124 Thomas S Boyland

124 Thomas S Boyland, Brooklyn, NY 11233

Property Information

  • For Sale $1,400,000
  • Property Type Multi-Family
  • Property Size 1,500 SF
  • Lot Size 0.05 Acre
  • Year Built 1909
  • Date Updated Oct 24, 2026

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.

Contacts

Location

Located at 124 Thomas S Boyland, Brooklyn, NY 11233, this property is part of the Ocean Hill neighborhood and Brooklyn market.

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