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2177 E 69th Street, Brooklyn, NY, 11234
Detached Two-Family with Medical Office

2177 E 69th Street Brooklyn, NY 11234

For Sale
$1,649,000

MULTI_FAMILY - Brooklyn, NY

Property Size5,000 SF
Lot Size0.09 Acres
Price / SF$329.80
Days on Market95

Property Features for 2177 E 69th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
9
Bathrooms
6
Rooms
Bathroom 2, Bedroom 2, Bedroom 8, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 3, Bedroom 9, Bathroom 6, Bedroom 6, Bedroom 4
Parking features
Garage - Attached
Interior features
Central Air, Dishwasher, Laundry Area, Microwave, Refrigerator, Stove, Terrace
Basement
Unfinished
Standard status
Active
Size
5,000 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
4980

Building Details

Year built
1975
Floors in Building
3
Number of units
3
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency: Bergen Basin Realty LLC
Listed By: Jason Sciulara
Added: Apr 23 Changed: Jul 26 Last Checked: Jul 26 at 11:06PM
MLS# 500752

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.

Situated at 2177 E 69th Street in Brooklyn (Bergen Beach), this detached brick two-family building combines residential living with medical office use. The first floor is configured for medical office use and includes 6 rooms and 1.75 baths, along with access to a large unfinished basement.

The top floor offers 6 rooms with 3 bedrooms and 1.75 baths, plus a covered front terrace. The landlord apartment also features 6 rooms, 3 bedrooms, and 1.75 baths, with a front terrace and a rear porch that sits over the two-car garage. All units report central air and heat.

Set on a corner lot, the property is zoned R5 and totals approximately 5,000 square feet including the basement.

Key Highlights

  • Detached 2‑family brick building with medical office use on the first floor
  • Over 5,000 sq ft total (including basement) on a 4,000 sq ft corner lot
  • Top floor features 6 rooms with 3 bedrooms and 1.75 baths, plus a covered front terrace

Financial Insights For Office B

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 $216.0k $43.20
− Vacancy −$49.7k −$9.94
EGI $166.3k $33.26
− OpEx −$41.6k −$8.32
NOI $124.7k $24.95
5,000 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%

Alternative Uses

Best Use
Multifamily LT 5
$2.50M
$2.19M – $2.92M (±1% cap)
NOI $175,109 @ 7.0% cap · market cap 10.62%
Second Best
Apartment 5plus
$2.18M
$1.91M – $2.54M (±1% cap)
NOI $152,645 @ 7.0% cap · market cap 9.26%
Theoretical Best
Specialty Retail
$4.14M
$3.62M – $4.83M (±1% cap)
NOI $289,800 @ 7.0% cap · market cap 17.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Barber Shop Hair Salon Spa & Massage Center Hotel & Motel Auto Parts Store Auto Repair Shop Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Detached brick building with a medical office on the first floor and two residential units with central air.
Where is this triplex located?
The property is located at 2177 E 69th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Detached 2‑family brick building with medical office use on the first floor; Over 5,000 sq ft total (including basement) on a 4,000 sq ft corner lot; Top floor features 6 rooms with 3 bedrooms and 1.75 baths, plus a covered front terrace
More about this property
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