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    Brooklyn Two-Family House For Sale Title is generated by Realmo AI

    2450 West St, Brooklyn, NY 11223

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    For Sale
    $899,000

    Multi-Unit (2-4) - Brooklyn, NY

    Property size:
    1,504 SF
    Price / SF:
    $597/SF
    Added:
    Oct 21, 2025
    Days on Market:
    234
    Last Refresh:
    Jun 11 at 5:06 pm

    Property Features for 2450 West St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Living Room
    Parking features
    Garage
    Basement Y/N
    1
    Standard status
    Active
    Size
    1,504 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6670

    Building Details

    Year built
    1925
    Year renovated
    1925
    Floors in Building
    2
    Flooring type
    Hardwood
    Building materials
    Brick, Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Delton Cheng
    Delton Cheng

    Listing agent Delton Cheng

    Listing office CENTURY 21 HOMEFRONT 3048 NOSTRAND AVE, BROOKLYN, NY

    Listing date Oct 21, 2025

    MLS# 11593852 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing two‑family house.
    • Located in desirable Gravesend neighborhood.
    • Semi‑finished basement with separate entrance.
    • Convenient access to shopping, schools, and transportation.
    • Garage parking.
    • Brick and wood siding construction.

    Overview

    Located in Gravesend, Brooklyn, this semi-detached two-family house offers potential. It features a semi-finished basement with a separate exterior entrance. The property is being sold in as-is condition and is currently tenant-occupied on both the first and second floors, making it an opportunity for investors or buyers seeking an income-producing property. The property size is 1504 square feet and the lot size is 0 acres. It is conveniently located in a desirable neighborhood close to shopping, schools, and transportation. The property is located in Kings County, New York.

    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 $76.7k $51.00
    − Vacancy −$1.5k −$0.97
    EGI $75.2k $50.03
    − OpEx −$22.6k −$15.01
    NOI $52.7k $35.02
    1,504 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $752.5K
    $658.4K – $877.9K (±1% cap)
    NOI $52,673 @ 7.0% cap · market cap 5.86%
    Second Best
    Apartment 5plus
    $655.9K
    $574.0K – $765.3K (±1% cap)
    NOI $45,916 @ 7.0% cap · market cap 5.11%
    Theoretical Best
    Specialty Retail
    $1.25M
    $1.09M – $1.45M (±1% cap)
    NOI $87,172 @ 7.0% cap · market cap 9.70%
    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 Dental Office Hair Salon 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
    -73.970204
    Latitude
    40.589309

    FAQs

    What type of property is this?
    Duplex - Two-family house in Gravesend, tenant-occupied, ideal for investors.
    Where is this duplex located?
    The property is located at 2450 West St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Income‑producing two‑family house.; Located in desirable Gravesend neighborhood.; Semi‑finished basement with separate entrance.
    More about this property
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