$1,400,000
 $7,516 est/mo Sourced by Back At You

124 Thomas S Boyland Street 3,Brooklyn, NY 11233

Brooklyn, NY 11233

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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 $1,400,000, that’s a cap rate close to 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.

Details

MLS #971096
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1909
Days On Site177
Listing Provided ByExit All Seasons Realty | Jaroslaw Kaszuba

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet3,164
BasementY
Units2
Acreage0.05

Interior

CoolingCentral Air
HeatingBaseboard
Interior FeaturesFirst Floor Bedroom, First Floor Full Bath, Chefs Kitchen

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesOn Street

Utilities

UtilitiesElectricity Connected, Natural Gas Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value88800
Tax Annual Amount5908.12

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11233
Listing VS Median (in 11233)
Price:
$1,400,000
low | high
Med:
$1,200,000
64.285714285714% of Average
sqft:
3,164
low | high
Med:
2,652
66.182048040455% of Average
$ / sqft:
$442
low | high
Med:
$452
47.737556561086% of Average
On site:
177
low | high
Med:
318
55.660377358491% of Average
Sourced by Back At You

Market Activity 11233

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11233
Listing VS Median (in 11233)
Price:
$1,400,000
low | high
Med:
$1,200,000
64.285714285714% of Average
sqft:
3,164
low | high
Med:
2,652
66.182048040455% of Average
$ / sqft:
$442
low | high
Med:
$452
47.737556561086% of Average
On site:
177
low | high
Med:
318
55.660377358491% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.5M - $1.75M
sqft: 2,000 - 3,500
Listing Updated: August 19, 2026 at 11:34:23 AM PDT