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    East Flatbush Two-Family Home Title is generated by Realmo AI

    324 E 52nd Street, Brooklyn, NY 11203

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    Claim this Listing
    For Sale
    $925,000

    MULTI_FAMILY - Brooklyn, NY

    Type:Duplex
    Property size:
    2,248 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $411/SF
    Added:
    Apr 28, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 22 at 1:06 pm

    Property Features for 324 E 52nd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R5
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 1
    Parking features
    Garage - Detached
    Interior features
    Refrigerator, Stove
    Standard status
    Active
    Size
    2,248 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6600

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

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    Listing Contact
    Lee S Wasserman

    Listing agent Lee S Wasserman

    Listing office Bergen Basin Realty LLC 3120 Quentin Rd, Brooklyn, NY

    Listing date Apr 28, 2026

    MLS# 500952 Listing URL

    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.

    HighLights

    • 2‑family semi‑attached brick home built in 1920 with separate front entrance for the studio area
    • Landlord unit offers 3 bedrooms plus a 4th bedroom/office on the first floor
    • Updated main bathroom (approx. 4 years ago) with European tile and design
    • Kitchen features white quartz countertops and stainless‑steel appliances; includes refrigerator and stove
    • Weil McLain gas boiler and roof approx. 6 years old
    • Detached garage, shared driveway, and a private yard with vineyard concord grapes

    Overview

    This semi-attached two-family home is located on a tree-lined block in East Flatbush. The landlord's unit includes three large bedrooms and a fourth bedroom/office on the first floor. The main bathroom was updated four years ago with European tile and design. The home features a spacious living room with dark cherry bamboo floors that flow into the formal dining room. The kitchen has been updated with white quartz countertops and modern stainless-steel appliances. A half bathroom and large pantry/desk space provide storage. There is a separate front entrance for the large studio, kitchen area, and bathroom. The property has updated mechanicals, including a Weil McLain gas boiler, and the roof is approximately six years old. The backyard features vineyard concord grapes, flowers, a detached garage, and a shared driveway. The property is near shopping, restaurants, houses of worship, and mass transit, including the Kings Highway Train station and B7, B46, and B46-SBS buses. The lot size is 0.0459 acres, and the property size is 2248 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $114.6k $51.00
    − Vacancy −$2.2k −$0.97
    EGI $112.5k $50.03
    − OpEx −$33.7k −$15.01
    NOI $78.7k $35.02
    2,248 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.12M
    $984.1K – $1.31M (±1% cap)
    NOI $78,729 @ 7.0% cap · market cap 8.51%
    Second Best
    Apartment 5plus
    $980.4K
    $857.9K – $1.14M (±1% cap)
    NOI $68,629 @ 7.0% cap · market cap 7.42%
    Theoretical Best
    Specialty Retail
    $1.86M
    $1.63M – $2.17M (±1% cap)
    NOI $130,294 @ 7.0% cap · market cap 14.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.92884
    Latitude
    40.652924

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home in prime East Flatbush, Brooklyn.
    Where is this duplex located?
    The property is located at 324 E 52nd Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: 2‑family semi‑attached brick home built in 1920 with separate front entrance for the studio area; Landlord unit offers 3 bedrooms plus a 4th bedroom/office on the first floor; Updated main bathroom (approx. 4 years ago) with European tile and design
    More about this property
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