Renovated Two-Family Semi-Detached
2514 E 24th Street Brooklyn, NY 11235
For Sale
$1,585,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,160 SF
Lot Size0.06 Acres
Price / SF$733.80
Days on Market59
Property Features for 2514 E 24th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 7, Bathroom 4, Bedroom 9, Bedroom 5, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 5
- Parking features
- Carport
- Interior features
- A/C Unit, Central Air - Split
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,160 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9140
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Hardwood, Ceramic
- Building materials
- Brick
- Roof type
- Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Franklin Shan
(917) 708-9966
Added: May 30
Changed: Jul 26
Last Checked: Jul 27 at 1:06AM
MLS# 501874
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.
Renovated semi-detached two-family home delivered completely vacant. The first floor features three bedrooms and two full bathrooms, while the second floor offers four bedrooms and two full bathrooms. Each bedroom has its own split-system heating and air conditioning. Private parking is included. The property was renovated approximately five years ago from the basement to the roof, with plumbing, electrical, and gas systems fully upgraded.
Separate gas meters support independent hot water and heating systems for the two units. Zoning is listed as R4. A park is located around the corner, and the B & Q subway lines are approximately eight blocks away, with the B9 bus providing service to the 8th Avenue commercial district.
With its updated mechanicals and flexible occupancy, the layout is well-suited to an owner-occupant or an investor seeking separate systems and fully vacant availability for selecting tenants.
Separate gas meters support independent hot water and heating systems for the two units. Zoning is listed as R4. A park is located around the corner, and the B & Q subway lines are approximately eight blocks away, with the B9 bus providing service to the 8th Avenue commercial district.
With its updated mechanicals and flexible occupancy, the layout is well-suited to an owner-occupant or an investor seeking separate systems and fully vacant availability for selecting tenants.
Key Highlights
- Semi‑detached two‑family home built in 1925 with brick construction and a flat roof
- Building size 20' x 54' on a 25' x 100' lot
- First floor layout: 3 bedrooms and 2 full bathrooms
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 | $110.2k | $51.00 |
| − Vacancy | −$2.1k | −$0.97 |
| EGI | $108.1k | $50.03 |
| − OpEx | −$32.4k | −$15.01 |
| NOI | $75.6k | $35.02 |
2,160 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$945.6K – $1.26M
NOI $75,647 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$942.0K
$824.3K – $1.10M
NOI $65,943 @ 7.0% cap · market cap 4.16%
Theoretical Best
Specialty Retail
$1.79M
$1.56M – $2.09M
NOI $125,194 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in ready two-family with separate gas meters, independent systems, private parking, and fully vacant delivery.
Where is this duplex located?
The property is located at 2514 E 24th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,585,000.
What are key features of this property?
This property features: Semi‑detached two‑family home built in 1925 with brick construction and a flat roof; Building size 20' x 54' on a 25' x 100' lot; First floor layout: 3 bedrooms and 2 full bathrooms
