2202 Burnett Street Brooklyn, NY 11229
MULTI_FAMILY - Brooklyn, NY
- Added:
- Dec 4, 2025
- Days on Market:
- 220
- Last Refresh:
- Jul 12 at 3:06 am
Property Features for 2202 Burnett Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Parking features
- Garage
- Interior features
- A/C Unit - Wall, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Terrace, Washer
- Basement
- Full
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6080
Building Details
- Year built
- 1955
- Floors in Building
- 3
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Jason Zhou License #10301217017 (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Dec 4, 2025
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.
The building measures approximately 20 by 40 feet and sits on a 20 by 80-foot lot. It is located on Burnett Street in Brooklyn, directly across from Marine Park. The property is zoned R4.
For buyers seeking a multi-unit residential income asset, this configuration provides two distinct living areas: a first-floor unit with basement space below and a combined four-bedroom duplex above. The presence of multiple driveways and a garage-top terrace can support day-to-day livability for owner-occupants or tenants.
Key Highlights
- Corner 2‑family brick building with 3 stories above ground over a full basement
- Two private driveways and parking for up to 3 cars
- Building includes a 4‑bedroom duplex on the 2nd–3rd floors plus a full bathroom on the 3rd floor
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 | $122.4k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $120.1k | $50.03 |
| − OpEx | −$36.0k | −$15.01 |
| NOI | $84.1k | $35.02 |
