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Turnkey Two-Family Brick Residence
For Sale
$1,448,888

2135 66th St, Brooklyn, NY 11204

Move-in ready two-family brick home with finished basement, attached garage, and separate carport for off-street parking.

Property Size1,678 SF
Lot Size0.06 Acres
Price / SF$863.46
Days on Market97

Property Features for 2135 66th St

General Information

Standard status Active
Size 1,678 SF
Total Parking Spaces 2
Lot size 0.06 Acres
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1925
Construction brick
Listing Agency: J.Milo Real Estate,Ltd.
Listed By: Jenine Milo
Source: Elliman
Added: Apr 28 Changed: Jul 21 Last Checked: Jul 23 at 8:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.Milo Real Estate,Ltd.

Investment Insights

Based on property information with market context.

Beautifully maintained two-family brick home in excellent, move-in condition. The first-floor unit features two bedrooms, a living room, an eat-in kitchen, and a newly renovated bathroom. The second-floor apartment offers two bedrooms, a kitchen, a living room, and a full bathroom. A fully finished basement adds additional functional space, including a kitchen area, family room, laundry room, utility room, and direct yard access.

The property includes an attached one-car garage plus a separate carport, providing off-street parking and added storage convenience. Situated on a quiet residential block in Brooklyn near shopping, transportation, schools, and houses of worship, the home is positioned for straightforward day-to-day access.

Designed for owner-occupants or investors seeking a well-kept income property, this turnkey residence presents two self-contained apartments with a practical lower level and multiple parking options.

Key Highlights

  • 1925‑built beautifully maintained two‑family brick home with 1,678 sq ft of living space on a 2,400 sq ft lot
  • Two apartments: each unit has 2 bedrooms; first floor includes an eat‑in kitchen and a newly renovated bathroom
  • Second‑floor apartment with 2 bedrooms plus kitchen, living room, and a full bathroom

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 $85.6k $51.00
− Vacancy −$1.6k −$0.97
EGI $84.0k $50.03
− OpEx −$25.2k −$15.01
NOI $58.8k $35.02
1,678 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$839.5K
$734.6K – $979.4K (±1% cap)
NOI $58,766 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$731.8K
$640.4K – $853.8K (±1% cap)
NOI $51,228 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,257 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,979
Businesses Nearby

Demographics for 11204, NY

85,885
Population
27,498
Households
3.1
Avg Household Size
34
Median Age
30%
College-Educated
74%
High-School Grad
1.6 sq mi
ZIP Area
53,678
Density / Sq Mi
$67,588
Median Household Income
$33,461
Median Earnings
$1,751
Median Rent
$1,097,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in ready two-family brick home with finished basement, attached garage, and separate carport for off-street parking.
Where is this duplex located?
The property is located at 2135 66th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,448,888.
What are key features of this property?
This property features: 1925‑built beautifully maintained two‑family brick home with 1,678 sq ft of living space on a 2,400 sq ft lot; Two apartments: each unit has 2 bedrooms; first floor includes an eat‑in kitchen and a newly renovated bathroom; Second‑floor apartment with 2 bedrooms plus kitchen, living room, and a full bathroom
More about this property
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