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    Brooklyn Two-Family Brick House Title is generated by Realmo AI

    2355 Bragg Street, Brooklyn, NY 11229

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    Claim this Listing
    For Sale
    $950,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    1,540 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $616/SF
    Added:
    Feb 6, 2026
    Days on Market:
    129
    Last Refresh:
    Jun 15 at 7:06 am

    Property Features for 2355 Bragg Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bathrooms
    8
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 7, Bathroom 6, Bathroom 5, Bathroom 1, Bathroom 8, Bathroom 4
    Patio and Porch features
    Porch
    Interior features
    Porch, Refrigerator, Stove
    Standard status
    Active
    Size
    1,540 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6204

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Jein Riun (Lisa) Liang

    Listing agent Jein Riun (Lisa) Liang License #10401205443

    Listing office Re/Max Real Estate Professiona 6423 11th Ave, Brooklyn, NY

    Listing date Feb 6, 2026

    MLS# 498816 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

    • Semi‑detached brick 2‑family home (year built 1955) in Sheepshead Bay
    • 1st floor: 3 bedrooms and 2 full bathrooms, including a master bedroom with private bath
    • 2nd floor: 4 bedrooms and 2 full bathrooms, including a master bedroom with private baths
    • Fully renovated 6 years ago and described as in very well condition
    • Separate heating and hot water systems
    • Private driveway, with terraces in front and back and a porch; flat roof; hardwood and tile flooring

    Overview

    This semi-detached brick two-family house is located in Sheepshead Bay, Brooklyn. The property includes a private driveway. The first floor features three bedrooms and two full bathrooms, including a master bedroom with a private bath. The second floor offers four bedrooms and two full bathrooms, also with a master bedroom and private bath. The entire house was fully renovated six years ago and is in very well condition. It has separate heating and hot water systems. Terraces are located in the front and back of the house. The property is close to everything. The lot size is 0.065 acres, and the property size is 1540 square feet. The zoning is R4.

    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 $78.5k $51.00
    − Vacancy −$1.5k −$0.97
    EGI $77.0k $50.03
    − OpEx −$23.1k −$15.01
    NOI $53.9k $35.02
    1,540 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $770.5K
    $674.2K – $898.9K (±1% cap)
    NOI $53,933 @ 7.0% cap · market cap 5.68%
    Second Best
    Apartment 5plus
    $671.6K
    $587.7K – $783.6K (±1% cap)
    NOI $47,015 @ 7.0% cap · market cap 4.95%
    Theoretical Best
    Specialty Retail
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,258 @ 7.0% cap · market cap 9.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.934771
    Latitude
    40.595191

    FAQs

    What type of property is this?
    Duplex - Semi-detached, renovated two-family house in Sheepshead Bay, Brooklyn.
    Where is this duplex located?
    The property is located at 2355 Bragg Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Semi‑detached brick 2‑family home (year built 1955) in Sheepshead Bay; 1st floor: 3 bedrooms and 2 full bathrooms, including a master bedroom with private bath; 2nd floor: 4 bedrooms and 2 full bathrooms, including a master bedroom with private baths
    More about this property
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