Colonial Multi-Unit Residential
871 E 55th Street Brooklyn, NY 11234
871 E 55th Street, Brooklyn, NY, 11234
$799,900
For Sale
$799,900
MULTI_FAMILY - Brooklyn, NY
Property Size2,123 SF
Lot Size0.05 Acres
Price / SF$376.78
Days on Market23
Property Features for 871 E 55th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bathroom 1
- Parking features
- Garage
- Interior features
- Laundry Area
- Standard status
- Active
- Size
- 2,123 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7535
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
Tom Marco Real Estate
(718) 998-7100
1801 Stillwell Ave, Brooklyn, NY
Listed by
Thomas Marcotrigiano
(718) 998-7100
Added: Jun 25 Checked: Jul 17 at 1:06 pm
MLS# 502414
Listing URL
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Investment Insights
Based on property information with market context.
This Colonial-style multi-unit residential property includes a main residence with 3 bedrooms and 1.5 bathrooms and a separate rental unit with 2 bedrooms and 1 bathroom. Both units feature hardwood flooring throughout, and the main living area includes an open-concept living room designed to make efficient use of interior space. The layout supports a range of occupancy strategies, whether for owner-occupancy with tenants or for fully tenant-managed use.
The property sits on a private driveway with a built-in one-car garage, providing dedicated off-street parking and convenient day-to-day access. The listing is located in East Flatbush within Brooklyn, NY.
For tenants or owners seeking a straightforward multi-unit setup, the existing bedroom and bathroom mix can support different household needs while keeping the interiors consistent with durable hardwood flooring. The private driveway and attached one-car garage add practical value for occupants who prioritize parking. Contact us to schedule a showing and review how the current configuration may align with your residency and rental plans.
The property sits on a private driveway with a built-in one-car garage, providing dedicated off-street parking and convenient day-to-day access. The listing is located in East Flatbush within Brooklyn, NY.
For tenants or owners seeking a straightforward multi-unit setup, the existing bedroom and bathroom mix can support different household needs while keeping the interiors consistent with durable hardwood flooring. The private driveway and attached one-car garage add practical value for occupants who prioritize parking. Contact us to schedule a showing and review how the current configuration may align with your residency and rental plans.
Key Highlights
- Colonial multi‑unit property built in 1955 with brick construction
- Main residence offers 3 bedrooms and 1.5 bathrooms; rental unit includes 2 bedrooms and 1 bathroom
- Hardwood flooring throughout and an open‑concept living room layout
Local Financial Insights For Apartment 5plus
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 | $120.2k | $56.64 |
| − Vacancy | −$2.4k | −$1.13 |
| EGI | $117.8k | $55.51 |
| − OpEx | −$53.0k | −$24.98 |
| NOI | $64.8k | $30.53 |
2,123 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$929.4K – $1.24M
NOI $74,351 @ 7.0% cap · market cap 9.30%
Second Best
Apartment 5plus
$925.9K
$810.2K – $1.08M
NOI $64,813 @ 7.0% cap · market cap 8.10%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.05M
NOI $123,049 @ 7.0% cap · market cap 15.38%
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 - Colonial-style multi-unit home offering flexible bedroom and bathroom configurations plus hardwood floors and private off-street parking.
Where is this duplex located?
The property is located at 871 E 55th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Colonial multi‑unit property built in 1955 with brick construction; Main residence offers 3 bedrooms and 1.5 bathrooms; rental unit includes 2 bedrooms and 1 bathroom; Hardwood flooring throughout and an open‑concept living room layout
