Fully Attached Two-Family Brick
2926 NEPTUNE AVE Brooklyn, NY 11224
For Sale
$750,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,520 SF
Lot Size0.05 Acres
Price / SF$493.42
Days on Market182
Property Features for 2926 NEPTUNE AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
5198
Building Details
Year built
1960
Floors in Building
2
Listing Agency:
NEW FORTUNE REALTY
(315) 516-8212
Listed By:
Lynette Pilgrim
Added: Jan 26
Changed: Jul 11
Last Checked: Jul 27 at 9:06PM
MLS# 11638859
Copyright © 2026 My State 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 fully attached two-family brick home offers 1,520 square feet of living space. The property is built as a duplex-style residential income asset, with a brick exterior and an attached configuration that supports low-maintenance, cohesive street presence.
Located in Brooklyn, the home is positioned for convenience to transportation, shopping, and restaurants. The listing notes that the Coney Island amusement park is just a few minutes away, and Kaiser Park sits across the street, offering views toward Coney Island Creek.
For tenants, the two-family layout can support flexible occupancy options within a single building. For buyers and operators, the property’s straightforward residential income format and its nearby access to everyday amenities and transit can make it a practical fit for those seeking a brick duplex in a well-connected Brooklyn setting.
Located in Brooklyn, the home is positioned for convenience to transportation, shopping, and restaurants. The listing notes that the Coney Island amusement park is just a few minutes away, and Kaiser Park sits across the street, offering views toward Coney Island Creek.
For tenants, the two-family layout can support flexible occupancy options within a single building. For buyers and operators, the property’s straightforward residential income format and its nearby access to everyday amenities and transit can make it a practical fit for those seeking a brick duplex in a well-connected Brooklyn setting.
Key Highlights
- Fully attached 2‑family brick home built in 1960
- 1520 sq ft of living space
- Across the street from Kaiser Park with views of Coney Island Creek
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 | $77.5k | $51.00 |
| − Vacancy | −$1.5k | −$0.97 |
| EGI | $76.0k | $50.03 |
| − OpEx | −$22.8k | −$15.01 |
| NOI | $53.2k | $35.02 |
1,520 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$760.5K
$665.4K – $887.2K
NOI $53,233 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$662.9K
$580.1K – $773.4K
NOI $46,404 @ 7.0% cap · market cap 6.19%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,099 @ 7.0% cap · market cap 11.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-family brick home with ample living space in a neighborhood close to transportation, shopping, and dining.
Where is this duplex located?
The property is located at 2926 NEPTUNE AVE Brooklyn, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully attached 2‑family brick home built in 1960; 1520 sq ft of living space; Across the street from Kaiser Park with views of Coney Island Creek
