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Brick Duplex With Private Parking
For Sale
$750,000

2026 FORD St, Brooklyn, NY 11229

Legally configured for two-family use with a private patio, deeded parking space, and one-car garage.

Property Size1,224 SF
Days on Market49

Property Features for 2026 FORD St

General Information

Standard status Active
Size 1,224 SF
Total Parking Spaces 2
Property subtype Multi Family

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $82,632

Amenities

front garden
private rear patio
in-home washer and dryer
hardwood floors
bay window
built-in bookshelves
skylight
Andersen wood windows
generous storage

Building Details

Building Size 1,224 SF
Year Built 1930
Buildings 1
Units 2
Construction brick
Listing Agency: Corcoran Group
Listed By: Eliezer M Levi
Source: Elliman
Added: Sep 9 Changed: Oct 27 Last Checked: Oct 26 at 3:37PM

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 Corcoran Group

Rey
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Investment Insights

Based on property information with market context.

This well-maintained brick duplex at 2026 Ford Street is legally configured as a two-family residence and is currently used as a one-family home. The layout includes three bedrooms, two full bathrooms, living and dining rooms, hardwood floors, a bay window, built-in bookshelves, a second-floor skylight, Andersen wood windows, an in-home washer and dryer, and substantial storage. The mechanical systems have been well maintained.

Outdoor features include a front garden, private rear patio, deeded private parking, and a one-car garage that also provides additional storage. Built in 1930, the property is in Homecrest near shops, restaurants, markets, neighborhood services, and transportation along Avenue U and nearby Sheepshead Bay. Access to the B and Q subway lines is available, and the location has a walk score of 84, transit score of 80, and bike score of 68.

Key Highlights

  • Legally configured as a two‑family residence; currently used as a one‑family home
  • Three bedrooms and two full bathrooms with separate living and dining rooms
  • Deeded private parking space plus a one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,867
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,340 $857.3K
Cap Rate 7%
$612,386 $612.4K
Cap Rate 9%
$476,300 $476.3K
Market Conditions
NOI Build-Up for 1,224 SF
Gross rent
$62.4K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$61.2K $50.03/SF
− OpEx
−$18.4K −$15.01/SF
NOI
$42.9K $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%
$857,340
Cap Rate 7%
$612,386
Cap Rate 9%
$476,300

Alternative Uses

Best Use
Multifamily LT 5
$612.4K
$535.8K – $714.5K (±1% cap)
NOI $42,867 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$533.8K
$467.1K – $622.8K (±1% cap)
NOI $37,367 @ 7.0% cap · market cap 4.98%
Theoretical Best
Specialty Retail
$1.01M
$886.8K – $1.18M (±1% cap)
NOI $70,943 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,998
Businesses Nearby

Demographics for 11229, NY

83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Legally configured for two-family use with a private patio, deeded parking space, and one-car garage.
Where is this duplex located?
The property is located at 2026 FORD St 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: Legally configured as a two‑family residence; currently used as a one‑family home; Three bedrooms and two full bathrooms with separate living and dining rooms; Deeded private parking space plus a one‑car garage
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