Bedford-Stuyvesant Two-Family
For Sale
$945,000
Pending
347 Pulaski St, Brooklyn, NY 11206
Two-family house in Bedford-Stuyvesant needing renovation.
Property Size2,100 SF
Lot Size0.05 Acres
Days on Market324
Property Features for 347 Pulaski St
General Information
Standard status
Pending
Size
2,100 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,167
Building Details
Building Size
2,100 SF
Year Built
1899
Stories
3
Listing Agency:
Ben Bay Realty Co
Listed By:
Anthony Mussolino
(718) 238-6080
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 6
Last Checked: Oct 16 at 11:14AM
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 Ben Bay Realty Co
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Investment Insights
Based on property information with market context.
Located in Bedford-Stuyvesant, this two-family house is suitable for experienced investors, contractors, or flippers. The property requires renovation and is offered as-is, with tenants and any existing violations. The house, also known as 331 Pulaski, was built in 1899. It features front and rear entrances to the basement, and utilizes gas for heat and hot water. The house size is 20' x 35', situated on a 20' x 100' lot. The annual taxes are $2,167. Offers must be all cash or a 1031 exchange, with proof of funds required. Note that interior access is not currently available.
Key Highlights
- Excellent opportunity for experienced investors/contractors/flippers.
- Located in Bedford‑Stuyvesant.
- Two‑family house.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,546
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,470,920
$1.5M
Cap Rate 7%
$1,050,657
$1.1M
Cap Rate 9%
$817,178
$817.2K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$107.1K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$105.1K $50.03/SF
− OpEx
−$31.5K −$15.01/SF
NOI
$73.5K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,470,920
Cap Rate 7%
$1,050,657
Cap Rate 9%
$817,178
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$919.3K – $1.23M
NOI $73,546 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$915.9K
$801.4K – $1.07M
NOI $64,111 @ 7.0% cap · market cap 6.78%
Theoretical Best
Specialty Retail
$1.74M
$1.52M – $2.03M
NOI $121,716 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 11206, NY
91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family house in Bedford-Stuyvesant needing renovation.
Where is this duplex located?
The property is located at 347 Pulaski St Brooklyn, NY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Excellent opportunity for experienced investors/contractors/flippers.; Located in Bedford‑Stuyvesant.; Two‑family house.
