Two-Family Residential Income
4555 Kings Highway Brooklyn, NY 11234
For Sale
$725,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,432 SF
Lot Size0.05 Acres
Price / SF$506.28
Days on Market409
Property Features for 4555 Kings Highway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Porch
- Standard status
- Active
- Size
- 1,432 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5454
Building Details
- Year built
- 1945
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Block, Brick, Masonry
- Roof type
- Flat
Listing Agency:
Fine Choice Realty Inc
(718) 363-2200
Listed By:
Barrington Richards
(718) 363-2200
Added: Jun 11, 2025
Changed: Jul 22
Last Checked: Jul 24 at 12:06PM
MLS# 493393
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 two-family house includes a two-bedroom apartment on the second floor and a one-bedroom apartment on the first floor, each with its own separate entrance. The larger unit offers a living room, a kitchen with standard appliances, and a bathroom, with spacious bedrooms that receive some natural light. The one-bedroom unit has a more compact but functional layout.
The property is located in East Flatbush and described as being close to public transportation, shops, and parks.
A private driveway and built-in garage are additional conveniences associated with the home.
The property is located in East Flatbush and described as being close to public transportation, shops, and parks.
A private driveway and built-in garage are additional conveniences associated with the home.
Key Highlights
- Two‑family house with separate entrances: 2‑bedroom unit on the 2nd floor and 1‑bedroom unit on the 1st floor
- Private driveway with built‑in garage provides off‑street parking
- Hardwood flooring and porch
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 | $73.0k | $51.00 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $71.6k | $50.03 |
| − OpEx | −$21.5k | −$15.01 |
| NOI | $50.2k | $35.02 |
1,432 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$716.4K
$626.9K – $835.9K
NOI $50,151 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$624.5K
$546.5K – $728.6K
NOI $43,717 @ 7.0% cap · market cap 6.03%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.38M
NOI $82,999 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two separate apartments feature independent entrances and a private driveway with built-in garage.
Where is this duplex located?
The property is located at 4555 Kings Highway Brooklyn, NY.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two‑family house with separate entrances: 2‑bedroom unit on the 2nd floor and 1‑bedroom unit on the 1st floor; Private driveway with built‑in garage provides off‑street parking; Hardwood flooring and porch
