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.
Features
4 bedrooms
3 bathrooms
3164 sq. ft. floor area
crop_free2146 sq. ft. lot size
cottageMulti-Family
Property history for 124 Thomas S Boyland St
2022
Sold
$1,020,000
10 Nov 2022 by Justin White, of Keller Williams Legendary
Happy sellers in New York
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Local market activity for 4 bedroom multi families in New York
Sold
For Sale
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