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Two-Family Duplex with Detached Garage
For Sale
$1,150,000

2064 63rd Street, Brooklyn, NY 11204

MULTI_FAMILY - Brooklyn, NY

Property Size1,600 SF
Lot Size0.09 Acres
Price / SF$718.75
Days on Market8

Property Features for 2064 63rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1
Parking features Garage - Detached
Interior features Refrigerator, Stove
Basement Full, Finished
Subdivision Bensonhurst
Standard status Active
Size 1,600 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 8876

Building Details

Year built 1915
Floors in Building 2
Number of units 2
Flooring type Hardwood, Tile
Building materials Brick
Roof type Flat
Listing Agency: Century 21 Homefront Realty
Listed By: Delton Cheng · License #31CH0928260
Added: Jul 27 Changed: Jul 30 Last Checked: Aug 3 at 12:06PM
MLS# 503224

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.

Two-family, semi-detached duplex on an R5-zoned lot in Bensonhurst. The first-floor unit includes a living room, eat-in kitchen, front and rear bedrooms, and a full bathroom, with interior access to a full semi-finished basement. The basement offers a separate front entrance, an expansive family and recreation room, a utility kitchen, and an additional bathroom. The second-floor unit features a bright living room, eat-in kitchen, two bedrooms, and a full bathroom.

Additional utilities support flexible management, including separate gas and electric utilities with three electric meters and two gas meters, along with a gas-fired heating boiler and separate hot water. The property is a brick building with a flat roof, hardwood and tile flooring, and a detached garage accessed via a rear community driveway. Set on a deep lot with multi-car parking, it offers expansion considerations including FAR 1.5 and over 3,500 sq ft buildable.

The home was built in 1915 and is presented for ownership or investment use.

Key Highlights

  • R5 zoning on a 0.0851‑acre lot with deep lot and multi‑car parking
  • Two‑family semi‑detached layout with first‑floor and second‑floor apartments plus full semi‑finished basement
  • Basement has a separate front entrance, expansive family/recreation room, utility kitchen, and an additional bathroom

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 $81.6k $51.00
− Vacancy −$1.6k −$0.97
EGI $80.0k $50.03
− OpEx −$24.0k −$15.01
NOI $56.0k $35.02
1,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$800.5K
$700.4K – $933.9K (±1% cap)
NOI $56,035 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$697.8K
$610.6K – $814.1K (±1% cap)
NOI $48,846 @ 7.0% cap · market cap 4.25%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.55M (±1% cap)
NOI $92,736 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,758
Businesses Nearby

Demographics for 11204, NY

85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - R5-zoned two-family duplex with a semi-finished basement, three electric meters, and a detached garage with rear driveway access.
Where is this duplex located?
The property is located at 2064 63rd Street 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: R5 zoning on a 0.0851‑acre lot with deep lot and multi‑car parking; Two‑family semi‑detached layout with first‑floor and second‑floor apartments plus full semi‑finished basement; Basement has a separate front entrance, expansive family/recreation room, utility kitchen, and an additional bathroom
More about this property
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