Brick Two-Family Home with
2351 E 26th Street, Brooklyn, NY 11229
New
MULTI_FAMILY - Brooklyn, NY
Property size:
1,890 SFLot size:
0.05 AcresPrice / SF:
$571/SF- Added:
- Jun 1, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 4 at 1:06 am
Property Features for 2351 E 26th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- A/C Unit - Wall, Alarm, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Terrace, Washer
- Standard status
- Active
- Size
- 1,890 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8250
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Flooring type
- Hardwood, Ceramic
- Building materials
- Brick
- Roof type
- Flat, Rubber
- Architectural style
- Ranch
Listing agent Lily Milman (718) 266-4030
Listing office Mill Realty Group Inc. 135 Sea Breeze Avenue #305, Brooklyn, NY (718) 266-4030
Listing date Jun 1, 2026
MLS# 501886
Listing URL
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.
HighLights
- Solid brick attached two‑family home on a 22' x 100' lot, building size 22' x 49'
- Built‑in garage with private parking
- Year built 1950 ranch‑style home with flat and rubber roof
- 1st‑floor 1‑bedroom with access to a shared backyard
- 2nd‑floor custom 2‑bedroom with renovated kitchen and bathroom and access to the shared backyard
- Updated boiler and hot water heater, approximately 5 years old
Overview
Solid brick attached two-family home positioned on a tree-lined block, offering two separate apartments and shared access to a large backyard. The first floor presents a spacious 1-bedroom unit with access to outdoor space. The second floor is configured as a custom 2-bedroom apartment featuring oversized bedrooms, a renovated kitchen and bathroom, and tasteful finishes throughout. Front and rear balconies/terraces provide additional outdoor areas, while a built-in garage and private parking support day-to-day convenience. Recent mechanical upgrades include an updated boiler and hot water heater, approximately five years old.
Located in a prime Sheepshead Bay area of Brooklyn, the property benefits from proximity to B/Q train service at the Neck Road and Sheepshead Bay stations, along with local and express bus routes including B36, B44, and BM3. The surrounding area offers access to parks, restaurants, supermarkets, and highly rated schools, supporting strong day-to-day livability for tenants and households.
This setup is well-suited for owner-occupants seeking rental income alongside comfortable outdoor space, as well as investors looking for a move-in ready two-family asset with thoughtful unit finishes. The shared backyard access and added balcony/terrace areas enhance tenant appeal, while private parking and the relatively recent mechanical improvements help reduce near-term concerns. With a low annual property tax noted in the materials, the home presents a practical opportunity for both residential end users and income-focused buyers.
Located in a prime Sheepshead Bay area of Brooklyn, the property benefits from proximity to B/Q train service at the Neck Road and Sheepshead Bay stations, along with local and express bus routes including B36, B44, and BM3. The surrounding area offers access to parks, restaurants, supermarkets, and highly rated schools, supporting strong day-to-day livability for tenants and households.
This setup is well-suited for owner-occupants seeking rental income alongside comfortable outdoor space, as well as investors looking for a move-in ready two-family asset with thoughtful unit finishes. The shared backyard access and added balcony/terrace areas enhance tenant appeal, while private parking and the relatively recent mechanical improvements help reduce near-term concerns. With a low annual property tax noted in the materials, the home presents a practical opportunity for both residential end users and income-focused buyers.
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 | $96.4k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $94.6k | $50.03 |
| − OpEx | −$28.4k | −$15.01 |
| NOI | $66.2k | $35.02 |
1,890 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$945.6K
$827.4K – $1.10M
NOI $66,191 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$824.3K
$721.3K – $961.7K
NOI $57,700 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.83M
NOI $109,544 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.944283
- Latitude
- 40.594259
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Move-in ready two-family residence with private parking, renovated interiors, and shared backyard access.
Where is this duplex located?
The property is located at 2351 E 26th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Solid brick attached two‑family home on a 22' x 100' lot, building size 22' x 49'; Built‑in garage with private parking; Year built 1950 ranch‑style home with flat and rubber roof
