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Brick Duplex Building
For Sale
$825,000
Pending

720 E 53rd Street, Brooklyn, NY 11203

Residential Income, Brooklyn, NY

Property Size3,100 SF
Lot Size0.05 Acres
Days on Market201

Property Features for 720 E 53rd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 2, Bedroom 1, Bathroom 1
Basement Finished
Directions EAST FLATBUSH neighborhood - from Kings highway from a right onto Avenue D and then make a left onto E. 53rd Street (between Avenue D
Standard status Pending
APN 07928-0053
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8028

Utilities

Sewer type Public Sewer
Heating system Steam, Natural Gas
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1940
Number of units 2
Building materials Brick
Listing Agency: Keller Williams Realty NYC Grp
Listed By: Errol W. Lewis
Added: Apr 7 Changed: Oct 20 Last Checked: Oct 24 at 5:06PM
MLS# 981948

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.

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Investment Insights

Based on property information with market context.

This duplex is a solid brick residential building constructed in 1940, offering over 3100 sq ft of living space. The layout includes four bedrooms, two bathrooms, and a basement. Natural gas steam heat serves the property, while cooling is provided through window or wall/window units. The building is being offered as-is with tenants in place.

Located at 720 E 53rd Street in Brooklyn’s East Flatbush area, the property has public water and public sewer service. The parcel contains 0.0536 acres and is identified in ZIP Code 11203.

Key Highlights

  • Over 3100 sq ft of living space
  • Four bedrooms, two bathrooms, and a basement
  • Solid brick construction completed in 1940

Property Analytics

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Location Intelligence

Trade Area within ½ mile

2,074
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex with natural gas steam heat, window cooling, and public water and sewer.
Where is this duplex located?
The property is located at 720 E 53rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Over 3100 sq ft of living space; Four bedrooms, two bathrooms, and a basement; Solid brick construction completed in 1940
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