124 Thomas S Boyland St, Brooklyn, NY 11233

Beds
4
Baths
3
Sqft
3,164

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Listed byExit All Seasons Realty
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
4
Number of bathrooms
3
Square feet
3,164
Lot size (acres)
0.05
Year built
1909

Interior features

Basement
Yes, Finished

Utilities

Heating
Baseboard
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,908.12

Public schools

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Sourced from: Onekey MLS MLS®#: 971096 Last checked:

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