This spacious 3-bed, 2-bath duplex in Bedford-Stuyvesant, Brooklyn offers strong rent potential, with recent comp data suggesting a monthly range between $3,850 and $7,400. The most recent listing history points to rents around $5,500, while nearby apartments of similar size have been marketed between $4,500 and $5,500. Brooklyn’s median rent sits at $3,995-$4,050, but high-demand units with outdoor space and in-unit laundry often command a premium. Given current market growth and tight inventory, the estimated payback period for a $2.2M-2.5M acquisition would be roughly 28–54 years, not accounting for operating costs. Features like a private backyard, finished basement, and central AC elevate this unit above standard comparables, attracting tenants willing to pay top dollar. The local rental market is competitive, with bidding wars common and vacancy rates below 2%, which supports robust rent growth and swift lease-ups. The main challenge is maximizing appeal amid rising new inventory and evolving renter preferences.
To further boost rent potential, consider cosmetic upgrades—think refreshed kitchen cabinetry, smart home features, and enhanced outdoor lighting for the backyard. These touches resonate with Brooklyn’s urban renters seeking both comfort and style. If selling, highlight the duplex layout, private outdoor space, and proximity to top-rated schools and transit. Marketing as a high-end rental or co-living option may attract both investors and luxury-minded tenants, especially with the neighborhood’s rising profile. If the property is vacant, professional staging and high-quality photography can help showcase its best features and drive up interest.