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.
Property Details
Price:
$1,334,900
MLS #:
499682
Status:
Active
Beds:
4
Baths:
3
Type:
Multi Family
Subtype:
Multi-Family
Borough:
Brooklyn
Neighborhood:
oceanhill
Listed Date:
Mar 16, 2026
Finished Sq Ft:
3,164
Year Built:
1909
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address124 Thomas S Boyland Street Brooklyn NY
- NeighborhoodOcean Hill
- CityBrooklyn
- CountyKings (Brooklyn)
- Zip Code11233
Market Summary
Current real estate data for Multi Family in Brooklyn as of Jul 22, 2026
719
Multi Family Listed
129
Avg DOM
627
Avg $ / SqFt
$1,771,601
Avg List Price
Property Summary
- 124 Thomas S Boyland Street Brooklyn NY is a Multi Family for sale in Brooklyn, NY, 11233. It is listed for $1,334,900
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