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    Detached Two-Family Home with Pool Title is generated by Realmo AI

    34 Amherst Street, Brooklyn, NY 11235

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    For Sale
    $1,750,000

    MULTI_FAMILY - Brooklyn, NY

    Type:Duplex
    Property size:
    4,618 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $378/SF
    Added:
    Aug 10, 2025
    Days on Market:
    299
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for 34 Amherst Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R3-1
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1
    Parking features
    Garage - Detached
    Patio and Porch features
    Porch
    Interior features
    Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Pool, Porch, Refrigerator, Stove, Terrace, Washer, Window Treatments
    Basement
    Full, Finished
    Standard status
    Active
    Size
    4,618 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    22888

    Utilities

    Water front
    1

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Ceramic, Hardwood
    Building materials
    Brick, Wood Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Diana Melerud
    Diana Melerud

    Listing agent Diana Melerud

    Listing office Superior Realty Service 139 Oxford Street, Brooklyn, NY

    Listing date Aug 10, 2025

    MLS# 494931 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

    • Detached 2‑family home built in 1925 with a finished basement and high ceilings
    • Central air and central heat; includes 2 boilers and 2 water heaters
    • In‑ground pool in the fenced backyard, plus two porches off both living rooms
    • Detached garage with parking for 3–4 cars
    • Kitchen and laundry amenities include dishwasher, microwave, refrigerator, stove, washer and dryer
    • Building size 23 x 46 on a 40 x 100 lot

    Overview

    This detached two-family home is built for comfortable, self-contained living with two big porches off the living rooms and large room sizes throughout. Interior highlights include a finished basement with high ceilings, a large bathroom featuring a Jacuzzi tub and sauna, decorative ceiling moldings, and high hat lighting. The property includes two boilers and two water heaters, along with central A/C and central heat, plus ample storage and closet space. Outside, the rear yard is fully fenced and features an inground pool, while a detached garage and parking for 3–4 cars add day-to-day convenience.

    Located in Brooklyn (11235), the home sits on a desirable street near trains, buses, parks, the Bay, and beaches. It is also minutes from stores and restaurants, with nearby schools including P.S. 195, Bay Academy, and Goldstein High School. Zoning is R3-1.

    As a for-sale investment or owner-occupied setup, the layout and separate two-family configuration can support flexible income potential while still offering substantial amenities for tenants or family use. The combination of central comfort, a pool-focused backyard, and dedicated garage and parking should appeal to renters seeking more than a basic multifamily unit.
    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 Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.952939
    Latitude
    40.580897

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    FAQs

    What type of property is this?
    Duplex - A detached two-family residence with central HVAC, a finished basement, and an inground pool with fenced yard.
    Where is this duplex located?
    The property is located at 34 Amherst Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Detached 2‑family home built in 1925 with a finished basement and high ceilings; Central air and central heat; includes 2 boilers and 2 water heaters; In‑ground pool in the fenced backyard, plus two porches off both living rooms
    (347) 554-8282
    We can help!
    Listing Contact
    Diana Melerud
    Diana Melerud
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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