Brooklyn Two-Family Brick
2072 E 68th Street Brooklyn, NY 11234
2072 E 68th Street, Brooklyn, NY, 11234
$1,348,000
For Sale
$1,348,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,160 SF
Lot Size0.05 Acres
Price / SF$1,162
Days on Market464
Property Features for 2072 E 68th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3-2
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3
- Parking features
- Garage - Attached
- Interior features
- A/C Unit - Wall, Dishwasher, Garage Door Opener(s), Refrigerator, Stove, Terrace
- Standard status
- Active
- Size
- 1,160 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8488
Building Details
- Year built
- 1960
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Ceramic, Hardwood
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Maximillion Realty, Inc.
(718) 376-9300
Listed by
Alla Veksler
(718) 376-9300
Added: Apr 14, 2025 Updated: Jul 16 at 11:38AM Checked: Jul 21 at 11:06AM
MLS# 490862
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.
Investment Insights
Based on property information with market context.
This two-family brick home presents an opportunity to live and earn income. Situated on a 20 by 100 lot, the 20 by 58 feet home features a newly renovated three-bedroom, one-bath apartment on the third floor. The apartment includes an eat-in kitchen, a modern bathroom with a stand-up shower, hardwood floors, a large window, granite countertops, and stainless steel appliances. The second floor offers a two-bedroom, one-bath apartment with large windows, hardwood floors, an eat-in kitchen, and a large balcony. The property also features a brand new roof. The entry level provides a large space with access to the backyard, along with a driveway and built-in garage. Located on a tree-lined block in Brooklyn, the home is conveniently near schools, a large shopping center, pharmacies, and restaurants. The property is zoned R3-2 and has a property size of 1160 square feet and a lot size of 0.0459 acres.
Key Highlights
- Two‑family brick home built in 1960 on a 20 ft x 100 ft lot
- Third‑floor unit: newly renovated 3‑bedroom, 1‑bath apartment with eat‑in kitchen and hardwood floors
- Kitchen features include granite countertops and stainless steel appliances; unit also has a modern bathroom with a stand‑up shower
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 | $59.2k | $51.00 |
| − Vacancy | −$1.1k | −$0.97 |
| EGI | $58.0k | $50.03 |
| − OpEx | −$17.4k | −$15.01 |
| NOI | $40.6k | $35.02 |
1,160 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$580.4K
$507.8K – $677.1K
NOI $40,625 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$505.9K
$442.7K – $590.2K
NOI $35,414 @ 7.0% cap · market cap 2.63%
Theoretical Best
Specialty Retail
$960.5K
$840.4K – $1.12M
NOI $67,234 @ 7.0% cap · market cap 4.99%
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 - Renovated two-family home with income potential in Brooklyn.
Where is this duplex located?
The property is located at 2072 E 68th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,348,000.
What are key features of this property?
This property features: Two‑family brick home built in 1960 on a 20 ft x 100 ft lot; Third‑floor unit: newly renovated 3‑bedroom, 1‑bath apartment with eat‑in kitchen and hardwood floors; Kitchen features include granite countertops and stainless steel appliances; unit also has a modern bathroom with a stand‑up shower
