Two-Family Residence with Finished
2024 Bergen St Brooklyn, NY 11233
2024 Bergen St, Brooklyn, NY, 11233
$1,275,000
For Sale
$1,275,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,435 SF
Lot Size0.04 Acres
Price / SF$523.61
Days on Market163
Property Features for 2024 Bergen St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 4, Laundry Room, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Interior features
- Master Downstairs
- Standard status
- Active
- Size
- 2,435 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1732
Building Details
- Floors in Building
- 2
Listing agency
5 BORO REALTY CORP
(917) 705-0005
Listed by
Nina Sabag
855-305-DEAL
Added: Feb 9 Updated: Jul 11 at 11:32AM Checked: Jul 22 at 2:06PM
MLS# 11651742
Copyright © 2026 My State MLS. 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.
2024 Bergen Street is a legal two-family property currently configured as four residential units, with a fully finished basement. The layout is designed to support multiple independent living arrangements while adding usable space below grade, which can be valuable for storage, recreation, or other household uses depending on configuration.
The property is located at 2024 Bergen St in Brooklyn, NY 11233. The surrounding area is described as being near public transportation, shopping, schools, and neighborhood amenities, which may support ongoing tenant interest for residential rentals.
This setup can suit investors looking for an income-producing multi-unit structure, as well as owner-occupants who want rental income to help offset their mortgage. With the legal two-family foundation and the additional finished basement space, the building offers flexibility for residential use within the existing configuration. The asset is available for sale as an income-producing residential property.
The property is located at 2024 Bergen St in Brooklyn, NY 11233. The surrounding area is described as being near public transportation, shopping, schools, and neighborhood amenities, which may support ongoing tenant interest for residential rentals.
This setup can suit investors looking for an income-producing multi-unit structure, as well as owner-occupants who want rental income to help offset their mortgage. With the legal two-family foundation and the additional finished basement space, the building offers flexibility for residential use within the existing configuration. The asset is available for sale as an income-producing residential property.
Key Highlights
- Legal 2‑family property at 2024 Bergen Street, Brooklyn, NY, currently configured as 4 residential units
- Fully finished basement for additional usable space
- Master downstairs (interior feature)
Local 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 | $124.2k | $51.00 |
| − Vacancy | −$2.4k | −$0.97 |
| EGI | $121.8k | $50.03 |
| − OpEx | −$36.5k | −$15.01 |
| NOI | $85.3k | $35.02 |
2,435 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,278 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$1.06M
$929.2K – $1.24M
NOI $74,338 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$2.02M
$1.76M – $2.35M
NOI $141,133 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Legal two-family configured as four units with a fully finished basement for additional usable space in Brooklyn.
Where is this quadplex located?
The property is located at 2024 Bergen St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Legal 2‑family property at 2024 Bergen Street, Brooklyn, NY, currently configured as 4 residential units; Fully finished basement for additional usable space; Master downstairs (interior feature)
