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Semi-Attached Two-Family Brick Home

58 Louisa Street Brooklyn, NY 11218

58 Louisa Street, Brooklyn, NY, 11218
$1,790,000
For Sale
$1,790,000

MULTI_FAMILY - Brooklyn, NY

Property Size1,872 SF
Lot Size0.05 Acres
Price / SF$956.20
Days on Market51

Property Features for 58 Louisa Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Parking features
Garage - Detached
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Finished, Full
Standard status
Active
Size
1,872 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
8680

Building Details

Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency Real Broker NY LLC
7610 13th Ave, Brooklyn, NY
Listed by Ichok Landau
Added: Jun 1 Updated: Jun 8 at 4:31 pm Checked: Jul 21 at 12:06 am
MLS# 501911 Listing URL

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 semi-attached two-family brick home offers separate living arrangements across two floors plus additional finished basement space. The first floor features two bedrooms, two bathrooms, a living room, dining room, and kitchen. The second floor provides three bedrooms, one bathroom, a kitchen, a dining area, and a front porch. Downstairs, the finished basement adds further usable space, supporting flexible day-to-day needs for residents or added value for an operator. The property also includes a garage and a shared driveway.

Located on a quiet residential street in the Borough Park/Kensington area of Brooklyn, the home is positioned for buyers who want a neighborhood setting. The property is zoned R5, supporting continued residential use. With both a garage and shared driveway, day-to-day parking and access are built into the overall configuration.

This setup can work well for end users looking to offset living costs with on-site rental income, as well as investors evaluating a two-family structure with multiple bedroom layouts. The combination of two distinct unit configurations, a finished basement, and attached site amenities like the garage makes it a practical option for serious buyers seeking a residential income opportunity in a desirable Brooklyn area.

Key Highlights

  • Brick semi‑attached 2‑family home with finished basement and a detached garage
  • First floor layout includes 2 bedrooms, 2 bathrooms, living room, dining room, and kitchen
  • Second floor includes 3 bedrooms, 1 bathroom, kitchen, dining area, and a front porch

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 $95.5k $51.00
− Vacancy −$1.8k −$0.97
EGI $93.7k $50.03
− OpEx −$28.1k −$15.01
NOI $65.6k $35.02
1,872 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$936.6K
$819.5K – $1.09M (±1% cap)
NOI $65,561 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K (±1% cap)
NOI $57,150 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,501 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Parking Lot & Garage Skin Care Clinic Hair Salon Nail Salon Gym & Fitness Center (Bike/Boat/Book/etc) Store Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A semi-attached two-family brick home with finished basement and garage, well-suited for buyers seeking rental income.
Where is this duplex located?
The property is located at 58 Louisa Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: Brick semi‑attached 2‑family home with finished basement and a detached garage; First floor layout includes 2 bedrooms, 2 bathrooms, living room, dining room, and kitchen; Second floor includes 3 bedrooms, 1 bathroom, kitchen, dining area, and a front porch
Contact an agent
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