Three-Story Brick Duplex
For Sale
$1,599,000
2355 Stuart Street, Brooklyn, NY 11229
Residential, Brooklyn, NY
Property Size1,320 SF
Lot Size0.09 Acres
Price / SF$1,211
Days on Market276
Property Features for 2355 Stuart Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
5
Full bathrooms
3
Half bathrooms
2
Rooms
Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 5
Parking features
Garage
Patio and Porch features
Porch
Interior features
A/C Unit - Wall, Porch, Stove, Terrace
Basement
Finished
Subdivision
Marine Park
Standard status
Active
Size
1,320 SF
Lot size
0.09 Acres
Amenities
patios
private driveway
recreation room
Building Details
Number of units
2
Flooring type
Ceramic, Hardwood
Building materials
Brick
Listing Agency:
Brisman Realty
Listed By:
Elky Brisman
(718) 677-0988
Added: Jan 15
Changed: Oct 13
Last Checked: Oct 18 at 10:06PM
MLS# 498393
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 detached three-story brick duplex property is arranged with split-level apartments and a finished basement recreation room. The first floor includes two bedrooms, a living room, kitchen, and bath. The upper levels provide four bedrooms on the second floor and three bedrooms on the third, with living or dining areas, kitchens, and two baths on each level. Interior finishes include ceramic and hardwood flooring, while wall-mounted A/C units, a stove, porch, and terrace are included. A new roof and brick pointing add recent exterior improvements.
The property occupies a 40X100 lot with a private driveway, garage, two patios, and substantial side and rear yard areas. It is located on a residential block near Marine Park and the Salt Marsh Nature Center and Nature Trail. The address is 2355 Stuart Street, Brooklyn, NY 11229.
The property occupies a 40X100 lot with a private driveway, garage, two patios, and substantial side and rear yard areas. It is located on a residential block near Marine Park and the Salt Marsh Nature Center and Nature Trail. The address is 2355 Stuart Street, Brooklyn, NY 11229.
Key Highlights
- Three‑story detached brick multifamily property on a 40X100 lot
- First floor includes 2 bedrooms; second floor has 4 bedrooms; third floor has 3 bedrooms
- Basement recreation room, 2 patios, private driveway, garage, and side and rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,229
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,580
$924.6K
Cap Rate 7%
$660,414
$660.4K
Cap Rate 9%
$513,656
$513.7K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$67.3K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$66.0K $50.03/SF
− OpEx
−$19.8K −$15.01/SF
NOI
$46.2K $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%
$924,580
Cap Rate 7%
$660,414
Cap Rate 9%
$513,656
Alternative Uses
Best Use
Multifamily LT 5
$660.4K
$577.9K – $770.5K
NOI $46,229 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$575.7K
$503.7K – $671.6K
NOI $40,298 @ 7.0% cap · market cap 2.52%
Theoretical Best
Specialty Retail
$1.09M
$956.3K – $1.28M
NOI $76,507 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,443
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
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 - Detached brick residence with split-level apartments, private parking, patios, and a recreation basement.
Where is this duplex located?
The property is located at 2355 Stuart Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Three‑story detached brick multifamily property on a 40X100 lot; First floor includes 2 bedrooms; second floor has 4 bedrooms; third floor has 3 bedrooms; Basement recreation room, 2 patios, private driveway, garage, and side and rear yard
