Legal Two-Family Corner
2667 Cropsey Avenue Brooklyn, NY 11214
2667 Cropsey Avenue, Brooklyn, NY, 11214
$1,650,000
For Sale
$1,650,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,160 SF
Lot Size0.07 Acres
Price / SF$763.89
Days on Market55
Property Features for 2667 Cropsey Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Parking features
- Driveway
- Patio and Porch features
- Patio
- Interior features
- Walk-In Closet(s), Ceiling Fan(s)
- Exterior features
- Balcony
- Fencing
- Fenced
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,160 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6763
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agency
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed by
Maged Girgis · License #30GI0978737
(347) 524-9029
Added: May 29 Updated: Jul 17 at 10:07AM Checked: Jul 22 at 11:06PM
MLS# 2603018
Copyright © 2026 Staten Island Board of Realtors. 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 legal two-family home includes a fully finished basement and a solid, well-maintained exterior presence, with interior updates completed via a full gut renovation in 2005. The basement features a separate side entrance, a large living area, a wet bar, a 3/4 bathroom, an extra office room, plus utilities and laundry. Level one offers hardwood floors, a large living room, dining room, office room, bedroom, and an eat-in kitchen with access to the yard, with potential to be reconfigured for additional bedrooms.
Set on a large corner lot, the property includes a three-car driveway and a sizable yard. It is positioned for convenient commuting with proximity to the highway and is close to Caesar’s Bay shopping, schools, and transportation.
With its separate basement entry and flexible layout, the home can appeal to owner-occupants and investors seeking rental income with adaptable unit configurations. The property will be delivered vacant, allowing buyers to plan occupancy or renovations with minimal delay.
Set on a large corner lot, the property includes a three-car driveway and a sizable yard. It is positioned for convenient commuting with proximity to the highway and is close to Caesar’s Bay shopping, schools, and transportation.
With its separate basement entry and flexible layout, the home can appeal to owner-occupants and investors seeking rental income with adaptable unit configurations. The property will be delivered vacant, allowing buyers to plan occupancy or renovations with minimal delay.
Key Highlights
- Legal 2‑family home with a full finished basement and separate side entrance
- Fully gut renovated in 2005; large living space in the basement with wet bar and 3/4 bathroom
- Unit LV1 features hardwood floors, a huge living room, dining room, office, 1 bedroom, and eat‑in kitchen with yard access
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 | $88.1k | $40.80 |
| − Vacancy | −$4.0k | −$1.84 |
| EGI | $84.2k | $38.96 |
| − OpEx | −$25.2k | −$11.69 |
| NOI | $58.9k | $27.27 |
2,160 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$841.6K
$736.4K – $981.9K
NOI $58,914 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$754.3K
$660.0K – $880.0K
NOI $52,800 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,203 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Toyour Al-Jannah Preschool/Pre-k/Afterschool
High School
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Legal two-family on a large corner lot with a finished basement and three-car driveway, delivered vacant for easy occupancy planning.
Where is this duplex located?
The property is located at 2667 Cropsey Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Legal 2‑family home with a full finished basement and separate side entrance; Fully gut renovated in 2005; large living space in the basement with wet bar and 3/4 bathroom; Unit LV1 features hardwood floors, a huge living room, dining room, office, 1 bedroom, and eat‑in kitchen with yard access
