Brick Duplex with
New
For Sale
$1,498,000
2078 Pearson Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size3,682 SF
Lot Size0.05 Acres
Price / SF$406.84
Days on Market2
Property Features for 2078 Pearson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
5
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 5, Bathroom 2, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 4
Parking features
Garage - Attached
Patio and Porch features
Porch, Deck
Interior features
A/C Unit - Wall, A/C Unit - Window, Deck, Dishwasher, Dryer, Garage Door Opener(s), Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer, Window Treatments
Basement
Finished, Full
Subdivision
Old Mill Basin
Standard status
Active
Size
3,682 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9853
Amenities
balcony
deck
backyard
laundry room
finished basement
Building Details
Year built
1970
Floors in Building
4
Number of units
3
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Aaron J. Eagle
(718) 763-4110
Added: Oct 21
Last Checked: Oct 22 at 1:06AM
MLS# 505240
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 attached brick duplex contains 3,682 square feet and was built in 1970. The larger residence has four bedrooms, 2.5 bathrooms, two living rooms, a dining room, den, and an eat-in kitchen with a breakfast nook. The primary bedroom includes a private bathroom and walk-in closet. A laundry room and balcony add to the layout. The second residence has two bedrooms, one bathroom, and an eat-in kitchen. A separate finished area with a 3/4 bathroom provides additional space and access to the backyard.
Outdoor features include a deck, porch, and backyard on a 0.049-acre lot. Parking is provided by a private driveway and attached one-car garage with an automatic opener. The property is zoned R5 and is near MTA and express bus service, the Belt Parkway, Flatbush Junction’s #2 and #5 trains, and the Sheepshead Bay Q train station.
Outdoor features include a deck, porch, and backyard on a 0.049-acre lot. Parking is provided by a private driveway and attached one-car garage with an automatic opener. The property is zoned R5 and is near MTA and express bus service, the Belt Parkway, Flatbush Junction’s #2 and #5 trains, and the Sheepshead Bay Q train station.
Key Highlights
- Two‑family attached brick property with 3,682 square feet
- Main residence has 4 bedrooms and 2.5 bathrooms; second residence has 2 bedrooms and 1 bathroom
- Built in 1970 on a 0.049‑acre lot; zoned R5
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,950
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,579,000
$2.6M
Cap Rate 7%
$1,842,143
$1.8M
Cap Rate 9%
$1,432,778
$1.4M
Market Conditions
NOI Build-Up for 3,682 SF
Gross rent
$187.8K $51.00/SF
− Vacancy
−$3.6K −$0.97/SF
EGI
$184.2K $50.03/SF
− OpEx
−$55.3K −$15.01/SF
NOI
$128.9K $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%
$2,579,000
Cap Rate 7%
$1,842,143
Cap Rate 9%
$1,432,778
Alternative Uses
Best Use
Multifamily LT 5
$1.84M
$1.61M – $2.15M
NOI $128,950 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$1.61M
$1.41M – $1.87M
NOI $112,408 @ 7.0% cap · market cap 7.50%
Theoretical Best
Specialty Retail
$3.05M
$2.67M – $3.56M
NOI $213,409 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,183
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct layouts, with outdoor space and a private driveway for parking.
Where is this duplex located?
The property is located at 2078 Pearson Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Two‑family attached brick property with 3,682 square feet; Main residence has 4 bedrooms and 2.5 bathrooms; second residence has 2 bedrooms and 1 bathroom; Built in 1970 on a 0.049‑acre lot; zoned R5
