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Two-Family Duplex with Yard

555 Egan Street Brooklyn, NY 11239

Claim this Listing
For Sale
$898,999

MULTI_FAMILY - Brooklyn, NY

Property size:
2,460 SF
Lot size:
0.05 Acres
Price / SF:
$365/SF
Added:
Jul 2, 2026
Days on Market:
11
Last Refresh:
Jul 12 at 2:06 am

Property Features for 555 Egan Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 3
Patio and Porch features
Patio, Porch
Interior features
A/C Unit - Wall, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove, Washer
Standard status
Active
Size
2,460 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
4841

Building Details

Year built
2008
Floors in Building
3
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick, Wood Frame
Roof type
Flat

Listing agent Daniel Gamil License #10301211175

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Jul 2, 2026

MLS# 502708 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 well-kept two-family duplex was built in 2008 and offers a total of approximately 2,460 square feet of living space. The owner’s unit is a spacious 3-bedroom, 2-bath duplex with one full bath on each floor, and laundry is conveniently located on the bedroom level. The rental unit is a full-floor 2-bedroom, 1-bath apartment. The home is equipped with gas heat, wall A/C units, and a practical modern layout with hardwood and tile floors.

Located in Spring Creek/East New York in Brooklyn, the property includes a community drive with 1 parking space. Outdoor space is highlighted by a large fenced yard and patio/garden area, providing usable private space for day-to-day living.

Designed to support both owner-occupancy and rental income, the layout allows an end user to live in the duplex while maintaining a separate full-floor apartment. Buyers looking for a residential income property may also find the existing two-unit configuration and in-unit laundry convenience appealing for tenant comfort and operational simplicity. The property’s modern build, climate control via wall A/C units, and maintained interiors round out a practical setup for long-term use.

Key Highlights

  • Two‑family home built in 2008 with approximately 2,460 sq ft of living space
  • Owner’s unit: 3‑bedroom, 2‑bath duplex with full bath on each floor and laundry on the bedroom level
  • Rental unit: full‑floor 2‑bedroom, 1‑bath apartment

Local Financial Insights For Apartment 5plus

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 $139.3k $56.64
− Vacancy −$2.8k −$1.13
EGI $136.5k $55.51
− OpEx −$61.4k −$24.98
NOI $75.1k $30.53
2,460 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,153 @ 7.0% cap · market cap 9.58%
Second Best
Apartment 5plus
$1.07M
$938.8K – $1.25M (±1% cap)
NOI $75,101 @ 7.0% cap · market cap 8.35%
Theoretical Best
Specialty Retail
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,582 @ 7.0% cap · market cap 15.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic Building Supply Accounting Firm Hair Salon Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-kept two-family home featuring a duplex owner layout, a full-floor rental unit, and a fenced yard with patio space.
Where is this duplex located?
The property is located at 555 Egan Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $898,999.
What are key features of this property?
This property features: Two‑family home built in 2008 with approximately 2,460 sq ft of living space; Owner’s unit: 3‑bedroom, 2‑bath duplex with full bath on each floor and laundry on the bedroom level; Rental unit: full‑floor 2‑bedroom, 1‑bath apartment
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