BEDS4
BATHS3 full
MLS#971096
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
INCOME-PRODUCING ASSET + DREAM HOME | Stuyvesant Heights, BrooklynThis stunning, fully renovated two-family in coveted Stuyvesant Heights generated $157,924 in gross Airbnb revenue in 2025 - up 16% from 2024 - with a Net Operating Income of $137,643 and an expense ratio under 13%. At $1,344,900, that's a cap rate over 10% - nearly impossible to find in Brooklyn.Spanning 3,164 sq ft, this 4-bed, 3-bath property gives you options: live in one unit and let the other cover your mortgage, or run both short-term and let the income work for you. Chef's kitchens, spa-inspired baths, stainless appliances, and modern finishes throughout - with the warmth and character of a classic 1909 Brooklyn row house no new construction can replicate.Walk Score 77. Steps from transit. One of Brooklyn's most appreciating neighborhoods.T-12 package available. Revenue verified via Airbnb earnings reports.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Heating: Baseboard
Home Style: Contemporary
Lot Size: 0.05 Acres
Taxes: $5,908
Year Built: 1909
Amenities
First Floor Bedroom
First Floor Full Bath
Chefs Kitchen
Feature Descriptions
Building Area Total: 3164
Days on Site: 115
Exterior: Brick
On Market Date: 2026-03-12
Parcel Number: 01526-0028
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Exit All Seasons Realty
Agency Contact: 718-345-4545
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 3,852.59 per month $2,970.91 Principal & Interest $492.33 Property Tax $389.35 Homeowner's InsuranceChange Payment Information
Local Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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124 Thomas S Boyland Street | MLS# 971096
This multi-family property located at 124 Thomas S Boyland Street, Brooklyn, NY 11233 is currently listed for sale with an asking price of $1,334,900. Search Brooklyn real estate on www.joycerealty.com today.