Duplex with Finished
For Sale
$1,630,000
336 57th Street #2FAM, Brooklyn, NY 11220
Two-family residential property offering separate living arrangements and access to neighborhood transit, retail, schools, and parks.
Property Size3,278 SF
Price / SF$497.25
Days on Market18
Property Features for 336 57th Street #2FAM
General Information
Standard status
Active
Size
3,278 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,032
Building Details
Building Size
3,278 SF
Year Built
1925
Listing Agency:
Keller Williams NYC
Listed By:
Rongzhen Wang
(212) 301-1140
Source:
Miradorrealestate
Added: Aug 18
Changed: Aug 28
Last Checked: Sep 2 at 1:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams NYC
Investment Insights
Based on property information with market context.
This 1925 duplex is configured as a two-family residence with approximately 3,278 total square feet on a 20 x 100 lot. A full finished basement adds usable space to the property’s two-unit layout, supporting an owner-occupant arrangement, multigenerational living, or rental use.
The property is located on a residential block in Sunset Park, near restaurants, shopping, schools, parks, and public transportation. The N and R trains at 59th St are two blocks away, providing connections throughout Brooklyn and into Manhattan. WalkScore is 97, TransitScore is 86, and BikeScore is 82.
The property is located on a residential block in Sunset Park, near restaurants, shopping, schools, parks, and public transportation. The N and R trains at 59th St are two blocks away, providing connections throughout Brooklyn and into Manhattan. WalkScore is 97, TransitScore is 86, and BikeScore is 82.
Key Highlights
- Two‑family duplex with a full finished basement
- Approximately 3,278 total square feet on a 20 x 100 lot
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$97,601
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,952,020
$2.0M
Cap Rate 7%
$1,394,300
$1.4M
Cap Rate 9%
$1,084,456
$1.1M
Market Conditions
NOI Build-Up for 3,278 SF
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.
Gross rent
$145.5K $44.40/SF
− Vacancy
−$6.1K −$1.86/SF
EGI
$139.4K $42.54/SF
− OpEx
−$41.8K −$12.76/SF
NOI
$97.6K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,952,020
Cap Rate 7%
$1,394,300
Cap Rate 9%
$1,084,456
Alternative Uses
Best Use
Multifamily LT 5
$1.39M
$1.22M – $1.63M
NOI $97,601 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,413 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$2.13M
$1.86M – $2.48M
NOI $148,753 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residential property offering separate living arrangements and access to neighborhood transit, retail, schools, and parks.
Where is this duplex located?
The property is located at 336 57th Street #2FAM Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,630,000.
What are key features of this property?
This property features: Two‑family duplex with a full finished basement; Approximately 3,278 total square feet on a 20 x 100 lot; Built in 1925
