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$ 1,334,900
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Price Dropped by $15K
124 Thomas S Boyland ST Brooklyn, NY 11233
4 Beds
3 Baths
3,164 SqFt
Open House
Sat Jun 06, 1:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,164 sqft
Price per Sqft $421
MLS Listing ID 499682
Bedrooms 4
Full Baths 3
Year Built 1909
Annual Tax Amount $6,054
Lot Dimensions 27.92 x 76.92
Property Sub-Type Multi-Family
Property Description
INCOME-PRODUCING ASSET + DREAM HOME | Stuyvesant Heights, Brooklyn
This 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.
This 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.
Location
State NY
County Kings (brooklyn)
Area Ocean Hill
Zoning R6
Rooms
Basement Full, Unfinished
Interior
Hot Water Hot Water Coil in Boiler
Heating Gas
Flooring Laminate
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access No
Building
Foundation Other
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Exit All Seasons Realty