Brooklyn Two-Family Townhouse
60 Richmond Street Brooklyn, NY 11208
MULTI_FAMILY - Brooklyn, NY
Property size:
3,300 SFLot size:
0.04 Acres- Added:
- May 6, 2026
- Days on Market:
- 66
- Last Refresh:
- Jul 10 at 3:06 pm
Property Features for 60 Richmond Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Basement, Bedroom 9, Bedroom 3, Bedroom 5
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Chandelier, High Ceilings, Original Details
- Basement
- Finished, Full
- Standard status
- Pending
- APN
- 04102-0046
- Size
- 3,300 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6026
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Steam
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Brick
Listing agent Gabriel Kashi (347) 419-5268
Listing office Keystone Realty USA Corp 60 E Main St, E. Northport, NY (631) 261-2800
Listing date May 6, 2026
MLS# 995749
Listing URL
Copyright © 2026 OneKey MLS. 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.
Located in Brooklyn, NY, 60 Richmond Street is a semi-detached, belly brick townhouse situated on a picturesque block in Cypress Hills. This two-family property spans over 3300 square feet of living space and features original details. The property offers opportunities for primary homeowners, investors, and buyers looking to customize their residence. The current configuration includes a four-bedroom, one-bath unit over a three-bedroom, one-bath garden unit. Additionally, there is a high-ceiling, full-finished basement with both interior and exterior access. The lot size is 0.0413 acres. The property is located just off Jamaica Avenue, Ridgewood Avenue, and Fulton Street, providing access to restaurants, cafes, and shopping centers. It is also a short distance from Highland Park, Highland Baseball Field, and Highland Park Tennis court.
Key Highlights
- 20x56 semi‑detached brick townhouse built in 1910
- Over 3,300 sq ft with original details and high ceilings
- Two‑family layout: 4BR/1BA over 3BR/1BA garden unit
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 | $126.7k | $38.40 |
| − Vacancy | −$5.7k | −$1.73 |
| EGI | $121.0k | $36.67 |
| − OpEx | −$36.3k | −$11.00 |
| NOI | $84.7k | $25.67 |
3,300 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,712 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$1.08M
$942.9K – $1.26M
NOI $75,428 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,343 @ 7.0% cap · market cap 14.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious two-family townhouse in Cypress Hills with investment potential.
Where is this duplex located?
The property is located at 60 Richmond Street 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: 20x56 semi‑detached brick townhouse built in 1910; Over 3,300 sq ft with original details and high ceilings; Two‑family layout: 4BR/1BA over 3BR/1BA garden unit
