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Two-Family Residence with Pool

730 Kathleen Place Brooklyn, NY 11235

730 Kathleen Place, Brooklyn, NY, 11235
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Custom four-level home with a heated above-ground pool and high-end finishes, offering a legal 2-family setup used as one.

Property Size3,900 SF
Price / SF$740.77
AddedJun 12
Days on Market35
Last RefreshJul 15 at 12:14 am

Property Features for 730 Kathleen Place

General Information

Standard status
Active
Size
3,900 SF
Property subtype
Multifamily

Building Details

Year Built
1935

Listing office Homes R Us Realty of NY, Inc.

Listing date Jun 12, 2026

Source Crexi

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 Homes R Us Realty of NY, Inc.


Investment Insights

Based on property information with market context.

This custom estate is a legal two-family property currently used as a single-family home, arranged across four finished levels. The exterior is all-around brick with a stucco second floor. Inside, an open concept layout runs front to back, anchored by a living room and a kitchen featuring 10-foot coffered ceilings and a gas fireplace. The kitchen includes premium appliances, quartz counters, a center island, a breakfast bar, and a dining area with a side entrance. Hardwood parquet flooring, Venetian wall accents, and a custom staircase add character, while heated floors in the kitchen and baths provide added comfort. The home also includes multiple balconies, a steam shower with a massage system, a jacuzzi tub, and an oversized walk-in closet with built-in mahogany cabinetry.

Outside, the property offers a three-car driveway, an integrated security camera system, and a large rear deck that opens to a paved backyard with a heated above-ground pool.

For buyers evaluating owner-occupied living with income flexibility, the legal two-family structure used as one may support multiple living arrangements. The combination of four finished levels, upscale interior details, and outdoor amenities such as the heated pool and deck can fit a wide range of residential income and lifestyle needs.

Key Highlights

  • Custom four‑level home (built 1935) set up as a legal 2‑family used as 1‑family.
  • All‑brick exterior with second‑floor stucco and a front‑to‑back open concept living and kitchen layout.
  • 10' coffered ceilings with a gas fireplace and a chef’s kitchen featuring quartz counters, center island, and premium appliances.

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 $198.9k $51.00
− Vacancy −$3.8k −$0.97
EGI $195.1k $50.03
− OpEx −$58.5k −$15.01
NOI $136.6k $35.02
3,900 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.95M
$1.71M – $2.28M (±1% cap)
NOI $136,585 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $119,063 @ 7.0% cap · market cap 4.12%
Theoretical Best
Specialty Retail
$3.23M
$2.83M – $3.77M (±1% cap)
NOI $226,044 @ 7.0% cap · market cap 7.82%
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

Real Estate Agency Parking Lot & Garage Hotel & Motel Nursing Home Catering Service Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Garden Center Coworking & Hybrid Office

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

FAQs

What type of property is this?
Duplex - Custom four-level home with a heated above-ground pool and high-end finishes, offering a legal 2-family setup used as one.
Where is this duplex located?
The property is located at 730 Kathleen Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,889,000.
What are key features of this property?
This property features: Custom four‑level home (built 1935) set up as a legal 2‑family used as 1‑family.; All‑brick exterior with second‑floor stucco and a front‑to‑back open concept living and kitchen layout.; 10' coffered ceilings with a gas fireplace and a chef’s kitchen featuring quartz counters, center island, and premium appliances.
Contact an agent
(718) 668-2550 Call to check price and availability
More about this property
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