Two-Family Brick Home with
2029 E 28th Street Brooklyn, NY 11229
New
2029 E 28th Street, Brooklyn, NY, 11229
$849,000
For Sale
$849,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,785 SF
Lot Size0.04 Acres
Price / SF$475.63
Days on Market2
Property Features for 2029 E 28th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3
- Patio and Porch features
- Deck
- Standard status
- Active
- Size
- 1,785 SF
- Lot size
- 0.04 Acres
Utilities
- Heating system
- Steam, Natural Gas
Building Details
- Year built
- 1930
- Floors in Building
- 3
- Flooring type
- Carpet, Hardwood
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
UNITED NATIONAL REALTY GROUP INC
(718) 979-8000
1682 VICTORY BLVD., STATEN ISLAND, NY
Listed by
Michael Dukhovny
Added: Jul 17 Checked: Jul 18 at 6:06 pm
MLS# 11891725
Listing URL
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 two-family brick home offers two separate living units in a single structure and is being sold as is. The main residence features three bedrooms with generous living and dining areas, while the additional 1-bedroom apartment provides a dedicated rental layout. Exterior amenities include a detached garage and a private backyard with a deck.
The property is located at 2029 E 28th Street in Brooklyn, NY 11229. The listing notes convenient proximity to shopping, schools, parks, restaurants, and public transportation.
As presented, the home’s configuration supports owner-occupancy with rental income, with both units contained within the same brick building and complemented by on-site garage parking and outdoor space.
The property is located at 2029 E 28th Street in Brooklyn, NY 11229. The listing notes convenient proximity to shopping, schools, parks, restaurants, and public transportation.
As presented, the home’s configuration supports owner-occupancy with rental income, with both units contained within the same brick building and complemented by on-site garage parking and outdoor space.
Key Highlights
- 2‑family brick home built in 1930
- Main residence offers 3 bedrooms and generous living and dining areas
- Includes a 1‑bedroom apartment for potential rental income
Local 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 | $91.0k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $89.3k | $50.03 |
| − OpEx | −$26.8k | −$15.01 |
| NOI | $62.5k | $35.02 |
1,785 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$893.1K
$781.4K – $1.04M
NOI $62,514 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$778.5K
$681.2K – $908.2K
NOI $54,494 @ 7.0% cap · market cap 6.42%
Theoretical Best
Specialty Retail
$1.48M
$1.29M – $1.72M
NOI $103,459 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family brick residence featuring a detached garage, a 3-bedroom main unit, and a 1-bedroom rental unit.
Where is this duplex located?
The property is located at 2029 E 28th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 2‑family brick home built in 1930; Main residence offers 3 bedrooms and generous living and dining areas; Includes a 1‑bedroom apartment for potential rental income
