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Brick Duplex with Detached Garage
For Sale
$850,000

2066 E 28th Street, Brooklyn, NY 11234

Residential, Duplex - Reversed, Brooklyn, NY

Property Size1,785 SF
Lot Size0.04 Acres
Price / SF$476.19
Days on Market60

Property Features for 2066 E 28th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4
Parking features Garage - Detached
Interior features Refrigerator, Stove
Subdivision Madison
Standard status Active
Size 1,785 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 7350

Amenities

backyard
detached garage
community driveway

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Flooring type Tile, Hardwood
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: Bergen Basin Realty LLC
Listed By: Lee S Wasserman
Added: Aug 19 Changed: Oct 13 Last Checked: Oct 17 at 10:06PM
MLS# 503851

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.

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Investment Insights

Based on property information with market context.

This 1930 brick duplex contains 1,785 square feet across two residential units. The upper apartment offers one bedroom, one bathroom, hardwood flooring, and a modern kitchen with a refrigerator and stove. The owner’s residence is arranged as a three-bedroom reverse duplex with one full bathroom, an open ground-floor layout, and direct access to the backyard. Hardwood and tile flooring, updated mechanicals, substantial storage, and a detached garage add practical utility. The property also includes a flat roof and community driveway.

Located in Brooklyn’s Madison/Sheepshead Bay section, the property is near shopping, schools, houses of worship, the B3 bus line, and the B and Q train service at the East 15th Street and Avenue U station. R4 zoning is reported for the property.

Key Highlights

  • 1,785‑square‑foot brick duplex built in 1930
  • Upper unit has 1 bedroom, 1 bathroom, hardwood floors, and a modern kitchen
  • Three‑bedroom reverse duplex with 1 full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,514
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,250,280 $1.3M
Cap Rate 7%
$893,057 $893.1K
Cap Rate 9%
$694,600 $694.6K
Market Conditions
NOI Build-Up for 1,785 SF
Gross rent
$91.0K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$89.3K $50.03/SF
− OpEx
−$26.8K −$15.01/SF
NOI
$62.5K $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%
$1,250,280
Cap Rate 7%
$893,057
Cap Rate 9%
$694,600

Alternative Uses

Best Use
Multifamily LT 5
$893.1K
$781.4K – $1.04M (±1% cap)
NOI $62,514 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$778.5K
$681.2K – $908.2K (±1% cap)
NOI $54,494 @ 7.0% cap · market cap 6.41%
Theoretical Best
Specialty Retail
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,459 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Law Firm Nursing Home

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

3,163
Businesses Nearby

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - Two residential units feature updated mechanicals, backyard access, and separate living configurations.
Where is this duplex located?
The property is located at 2066 E 28th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1,785‑square‑foot brick duplex built in 1930; Upper unit has 1 bedroom, 1 bathroom, hardwood floors, and a modern kitchen; Three‑bedroom reverse duplex with 1 full bathroom
More about this property
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