Duplex Property with Finished
For Sale
$1,275,000
2024 Bergen St, Brooklyn, NY 11233
Residential Income, Brooklyn, NY
Property Size2,435 SF
Lot Size0.04 Acres
Price / SF$523.61
Days on Market250
Property Features for 2024 Bergen St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 2
Interior features
Master Downstairs
Subdivision
Ocean Hill
Standard status
Active
Size
2,435 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
1732
Building Details
Floors in Building
2
Listing Agency:
5 BORO REALTY CORP
(917) 705-0005
Listed By:
Nina Sabag · License #10311207532
855-305-DEAL
Added: Feb 9
Changed: Oct 8
Last Checked: Oct 17 at 6:06AM
MLS# 11651742
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.
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Investment Insights
Based on property information with market context.
Located at 2024 Bergen Street in Brooklyn, this 2,435-square-foot duplex property is legally designated as a two-family residence and is currently arranged as four residential units. The building also includes a fully finished basement, along with multiple bedrooms, bathrooms, and a laundry room. The lot measures 0.0377 acres.
The property is situated near public transportation, shopping, schools, and neighborhood amenities in Brooklyn’s 11233 ZIP code. Its existing residential configuration and finished lower-level space provide a range of possible occupancy and rental arrangements, subject to applicable requirements.
The property is situated near public transportation, shopping, schools, and neighborhood amenities in Brooklyn’s 11233 ZIP code. Its existing residential configuration and finished lower-level space provide a range of possible occupancy and rental arrangements, subject to applicable requirements.
Key Highlights
- 2,435‑square‑foot duplex property at 2024 Bergen St, Brooklyn, NY 11233
- Legal two‑family property currently configured as 4 residential units
- Fully finished basement adds usable interior space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,278
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,560
$1.7M
Cap Rate 7%
$1,218,257
$1.2M
Cap Rate 9%
$947,533
$947.5K
Market Conditions
NOI Build-Up for 2,435 SF
Gross rent
$124.2K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$121.8K $50.03/SF
− OpEx
−$36.5K −$15.01/SF
NOI
$85.3K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,705,560
Cap Rate 7%
$1,218,257
Cap Rate 9%
$947,533
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,278 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$1.06M
$929.2K – $1.24M
NOI $74,338 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$2.02M
$1.76M – $2.35M
NOI $141,133 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family property configured with four residential units and additional finished basement space.
Where is this duplex located?
The property is located at 2024 Bergen St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 2,435‑square‑foot duplex property at 2024 Bergen St, Brooklyn, NY 11233; Legal two‑family property currently configured as 4 residential units; Fully finished basement adds usable interior space
