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Two-Unit Income Property, Brooklyn
For Sale
$1,580,000
Pending

346 52nd St, Brooklyn, NY 11220

Two-unit property generating $10,900 monthly income in Brooklyn.

Property SizeContact for details
Days on Market128

Property Features for 346 52nd St

General Information

Standard status Pending
Property subtype Multi Family

Building Details

Year Built 1920
Listing Agency: E House Realty & Mgt. Inc.
Listed By: David Feng
Source: Elliman
Added: Mar 31 Changed: Jul 10 Last Checked: Aug 5 at 11:23AM

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 E House Realty & Mgt. Inc.

Investment Insights

Based on property information with market context.

This two-family home presents an investment opportunity in a neighborhood experiencing rapid appreciation. The property includes two units, each featuring three bedrooms and one bathroom. The property generates $10,900 in total monthly income. Annual property taxes are $4,617. The location offers convenient access to local transit and major hubs. The property has a bike score of 76, indicating it is very bikeable. The walk score is 95, designating it as a walker's paradise, and the transit score is 95, classifying it as a rider's paradise.

Key Highlights

  • High monthly rental income of $10,900
  • Low annual property taxes of $4,617
  • Located in a rapidly appreciating neighborhood

Property Analytics

Current Use

The word of creation Textile Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,087
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property generating $10,900 monthly income in Brooklyn.
Where is this duplex located?
The property is located at 346 52nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: High monthly rental income of $10,900; Low annual property taxes of $4,617; Located in a rapidly appreciating neighborhood
More about this property
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