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    Renovated Two-Family Brick Residence

    997 E 52nd Street Brooklyn, NY 11234

    997 E 52nd Street, Brooklyn, NY, 11234
    $949,000
    Pending
    For Sale
    Claim this Listing
    $949,000
    Pending

    MULTI_FAMILY - Brooklyn, NY

    Property Size2,024 SF
    Lot Size0.05 Acres
    AddedMar 27
    Days on Market111
    Last RefreshJul 15 at 2:06 am

    Property Features for 997 E 52nd Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1
    Parking features
    Driveway
    Interior features
    First Floor Bedroom, Chefs Kitchen, Granite Counters, Recessed Lighting, Walk Through Kitchen
    Standard status
    Pending
    APN
    07970-0009
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7237

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Energy Star Qualified Equipment (Heating)
    Cooling system
    ENERGY STAR Qualified Equipment
    Water source
    Public

    Building Details

    Year built
    1955
    Number of units
    2
    Building materials
    Brick

    Listing agent Gabriel Kashi

    Listing office Keystone Realty USA Corp 60 E Main St, E. Northport, NY

    Listing date Mar 27, 2026

    MLS# 977530 Listing URL

    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.

    Investment Insights

    Based on property information with market context.

    This renovated brick two-family residence, spanning 2,024 square feet, offers a turn-key living experience with income-generating potential. The property features private parking and is configured as a three-bedroom, one-bath owner's duplex over a two-bedroom, one-bath garden unit. Both units boast expansive, sun-drenched, modern, open-concept living and dining areas, ideal for entertaining. The chef's kitchens are equipped with floor-to-ceiling custom cabinetry and stainless steel appliances. The spacious bedrooms offer ample closet space, and the fully tiled bathrooms are adorned with state-of-the-art wall and floor tiles. Renovations include new select wide oak wood flooring, recessed lighting, and energy-efficient split-unit A/C systems, along with new electrical, heating, and plumbing systems throughout. Located just off Foster Avenue, Kings Highway, and Utica Avenue, the property provides convenient access to major transportation, schools, shopping centers, restaurants, cafes, parks, and other neighborhood amenities. The lot size is 0.0505 acres.

    Key Highlights

    • 22x46 built brick two‑family with 2,024 sq ft of living space (Year built 1955)
    • Layout: 3BR/1BA owners duplex over a 2BR/1BA garden unit
    • Chefs kitchens with granite counters and full‑height custom cabinetry plus stainless steel 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 $103.2k $51.00
    − Vacancy −$2.0k −$0.97
    EGI $101.3k $50.03
    − OpEx −$30.4k −$15.01
    NOI $70.9k $35.02
    2,024 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.01M
    $886.1K – $1.18M (±1% cap)
    NOI $70,884 @ 7.0% cap · market cap 7.47%
    Second Best
    Apartment 5plus
    $882.7K
    $772.4K – $1.03M (±1% cap)
    NOI $61,791 @ 7.0% cap · market cap 6.51%
    Theoretical Best
    Specialty Retail
    $1.68M
    $1.47M – $1.96M (±1% cap)
    NOI $117,311 @ 7.0% cap · market cap 12.36%
    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

    Law Firm Real Estate Agency Gym & Fitness Center (Bike/Boat/Book/etc) Store Parking Lot & Garage Acupuncture Dental Office Skin Care Clinic Spa & Massage Center Nursing Home

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

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    FAQs

    What type of property is this?
    Duplex - Turn-key Brooklyn two-family with parking and income potential.
    Where is this duplex located?
    The property is located at 997 E 52nd Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: 22x46 built brick two‑family with 2,024 sq ft of living space (Year built 1955); Layout: 3BR/1BA owners duplex over a 2BR/1BA garden unit; Chefs kitchens with granite counters and full‑height custom cabinetry plus stainless steel appliances
    Contact an agent
    (347) 419-5268
    We can help!
    Contact an agent
    Gabriel Kashi
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