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Duplex with Finished Basement

2168 Strauss Street Brooklyn, NY 11212

2168 Strauss Street, Brooklyn, NY, 11212
$900,000
For Sale
Claim this Listing
$900,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,320 SF
Lot Size0.06 Acres
Price / SF$387.93
AddedFeb 25
Days on Market141
Last RefreshJul 16 at 3:06 am

Property Features for 2168 Strauss Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 1
Standard status
Active
Size
2,320 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3137

Utilities

Heating system
Natural Gas, Heat Pump (Heating)
Water source
Public

Building Details

Year built
1925
Floors in Building
2
Flooring type
Laminate, Hardwood
Building materials
Brick
Roof type
Asphalt

Listing agent Roger L Adams

Listing office RD REALTY CONSULTANTS I LLC 2281 SCHENECTADY AVE, BROOKLYN, NY

Listing date Feb 25, 2026

MLS# 11662539 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 duplex building is configured with a 3-bedroom, 1-bath unit over a second 3-bedroom, 1-bath unit, plus a finished basement. The property is being delivered partially occupied, with the first-floor unit vacant. It is offered sold as-is, with no implied repairs or upgrades.

The address is 2168 Strauss Street in Brooklyn, NY 11212 (Kings County). The parcel is approximately 0.0574 acres, and the total property size is listed at 2,320 square feet.

For buyers seeking a straightforward residential income setup, the current layout supports two similarly sized apartment offerings, and the vacant first-floor unit can simplify immediate re-rental or owner-occupancy planning while the upper unit remains occupied at delivery. As an as-is sale, buyers should plan for their own due diligence on condition and any required updates based on their intended use.

Key Highlights

  • Brick building built in 1925 with public water and asphalt roof
  • 3‑bedroom, 1‑bath unit over 3‑bedroom, 1‑bath unit configuration
  • Finished basement

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 $118.3k $51.00
− Vacancy −$2.2k −$0.97
EGI $116.1k $50.03
− OpEx −$34.8k −$15.01
NOI $81.3k $35.02
2,320 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,250 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$1.01M
$885.3K – $1.18M (±1% cap)
NOI $70,827 @ 7.0% cap · market cap 7.87%
Theoretical Best
Specialty Retail
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,467 @ 7.0% cap · market cap 14.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center Acupuncture Bar & Pub Cafe & Coffee Shop Spa & Massage Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 3BR/1BA units with finished basement; first-floor unit vacant on an as-is delivery.
Where is this duplex located?
The property is located at 2168 Strauss Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Brick building built in 1925 with public water and asphalt roof; 3‑bedroom, 1‑bath unit over 3‑bedroom, 1‑bath unit configuration; Finished basement
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