Attached Two-Family Residential
2462 Bragg Street Brooklyn, NY 11235
2462 Bragg Street, Brooklyn, NY, 11235
$1,249,888
For Sale
$1,249,888
MULTI_FAMILY - Other - Brooklyn, NY
Property Size2,992 SF
Lot Size0.50 Acres
Price / SF$417.74
Days on Market11
Property Features for 2462 Bragg Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Window features
- ENERGY STAR Qualified WIndows
- Patio and Porch features
- Porch
- Interior features
- Washer/Dryer Hookup
- Fencing
- Fenced
- Basement
- Full, Walk-Out Access
- Standard status
- Active
- APN
- 07427-0031
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7194
Utilities
- Sewer type
- Public Sewer
- Heating system
- Energy Star Qualified Equipment (Heating)
- Cooling system
- ENERGY STAR Qualified Equipment
- Water source
- Public
Building Details
- Year built
- 1955
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Frame
- Architectural style
- Other
Listing Agency
Lombardo Homes & Estates
(516) 200-6448
195 San Juan Dr, NY
Listed by
Joseph V. Lombardo CBR
(516) 200-6448
Added: Jul 8 Checked: Jul 18 at 6:06 pm
MLS# 1023760
Listing URL
Copyright © 2026 OneKey MLS. 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 attached four-story two-family residential income property includes a fully finished basement with a separate entrance and additional apartment space. The home is configured with a 1-bedroom apartment in the basement, a 2-bedroom apartment on the first floor, and a 3-bedroom apartment on the second floor. Updates include new updated kitchens, new hardwood floors, and newly renovated bathrooms finished with custom Italian stone. Mechanical and exterior improvements noted include new baseboard heat with natural gas, a new roof, and recently updated furnace and hot water heater.
The property is served by public water and public sewer and includes two off-street parking spaces. It is located in the Sheepshead Bay neighborhood in Brooklyn, within a short distance of the Sheepshead Bay waterfront, restaurants, shopping, and public transportation.
Built in 1955, the property totals 2,992 square feet and features 5 bedrooms and 4 bathrooms across the two-family layout.
The property is served by public water and public sewer and includes two off-street parking spaces. It is located in the Sheepshead Bay neighborhood in Brooklyn, within a short distance of the Sheepshead Bay waterfront, restaurants, shopping, and public transportation.
Built in 1955, the property totals 2,992 square feet and features 5 bedrooms and 4 bathrooms across the two-family layout.
Key Highlights
- Updated 2,992 SF attached two‑family (4‑story including basement) built in 1955
- 6 bedrooms and 4 bathrooms, with a fully finished basement that has a separate entrance and another apartment
- New/updated interiors include updated kitchens, new hardwood floors, and renovated bathrooms with custom Italian stone
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 | $152.6k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $149.7k | $50.03 |
| − OpEx | −$44.9k | −$15.01 |
| NOI | $104.8k | $35.02 |
2,992 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $104,785 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.52M
NOI $91,343 @ 7.0% cap · market cap 7.31%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.89M
NOI $173,416 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Attached four-story two-family with updated kitchens, hardwood floors, renovated baths, and a fully finished basement with separate entrance.
Where is this duplex located?
The property is located at 2462 Bragg Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,888.
What are key features of this property?
This property features: Updated 2,992 SF attached two‑family (4‑story including basement) built in 1955; 6 bedrooms and 4 bathrooms, with a fully finished basement that has a separate entrance and another apartment; New/updated interiors include updated kitchens, new hardwood floors, and renovated bathrooms with custom Italian stone
