Two-Family Townhouse with English
352 New York Avenue Brooklyn, NY 11213
352 New York Avenue, Brooklyn, NY, 11213
$2,300,000
Pending
For Sale
$2,300,000
Pending
Two-family townhouse with six bedrooms, three full baths, and a finished English basement with a separate entry.
Property Size3,375 SF
Lot Size0.05 Acres
Days on Market132
Property Features for 352 New York Avenue
General Information
- Standard status
- Pending
- Size
- 3,375 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1901
Listing agency
Compass
(917) 407-8840
Listed by
Malika Oyo
(917) 407-8840
Source
Compass
Added: Mar 13 Updated: Jul 21 at 4:19AM Checked: Jul 22 at 9:14AM
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 Compass
Investment Insights
Based on property information with market context.
352 New York Avenue is a classic barrel-front two-family townhouse with preserved turn-of-the-century architectural details and a flexible, expanded layout. The home includes hand-inlaid hardwood floors, wood moldings, coffered ceilings, pocket doors, and elegant columns, along with features such as a skylit dumbwaiter airshaft, tin ceilings, built-ins, and preserved porcelain finishes. The configuration provides six bedrooms and three full baths, plus generous walk-in closets, separate dining rooms, and two laundry rooms. A finished English basement with a separate entry adds additional versatility, and there is an elevated front garden, a landscaped backyard, and a second-floor deck off the primary bedroom.
The property is set on a 20’ x 100’ lot on a uniform block just off the Eastern Parkway Greenway in Crown Heights. Remarks note approximately 2,660 square feet of unused FAR, presenting opportunities to expand or reconfigure while retaining the home’s historic character.
The property is set on a 20’ x 100’ lot on a uniform block just off the Eastern Parkway Greenway in Crown Heights. Remarks note approximately 2,660 square feet of unused FAR, presenting opportunities to expand or reconfigure while retaining the home’s historic character.
Key Highlights
- Two‑family townhouse built in 1901 with six bedrooms and three full baths
- 20' x 100' lot with elevated front garden and landscaped backyard
- Includes hand‑inlaid hardwood floors, wood moldings, coffered ceilings, pocket doors, and columns
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 | $172.1k | $51.00 |
| − Vacancy | −$3.3k | −$0.97 |
| EGI | $168.9k | $50.03 |
| − OpEx | −$50.7k | −$15.01 |
| NOI | $118.2k | $35.02 |
3,375 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.69M
$1.48M – $1.97M
NOI $118,198 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$1.47M
$1.29M – $1.72M
NOI $103,035 @ 7.0% cap · market cap 4.48%
Theoretical Best
Specialty Retail
$2.79M
$2.45M – $3.26M
NOI $195,615 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family townhouse with six bedrooms, three full baths, and a finished English basement with a separate entry.
Where is this duplex located?
The property is located at 352 New York Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Two‑family townhouse built in 1901 with six bedrooms and three full baths; 20' x 100' lot with elevated front garden and landscaped backyard; Includes hand‑inlaid hardwood floors, wood moldings, coffered ceilings, pocket doors, and columns