730 Kathleen Place Brooklyn, NY 11235
Custom four-level home with a heated above-ground pool and high-end finishes, offering a legal 2-family setup used as one.
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. (718) 668-2550
Listing date Jun 12, 2026
Source Crexi
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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.
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 |