 1 through Bathroom 5), and exterior backyard access that supports flexible day-to-day use.
Key Highlights
- All‑brick two‑family duplex with flat roof
- Two 3‑bedroom apartments with 1.5 baths, eat‑in kitchens, and balconies
- Finished vacant level with full bath, washer/dryer hookups, and backyard access
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 | $56.1k | $51.00 |
| − Vacancy | −$1.1k | −$0.97 |
| EGI | $55.0k | $50.03 |
| − OpEx | −$16.5k | −$15.01 |
| NOI | $38.5k | $35.02 |
1,100 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$550.3K
$481.6K – $642.1K
NOI $38,524 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$479.7K
$419.8K – $559.7K
NOI $33,582 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$910.8K
$797.0K – $1.06M
NOI $63,756 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,008
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two 3-bedroom units plus a finished vacant level with full bath, washer/dryer hookups, and backyard access.
Where is this duplex located?
The property is located at 2069 E 55th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: All‑brick two‑family duplex with flat roof; Two 3‑bedroom apartments with 1.5 baths, eat‑in kitchens, and balconies; Finished vacant level with full bath, washer/dryer hookups, and backyard access
