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Brick Duplex with Roof Terrace
For Sale
$999,000

2157 E 33rd Street, Brooklyn, NY 11234

Residential, Duplex, Brooklyn, NY

Property Size2,250 SF
Lot Size0.06 Acres
Price / SF$444
Days on Market121

Property Features for 2157 E 33rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R4
Bedrooms 4
Bathrooms 3
Full bathrooms 1
Rooms Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 2
Parking features Garage
Interior features A/C Unit, Refrigerator, Stove
Basement Finished, Full
Subdivision Marine Park
Standard status Active
Size 2,250 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6700

Amenities

private driveway
built-in garage
private backyard
roof terrace

Building Details

Year built 1935
Floors in Building 3
Number of units 2
Flooring type Tile, Parquet Wood
Building materials Brick
Roof type Shingle, Flat
Architectural style Other
Listing Agency: Pride Estates
Listed By: Mitchell Feldman
Added: Jun 12 Changed: Oct 3 Last Checked: Oct 10 at 5:06AM
MLS# 502275

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.

This 1935 semi-detached brick duplex contains approximately 2,250 square feet across two residences. The upper home is arranged as a three-bedroom, two-bath duplex with a living room, updated kitchen with dinette, hardwood flooring, and closet storage. A separate one-bedroom apartment occupies the lower level. The property also includes a private driveway, built-in garage, backyard, and roof terrace. Gas heat and hot water serve the building, with an A/C unit, refrigerator, and stove included among the interior features.

The home is positioned across from Marine Park and near shopping, restaurants, and B3 and B2 bus stops. R4 zoning, a 25' x 100' lot, and a 20' x 45' building footprint provide clear physical and land-use context for the property.

Key Highlights

  • Two‑family duplex with a 3‑bedroom, 2‑bath upper residence and separate 1‑bedroom apartment
  • 2,250 square feet of building area on a 0.0566‑acre lot
  • 25' x 100' lot with a 20' x 45' building footprint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,799
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,575,980 $1.6M
Cap Rate 7%
$1,125,700 $1.1M
Cap Rate 9%
$875,544 $875.5K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$114.8K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$112.6K $50.03/SF
− OpEx
−$33.8K −$15.01/SF
NOI
$78.8K $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%
$1,575,980
Cap Rate 7%
$1,125,700
Cap Rate 9%
$875,544

Alternative Uses

Best Use
Multifamily LT 5
$1.13M
$985.0K – $1.31M (±1% cap)
NOI $78,799 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$981.3K
$858.6K – $1.14M (±1% cap)
NOI $68,690 @ 7.0% cap · market cap 6.88%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,410 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,877
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family layout includes a three-bedroom upper residence and a separate one-bedroom apartment.
Where is this duplex located?
The property is located at 2157 E 33rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑family duplex with a 3‑bedroom, 2‑bath upper residence and separate 1‑bedroom apartment; 2,250 square feet of building area on a 0.0566‑acre lot; 25' x 100' lot with a 20' x 45' building footprint
More about this property
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