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Brooklyn Two-Family Home For Sale

2419 W 3rd Street Brooklyn, NY 11223

Claim this Listing
For Sale
$1,338,000

MULTI_FAMILY - Brooklyn, NY

Property size:
1,920 SF
Lot size:
0.05 Acres
Price / SF:
$696/SF
Added:
Mar 12, 2026
Days on Market:
124
Last Refresh:
Jul 13 at 8:06 am

Property Features for 2419 W 3rd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
7
Bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 1
Interior features
A/C Unit - Wall, Dishwasher, Refrigerator, Stove
Basement
Finished, Full
Standard status
Active
Size
1,920 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
8671

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Wood Frame
Roof type
Flat

Listing agent Xiao Ya (Anna) Wang

Listing office Tiger Realty 1484 86th Street, Brooklyn, NY

Listing date Mar 12, 2026

MLS# 499555 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.


Investment Insights

Based on property information with market context.

This semi-detached two-family home is located in Gravesend, Brooklyn. The house measures 16'x60' and sits on a 20'x100' lot. The first floor features two bedrooms and one full bathroom. The second floor includes three bedrooms and one full bathroom. The fully finished basement has a family room, a 3/4 bathroom, high ceilings, and two separate entrances. A new heater has been installed. The property includes a shared driveway and private parking. Its location provides convenient access to shopping and transportation along 86 Commercial Street, as well as proximity to the N and F subway lines. The layout is suitable for multi-generational living or rental income. The property can be delivered vacant. The property size is 1,920 square feet and the lot size is 0.0459 acres. The zoning is R4.

Key Highlights

  • Semi‑detached two‑family home on a 20'x100' lot with 16'x60' structure
  • First floor: 2 bedrooms and 1 full bathroom
  • Second floor: 3 bedrooms and 1 full bathroom

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 $97.9k $51.00
− Vacancy −$1.9k −$0.97
EGI $96.1k $50.03
− OpEx −$28.8k −$15.01
NOI $67.2k $35.02
1,920 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$960.6K
$840.5K – $1.12M (±1% cap)
NOI $67,242 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$837.4K
$732.7K – $976.9K (±1% cap)
NOI $58,616 @ 7.0% cap · market cap 4.38%
Theoretical Best
Specialty Retail
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $111,283 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Hotel & Motel Nursing Home Law Firm Bar & Pub Nursing Home Locksmith Cosmetic Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-family home in Gravesend, close to shopping and transportation.
Where is this duplex located?
The property is located at 2419 W 3rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,338,000.
What are key features of this property?
This property features: Semi‑detached two‑family home on a 20'x100' lot with 16'x60' structure; First floor: 2 bedrooms and 1 full bathroom; Second floor: 3 bedrooms and 1 full bathroom
Contact an agent
More about this property
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