Two-Family Brick Home,
2729 Brown Street Brooklyn, NY 11235
2729 Brown Street, Brooklyn, NY, 11235
$1,129,000
For Sale
$1,129,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,070 SF
Lot Size0.04 Acres
Price / SF$545.41
Days on Market142
Property Features for 2729 Brown Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Parking features
- Garage
- Patio and Porch features
- Porch
- Interior features
- Central Air - Split, Dishwasher, Dryer, Microwave, Porch, Refrigerator, Stove, Washer
- Basement
- Partial
- Standard status
- Active
- Size
- 2,070 SF
- Lot size
- 0.04 Acres
Building Details
- Number of units
- 2
- Flooring type
- Parquet Wood, Hardwood, Ceramic
- Building materials
- Brick
Listing Agency
Ilite Realty Inc
(718) 975-0555
179 W End Ave #2A, Brooklyn, NY
Listed by
Mariya Dovbenyuk
(718) 975-0555
Added: Feb 24 Checked: Jul 16 at 10:06 pm
MLS# 499123
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 two-family, fully brick home is located in Sheepshead Bay, Brooklyn. The property features 4 bedrooms and 2.5 bathrooms within its 2,070 square feet. The first floor includes 1 bedroom and 1 bathroom, while the second and third floors offer 3 bedrooms and 1.5 bathrooms. Amenities include a washer and dryer, dishwasher, and a built-in garage. The property also has 3 parking spaces and a private backyard, along with an oversized porch. Situated on a lot size of 0.0434 acres, the home provides convenient access to the Belt Parkway. Public transportation options are nearby, including the BM3, B4, and B44 buses, as well as the B and Q trains. The property is a short distance from Emmons Avenue, which features restaurants, a marina, and supermarkets.
Key Highlights
- Two‑family fully brick home in Sheepshead Bay with 4 beds and 2.5 baths across three levels
- 1st floor: 1 bed/1 bath; 2nd and 3rd floors: 3 beds/1.5 baths (2,070 sqft total)
- 3 parking spaces including a built‑in garage; easy access to the Belt Parkway
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 | $105.6k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $103.6k | $50.03 |
| − OpEx | −$31.1k | −$15.01 |
| NOI | $72.5k | $35.02 |
2,070 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$906.2K – $1.21M
NOI $72,495 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$902.8K
$789.9K – $1.05M
NOI $63,195 @ 7.0% cap · market cap 5.60%
Theoretical Best
Specialty Retail
$1.71M
$1.50M – $2.00M
NOI $119,977 @ 7.0% cap · market cap 10.63%
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 - Two-family home in Sheepshead Bay with parking and backyard.
Where is this duplex located?
The property is located at 2729 Brown Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,129,000.
What are key features of this property?
This property features: Two‑family fully brick home in Sheepshead Bay with 4 beds and 2.5 baths across three levels; 1st floor: 1 bed/1 bath; 2nd and 3rd floors: 3 beds/1.5 baths (2,070 sqft total); 3 parking spaces including a built‑in garage; easy access to the Belt Parkway
