Two-Family Home with Two
168 28th Avenue Brooklyn, NY 11214
For Sale
$1,150,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,880 SF
Lot Size0.04 Acres
Price / SF$611.70
Days on Market34
Property Features for 168 28th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
- Interior features
- Microwave, Refrigerator, Stove
- Standard status
- Active
- Size
- 1,880 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6093
Building Details
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency:
Ashford Homes LLC
(929) 364-1301
Listed By:
Njoek Kong Tjon · License #10401380276
(929) 364-1301
Added: Jun 22
Changed: Jul 12
Last Checked: Jul 25 at 2:06PM
MLS# 502493
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained two-family home at 168 28th Avenue in Brooklyn is currently configured as a 4-bedroom unit over a 2-bedroom apartment. The duplex-style setup provides two separate living spaces within one property, suited to households seeking rental income or buyers who want the option to live in one unit while renting the other.
Located in the Bath Beach area of Brooklyn, the property is described as conveniently positioned near public transportation, with easy access to nearby train lines for commuting throughout Brooklyn and Manhattan. The listing also notes proximity to Coney Island attractions and the waterfront, including beaches, boardwalk, dining, entertainment, and seasonal events, along with nearby shopping, schools, parks, and everyday conveniences.
For tenants, owner-occupants, and investors, the 4-over-2 bedroom configuration supports a range of occupancy needs and can help match different household sizes within the same building footprint. Buyers looking for a straightforward two-unit residential income property will find a purpose-built layout designed to accommodate separate tenants under one roof.
Located in the Bath Beach area of Brooklyn, the property is described as conveniently positioned near public transportation, with easy access to nearby train lines for commuting throughout Brooklyn and Manhattan. The listing also notes proximity to Coney Island attractions and the waterfront, including beaches, boardwalk, dining, entertainment, and seasonal events, along with nearby shopping, schools, parks, and everyday conveniences.
For tenants, owner-occupants, and investors, the 4-over-2 bedroom configuration supports a range of occupancy needs and can help match different household sizes within the same building footprint. Buyers looking for a straightforward two-unit residential income property will find a purpose-built layout designed to accommodate separate tenants under one roof.
Key Highlights
- 2‑family home in Brooklyn’s Bath Beach neighborhood
- Currently configured as 4 bedrooms over a 2‑bedroom apartment
- Brick construction with asphalt roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.7k | $40.80 |
| − Vacancy | −$3.5k | −$1.84 |
| EGI | $73.3k | $38.96 |
| − OpEx | −$22.0k | −$11.69 |
| NOI | $51.3k | $27.27 |
1,880 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$732.5K
$641.0K – $854.6K
NOI $51,277 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$656.5K
$574.5K – $765.9K
NOI $45,956 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$1.10M
$959.6K – $1.28M
NOI $76,769 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained two-family residence configured as 4 bedrooms over 2 bedrooms for flexible owner or rental use.
Where is this duplex located?
The property is located at 168 28th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2‑family home in Brooklyn’s Bath Beach neighborhood; Currently configured as 4 bedrooms over a 2‑bedroom apartment; Brick construction with asphalt roof
