Duplex with Private
511 E 54th St, Brooklyn, NY 11203
For Sale
New
$989,000
Residential Income, Brooklyn, NY
Property Size1,834 SF
Lot Size0.05 Acres
Price / SF$539.26
Days on Market5
Property Features for 511 E 54th St
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Security features
Interior features
Subdivision
Standard status
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Amenities
hardwood floors
central air
dishwasher
in-unit laundry
private parking
private yard
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
5 BORO REALTY CORP
(917) 705-0005
Listed By:
Nina Sabag · License NY #10311207532
855-305-DEAL
Added: Nov 11
Changed: Nov 15
Last Checked: Nov 15 at 6:06PM
MLS# 12069576
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,834-square-foot brick duplex contains two units with five bedrooms and two full bathrooms in total. Built in 1950, the property features hardwood flooring, central air, a dishwasher, and in-unit laundry with a washer and dryer. Each residence has separate utility service. The building measures 22 by 49 feet and sits on a 0.0517-acre lot with a private yard and parking.
The property is at 511 E 54th St in Brooklyn. Kings Highway, Beverley Road, and Clarendon Road are nearby, along with schools, shops, restaurants, and parks.
The property is at 511 E 54th St in Brooklyn. Kings Highway, Beverley Road, and Clarendon Road are nearby, along with schools, shops, restaurants, and parks.
Key Highlights
- Two‑unit property with five bedrooms and two full bathrooms combined
- 1,834 square feet on a 0.0517‑acre lot
- Separate utility service for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,230
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,284,600
$1.3M
Cap Rate 7%
$917,571
$917.6K
Cap Rate 9%
$713,667
$713.7K
Market Conditions
NOI Build-Up for 1,834 SF
Gross rent
$93.5K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$91.8K $50.03/SF
− OpEx
−$27.5K −$15.01/SF
NOI
$64.2K $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%
$1,284,600
Cap Rate 7%
$917,571
Cap Rate 9%
$713,667
Alternative Uses
Best Use
Multifamily LT 5
$917.6K
$802.9K – $1.07M
NOI $64,230 @ 7.0% cap · market cap 6.49%
Second Best
Apartment 5plus
$799.9K
$699.9K – $933.2K
NOI $55,990 @ 7.0% cap · market cap 5.66%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.77M
NOI $106,299 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,819
Businesses Nearby
Explore this area
Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences have separate utilities, with a private yard and on-site parking.
Where is this duplex located?
The property is located at 511 E 54th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Two‑unit property with five bedrooms and two full bathrooms combined; 1,834 square feet on a 0.0517‑acre lot; Separate utility service for each unit
