Two-Family Duplex with Finished
757 54th Street, Brooklyn, NY 11220
For Sale
New
$1,988,000
Residential, Brooklyn, NY
Property Size2,892 SF
Lot Size0.05 Acres
Price / SF$687.41
Days on Market2
Property Features for 757 54th Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License NY HC3855
(917) 708-9966
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 506068
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.
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Investment Insights
Based on property information with market context.
This attached brick duplex contains 2,892 square feet on a 0.046-acre lot. The first and second floors each have three bedrooms and two full bathrooms, creating a six-bedroom, four-bathroom layout across two residences. A finished basement adds further interior space. Hardwood and tile flooring, window air-conditioning units, a refrigerator, and a stove are among the interior features. The property was built in 1920 and is zoned R6B.
Located in Brooklyn, the property is near the 8th Avenue commercial district, where restaurants, supermarkets, shopping, and public transportation are available.
Located in Brooklyn, the property is near the 8th Avenue commercial district, where restaurants, supermarkets, shopping, and public transportation are available.
Key Highlights
- Attached two‑family brick property with 2,892 square feet of interior space
- 20' × 100' lot; building dimensions are 20' × 47'
- Three bedrooms and two full bathrooms on each of the two floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,108
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,722,160
$1.7M
Cap Rate 7%
$1,230,114
$1.2M
Cap Rate 9%
$956,756
$956.8K
Market Conditions
NOI Build-Up for 2,892 SF
Gross rent
$128.4K $44.40/SF
− Vacancy
−$5.4K −$1.86/SF
EGI
$123.0K $42.54/SF
− OpEx
−$36.9K −$12.76/SF
NOI
$86.1K $29.77/SF
Area
ZIP 11220
Vacancy
4.20%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,722,160
Cap Rate 7%
$1,230,114
Cap Rate 9%
$956,756
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,108 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$1.10M
$964.0K – $1.29M
NOI $77,120 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$1.87M
$1.64M – $2.19M
NOI $131,237 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7,625
Businesses Nearby
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Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living levels each provide three bedrooms and two full bathrooms, with additional finished space below grade.
Where is this duplex located?
The property is located at 757 54th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,988,000.
What are key features of this property?
This property features: Attached two‑family brick property with 2,892 square feet of interior space; 20' × 100' lot; building dimensions are 20' × 47'; Three bedrooms and two full bathrooms on each of the two floors
