Detached Two-Family
34 Amherst Street Brooklyn, NY 11235
34 Amherst Street, Brooklyn, NY, 11235
$1,650,000
For Sale
$1,650,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,174 SF
Lot Size0.09 Acres
Price / SF$519.85
Days on Market17
Property Features for 34 Amherst Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-1
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Parking features
- Garage - Detached
- Patio and Porch features
- Porch
- Interior features
- Central Air, Dishwasher, Pool, Porch, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,174 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 24261
Building Details
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick, Wood Frame
Listing Agency
Amerihomes Realty of NY, Inc
(718) 447-2626
593 Midland Ave, Staten Island, NY
Listed by
Victor Li
(718) 447-2626
Added: Jun 30 Checked: Jul 16 at 7:06 pm
MLS# 502676
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.
Investment Insights
Based on property information with market context.
This detached two-family residence sits on a 40' x 100' lot with an approximately 23' x 46' building footprint. The home offers expansive, sun-filled interiors with oversized rooms, decorative ceiling moldings, recessed lighting, central air conditioning and heating, abundant closet space, and substantial storage. Two porches extend from the living rooms. A finished basement with soaring ceilings adds flexible living or recreation space, including a spa-inspired bathroom with a Jacuzzi tub and sauna. The home also has two separate boilers and two water heaters. Outside, the fully fenced backyard is designed for privacy and entertaining, highlighted by an in-ground swimming pool.
The property is located in Brooklyn and is described as being just moments from the beach and the bay, as well as neighborhood parks, shopping, restaurants, public transportation, and highly regarded schools. Named schools in the remarks include P.S. 195, Bay Academy, and Goldstein High School. Additional site features include a stately granite and wrought-iron fence, a detached garage, and a private driveway accommodating 2–3 vehicles. Zoning is listed as R3-1.
For buyers considering a renovation, the layout and scale provide room to reconfigure and update a two-family property with both indoor and outdoor amenities. The basement’s bathroom features and generous ceiling height support use as recreation, wellness, or additional living space, while the separate building systems and multi-vehicle arrival can be practical for an owner-occupant or rental setup.
The property is located in Brooklyn and is described as being just moments from the beach and the bay, as well as neighborhood parks, shopping, restaurants, public transportation, and highly regarded schools. Named schools in the remarks include P.S. 195, Bay Academy, and Goldstein High School. Additional site features include a stately granite and wrought-iron fence, a detached garage, and a private driveway accommodating 2–3 vehicles. Zoning is listed as R3-1.
For buyers considering a renovation, the layout and scale provide room to reconfigure and update a two-family property with both indoor and outdoor amenities. The basement’s bathroom features and generous ceiling height support use as recreation, wellness, or additional living space, while the separate building systems and multi-vehicle arrival can be practical for an owner-occupant or rental setup.
Key Highlights
- Detached two‑family residence on a 40' x 100' lot with a 23' x 46' building footprint
- Finished basement with soaring ceilings, spa‑inspired bathroom with Jacuzzi tub and sauna
- Central air and heating, plus 2 boilers and 2 water heaters
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 | $161.9k | $51.00 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $158.8k | $50.03 |
| − OpEx | −$47.6k | −$15.01 |
| NOI | $111.2k | $35.02 |
3,174 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,159 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$1.38M
$1.21M – $1.61M
NOI $96,899 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$2.63M
$2.30M – $3.07M
NOI $183,965 @ 7.0% cap · market cap 11.15%
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 - Substantial detached duplex on a fully fenced lot with a detached garage, private driveway, and in-ground pool.
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 $1,650,000.
What are key features of this property?
This property features: Detached two‑family residence on a 40' x 100' lot with a 23' x 46' building footprint; Finished basement with soaring ceilings, spa‑inspired bathroom with Jacuzzi tub and sauna; Central air and heating, plus 2 boilers and 2 water heaters