Turnkey Two-Family Brick
2135 66th St Brooklyn, NY 11204
For Sale
$1,448,888
Move-in ready two-family brick home with finished basement, attached garage, and separate carport for off-street parking.
Property Size1,678 SF
Lot Size0.06 Acres
Price / SF$863.46
Days on Market88
Property Features for 2135 66th St
General Information
- Standard status
- Active
- Size
- 1,678 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1925
Listing Agency:
J. Milo Real Estate Ltd
(718) 872-9300
Listed By:
Jenine Milo
(718) 872-9300
Source:
Elliman
Added: Apr 28
Changed: Jul 21
Last Checked: Jul 23 at 8:57AM
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 J. Milo Real Estate Ltd
Investment Insights
Based on property information with market context.
Beautifully maintained two-family brick home in excellent, move-in condition. The first-floor unit features two bedrooms, a living room, an eat-in kitchen, and a newly renovated bathroom. The second-floor apartment offers two bedrooms, a kitchen, a living room, and a full bathroom. A fully finished basement adds additional functional space, including a kitchen area, family room, laundry room, utility room, and direct yard access.
The property includes an attached one-car garage plus a separate carport, providing off-street parking and added storage convenience. Situated on a quiet residential block in Brooklyn near shopping, transportation, schools, and houses of worship, the home is positioned for straightforward day-to-day access.
Designed for owner-occupants or investors seeking a well-kept income property, this turnkey residence presents two self-contained apartments with a practical lower level and multiple parking options.
The property includes an attached one-car garage plus a separate carport, providing off-street parking and added storage convenience. Situated on a quiet residential block in Brooklyn near shopping, transportation, schools, and houses of worship, the home is positioned for straightforward day-to-day access.
Designed for owner-occupants or investors seeking a well-kept income property, this turnkey residence presents two self-contained apartments with a practical lower level and multiple parking options.
Key Highlights
- 1925‑built beautifully maintained two‑family brick home with 1,678 sq ft of living space on a 2,400 sq ft lot
- Two apartments: each unit has 2 bedrooms; first floor includes an eat‑in kitchen and a newly renovated bathroom
- Second‑floor apartment with 2 bedrooms plus kitchen, living room, and a full bathroom
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 | $85.6k | $51.00 |
| − Vacancy | −$1.6k | −$0.97 |
| EGI | $84.0k | $50.03 |
| − OpEx | −$25.2k | −$15.01 |
| NOI | $58.8k | $35.02 |
1,678 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$839.5K
$734.6K – $979.4K
NOI $58,766 @ 7.0% cap · market cap 4.06%
Second Best
Apartment 5plus
$731.8K
$640.4K – $853.8K
NOI $51,228 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.62M
NOI $97,257 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in ready two-family brick home with finished basement, attached garage, and separate carport for off-street parking.
Where is this duplex located?
The property is located at 2135 66th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,448,888.
What are key features of this property?
This property features: 1925‑built beautifully maintained two‑family brick home with 1,678 sq ft of living space on a 2,400 sq ft lot; Two apartments: each unit has 2 bedrooms; first floor includes an eat‑in kitchen and a newly renovated bathroom; Second‑floor apartment with 2 bedrooms plus kitchen, living room, and a full bathroom
