Renovated Brick
For Sale
$1,340,000
2075 E 54th Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size2,536 SF
Lot Size0.05 Acres
Price / SF$528.39
Days on Market221
Property Features for 2075 E 54th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
8
Full bathrooms
3
Half bathrooms
5
Rooms
Bedroom 6, Bathroom 6, Bathroom 1, Bathroom 7, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 8, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 3
Parking features
Offsite
Interior features
A/C Unit - Window, Dishwasher, Microwave, Refrigerator, Stove
Subdivision
Old Mill Basin
Standard status
Active
Size
2,536 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8300
Building Details
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Shingle
Listing Agency:
Exclusive Properties Realty In
Listed By:
Juda Niayzov
(718) 916-4618
Added: Mar 11
Changed: Oct 13
Last Checked: Oct 17 at 8:06AM
MLS# 499538
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.
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Investment Insights
Based on property information with market context.
This 2,536-square-foot brick duplex contains two residential apartments arranged above additional first-floor space. The upper residences include a three-bedroom, one-and-a-half-bath apartment on the third floor and a two-bedroom, one-bath apartment on the second floor. The first level provides adaptable room for recreation or home office use. Renovation work includes updated interiors, hardwood and tile flooring, and a shingle roof. Window A/C units and a kitchen appliance package with a dishwasher, microwave, refrigerator, and stove are included.
The property occupies 0.0452 acres at 2075 E 54th Street in Brooklyn, NY 11234. Shopping, restaurants, schools, and public transportation are identified nearby, with offsite parking listed among the property features.
The property occupies 0.0452 acres at 2075 E 54th Street in Brooklyn, NY 11234. Shopping, restaurants, schools, and public transportation are identified nearby, with offsite parking listed among the property features.
Key Highlights
- 2,536 square feet on a 0.0452‑acre lot
- Three‑bedroom, one‑and‑a‑half‑bath third‑floor apartment
- Two‑bedroom, one‑bath second‑floor apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,815
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,776,300
$1.8M
Cap Rate 7%
$1,268,786
$1.3M
Cap Rate 9%
$986,833
$986.8K
Market Conditions
NOI Build-Up for 2,536 SF
Gross rent
$129.3K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$126.9K $50.03/SF
− OpEx
−$38.1K −$15.01/SF
NOI
$88.8K $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%
$1,776,300
Cap Rate 7%
$1,268,786
Cap Rate 9%
$986,833
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,815 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$1.11M
$967.8K – $1.29M
NOI $77,421 @ 7.0% cap · market cap 5.78%
Theoretical Best
Specialty Retail
$2.10M
$1.84M – $2.45M
NOI $146,987 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
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
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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?
Duplex - Two residential apartments are paired with flexible first-floor space and modernized interiors in Brooklyn’s Old Mill Basin area.
Where is this duplex located?
The property is located at 2075 E 54th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: 2,536 square feet on a 0.0452‑acre lot; Three‑bedroom, one‑and‑a‑half‑bath third‑floor apartment; Two‑bedroom, one‑bath second‑floor apartment
