Two-Family Corner Brick
2755 E 28th Street Brooklyn, NY 11235
2755 E 28th Street, Brooklyn, NY, 11235
$988,000
For Sale
$988,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,888 SF
Lot Size0.05 Acres
Price / SF$523.31
Days on Market10
Property Features for 2755 E 28th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2
- Interior features
- Dishwasher, Dryer, Washer
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 1,888 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6945
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Tile, Hardwood, Parquet Wood
- Building materials
- Brick
- Roof type
- Flat
Listing agency
Ben Bay Realty Co
(718) 680-6442
Listed by
Michelle Oliviero
(718) 680-6442
Added: Jul 14 Updated: Jul 21 at 12:03PM Checked: Jul 23 at 9:06AM
MLS# 503031
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.
Solid brick two-family corner home with two full apartments configured with formal living rooms, eat-in kitchens, dining rooms, and two bedrooms per unit, with one full bath each. The basement is finished and includes a separate entrance.
The first-floor apartment was renovated in 2018. Property improvements include boiler and electric replacement in 2013, new pointing in 2015, and a new roof. The property is delivered vacant.
For buyers seeking a straightforward residential income structure, the layout provides two separate floor-through units plus an additional finished basement level with independent access.
The first-floor apartment was renovated in 2018. Property improvements include boiler and electric replacement in 2013, new pointing in 2015, and a new roof. The property is delivered vacant.
For buyers seeking a straightforward residential income structure, the layout provides two separate floor-through units plus an additional finished basement level with independent access.
Key Highlights
- Solid brick 2‑family corner home built in 1925
- Each unit features formal living room, EIK, dining room, and 2 bedrooms with 1 full bath
- Basement is finished and includes a separate entrance
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 | $96.3k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $94.5k | $50.03 |
| − OpEx | −$28.3k | −$15.01 |
| NOI | $66.1k | $35.02 |
1,888 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$944.6K
$826.5K – $1.10M
NOI $66,121 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$823.4K
$720.5K – $960.7K
NOI $57,639 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.82M
NOI $109,428 @ 7.0% cap · market cap 11.08%
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 - Vacant 2-family corner residence with finished basement access and updates including roof and replaced systems.
Where is this duplex located?
The property is located at 2755 E 28th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: Solid brick 2‑family corner home built in 1925; Each unit features formal living room, EIK, dining room, and 2 bedrooms with 1 full bath; Basement is finished and includes a separate entrance
