Brick Duplex with Attached
For Sale
$1,100,000
2075 E 55th Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size1,100 SF
Lot Size0.05 Acres
Price / SF$1,000
Days on Market189
Property Features for 2075 E 55th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
4
Full bathrooms
3
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Garage, Garage - Attached
Patio and Porch features
Porch
Interior features
Porch, Refrigerator, Stove
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
8366
Amenities
backyard
Building Details
Year built
1965
Flooring type
Parquet Wood, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Tree of Life Realty & Mgmt LLC
Listed By:
Larisa Elchananov
(646) 710-0602
Added: Apr 21
Changed: Oct 21
Last Checked: Oct 26 at 10:06PM
MLS# 500742
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 brick duplex was built in 1965 and contains approximately 1,100 square feet of property area. The residence includes two apartments, a porch, hardwood and parquet flooring, a flat roof, and an attached garage. A refrigerator and stove are also included. The property requires renovation, allowing the next owner to update the interior and finishes.
The home occupies a 0.0505-acre lot on E 55th Street in Brooklyn’s 11234 ZIP code. Shopping, restaurants, schools, and parks are located nearby, while the large backyard provides outdoor space for gatherings. Its two-family configuration and existing garage, porch, and yard provide a defined residential income property layout.
The home occupies a 0.0505-acre lot on E 55th Street in Brooklyn’s 11234 ZIP code. Shopping, restaurants, schools, and parks are located nearby, while the large backyard provides outdoor space for gatherings. Its two-family configuration and existing garage, porch, and yard provide a defined residential income property layout.
Key Highlights
- Two‑family duplex configuration
- Approximately 1,100 square feet of property area
- 0.0505‑acre lot in Brooklyn, NY 11234
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,524
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,480
$770.5K
Cap Rate 7%
$550,343
$550.3K
Cap Rate 9%
$428,044
$428.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$56.1K $51.00/SF
− Vacancy
−$1.1K −$0.97/SF
EGI
$55.0K $50.03/SF
− OpEx
−$16.5K −$15.01/SF
NOI
$38.5K $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%
$770,480
Cap Rate 7%
$550,343
Cap Rate 9%
$428,044
Alternative Uses
Best Use
Multifamily LT 5
$550.3K
$481.6K – $642.1K
NOI $38,524 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$479.7K
$419.8K – $559.7K
NOI $33,582 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$910.8K
$797.0K – $1.06M
NOI $63,756 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,809
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family residential property with a backyard, porch, hardwood flooring, and attached garage parking.
Where is this duplex located?
The property is located at 2075 E 55th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family duplex configuration; Approximately 1,100 square feet of property area; 0.0505‑acre lot in Brooklyn, NY 11234
