Renovated Two-Family Townhouse in
For Sale
$1,749,000
Pending
534 Kosciuszko St, Brooklyn, NY 11221
Meticulously renovated two-family townhouse in the heart of Brooklyn.
Property Size2,340 SF
Days on Market165
Property Features for 534 Kosciuszko St
General Information
Standard status
Pending
Size
2,340 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,054
Building Details
Building Size
2,340 SF
Year Built
1931
Stories
2
Listing Agency:
Revived Residential
Listed By:
Jean Paul Archange · License #JPA3273
(929) 379-3750
Source:
Elliman
Added: May 18
Changed: Oct 26
Last Checked: Oct 28 at 9:07AM
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 Revived Residential
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Investment Insights
Based on property information with market context.
This meticulously renovated two-family townhouse is situated in the heart of Brooklyn's vibrant cultural corridor. The property features original exposed brick walls and picture-frame wainscoting. The chef’s kitchen includes custom light-oak cabinetry, a waterfall quartz peninsula, and stainless-steel appliances. Custom herringbone oak floors are installed throughout. Bathrooms are finished with floor-to-ceiling gold-veined marble, matte-black rainfall showers, and custom grid-style glass enclosures. The finished lower level, featuring high-gloss porcelain floors and whitewashed brick pillars, is suitable for a private gym, media lounge, or home office. The property includes a private, horizontal-fenced backyard with a concrete patio, as well as an expansive rooftop deck with views of the Brooklyn skyline. The secondary unit is finished with luxury materials. The property is located minutes from the J/M/Z subway lines and Herbert Von King Park. Local establishments such as Saraghina, Peaches, and L'Antagoniste are nearby. The bike score is 87, indicating it is very bikeable. The walk score is 92, designating it as a walker's paradise. The transit score is 96, classifying it as a rider's paradise.
Key Highlights
- High‑income producing rental unit offsets mortgage costs.
- Meticulously renovated with high‑end finishes throughout, including a chef's kitchen and luxurious bathrooms.
- Enjoy two distinct outdoor spaces: private backyard and expansive rooftop deck with skyline views.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,951
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,639,020
$1.6M
Cap Rate 7%
$1,170,729
$1.2M
Cap Rate 9%
$910,567
$910.6K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$119.3K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$117.1K $50.03/SF
− OpEx
−$35.1K −$15.01/SF
NOI
$82.0K $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%
$1,639,020
Cap Rate 7%
$1,170,729
Cap Rate 9%
$910,567
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.37M
NOI $81,951 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$1.02M
$893.0K – $1.19M
NOI $71,438 @ 7.0% cap · market cap 4.08%
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.26M
NOI $135,626 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
5,059
Businesses Nearby
Explore this area
Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Meticulously renovated two-family townhouse in the heart of Brooklyn.
Where is this duplex located?
The property is located at 534 Kosciuszko St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: High‑income producing rental unit offsets mortgage costs.; Meticulously renovated with high‑end finishes throughout, including a chef's kitchen and luxurious bathrooms.; Enjoy **two distinct outdoor spaces**: private backyard and expansive rooftop deck with skyline views.
