Two-Family Semi-Attached
324 E 52nd Street Brooklyn, NY 11203
324 E 52nd Street, Brooklyn, NY, 11203
$925,000
For Sale
$925,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,248 SF
Lot Size0.05 Acres
Price / SF$411.48
Days on Market80
Property Features for 324 E 52nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R5
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- 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
Listing Agency
Bergen Basin Realty LLC
(718) 787-4110
3120 Quentin Rd, Brooklyn, NY
Listed by
Lee S Wasserman
(718) 763-4110
Added: Apr 28 Checked: Jul 16 at 3:06 pm
MLS# 500952
Listing URL
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Investment Insights
Based on property information with market context.
This well-maintained two-family semi-attached brick home offers two distinct living areas. The landlord’s unit features three large bedrooms plus a fourth bedroom/office on the first floor. Updates include a main bathroom updated about four years ago and a kitchen with white quartz countertops and modern stainless-steel appliances. The layout includes a spacious living room, formal dining room, a convenient half bathroom, and a large pantry/desk space for storage.
A separate front entrance serves a large studio area with its own kitchen and bathroom. Updated mechanicals include a Weil McLain gas boiler, and the roof is approximately six years old. The property also includes a private yard, vineyard concord grapes and flowers, and a detached garage with a shared driveway.
Located at 324 E 52nd Street in Brooklyn, the home is within walking distance of the Kings Highway Train station and served by B7, B46, and B46-SBS bus routes. The property is zoned R5.
A separate front entrance serves a large studio area with its own kitchen and bathroom. Updated mechanicals include a Weil McLain gas boiler, and the roof is approximately six years old. The property also includes a private yard, vineyard concord grapes and flowers, and a detached garage with a shared driveway.
Located at 324 E 52nd Street in Brooklyn, the home is within walking distance of the Kings Highway Train station and served by B7, B46, and B46-SBS bus routes. The property is zoned R5.
Key Highlights
- 2‑family semi‑attached brick home with a detached garage and shared driveway
- Landlord unit includes 3 bedrooms plus a 4th bedroom/office on the first floor
- Private yard and separate front entrance for the studio, kitchen area, and bathroom
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
NOI $78,729 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$980.4K
$857.9K – $1.14M
NOI $68,629 @ 7.0% cap · market cap 7.42%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M
NOI $130,294 @ 7.0% cap · market cap 14.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family semi-attached brick home with separate front entrance, updated kitchen and bath, and private yard.
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 with a detached garage and shared driveway; Landlord unit includes 3 bedrooms plus a 4th bedroom/office on the first floor; Private yard and separate front entrance for the studio, kitchen area, and bathroom
