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Brooklyn Multifamily with Medical Office

2177 E 69 St Brooklyn, NY 11234

Claim this Listing
For Sale
$1,649,000

Detached multifamily with medical office in Bergen Beach, Brooklyn.

Type:Investment
Property size:
5,000 SF
Lot size:
0.09 Acres
Price / SF:
$329/SF
Added:
May 18, 2026
Days on Market:
56
Last Refresh:
Jul 2 at 5:53 am

Property Features for 2177 E 69 St

General Information

Standard status
Active
Size
5,000 SF
Lot size
0.09 Acres
Property subtype
Investment

Building Details

Year Built
1975

Listing office

Listing date May 18, 2026

Source Elliman

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 Jason P. Sciulara


Investment Insights

Based on property information with market context.

This detached multifamily property is a two-family home with a medical office on the first floor. The brick building offers over 5,000 square feet of space, including the basement, and is situated on a 4,000 square foot corner lot in Bergen Beach, Brooklyn. The top floor apartment features six rooms, three bedrooms, and 1.75 bathrooms, along with a covered front terrace. The landlord's apartment also includes six rooms, three bedrooms, and 1.75 bathrooms, with a front terrace and a rear porch above the two-car garage. The first floor, currently configured as a medical office, has six rooms and 1.75 bathrooms, with access to a large unfinished basement. All units are equipped with central air and heat. The location has a walk score of 84, indicating it is very walkable, a transit score of 80, indicating excellent transit options, and a bike score of 66, indicating it is bikeable. This property is suitable for both business and residential use.

Key Highlights

  • Detached multi‑family property, ideal for business and residential use
  • First floor is configured for medical office use
  • Over 5,000 sq ft of space (including basement) on a 4,000 sq ft corner lot

Local Financial Insights For Office B

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 $216.0k $43.20
− Vacancy −$49.7k −$9.94
EGI $166.3k $33.26
− OpEx −$41.6k −$8.32
NOI $124.7k $24.95
5,000 SF · lease $43.20/SF/yr · vacancy 23.00% · expense 25.00%

Alternative Uses

Best Use
Mixed Use
$2.59M
$2.27M – $3.03M (±1% cap)
NOI $181,500 @ 7.0% cap · market cap 11.01%
Second Best
Multifamily LT 5
$2.50M
$2.19M – $2.92M (±1% cap)
NOI $175,109 @ 7.0% cap · market cap 10.62%
Theoretical Best
Specialty Retail
$4.14M
$3.62M – $4.83M (±1% cap)
NOI $289,800 @ 7.0% cap · market cap 17.57%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Barber Shop Hair Salon Spa & Massage Center Auto Parts Store Hotel & Motel Auto Repair Shop Food Market

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

FAQs

What type of property is this?
Mixed-use property - Detached multifamily with medical office in Bergen Beach, Brooklyn.
Where is this mixed-use property located?
The property is located at 2177 E 69 St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Detached multi‑family property, ideal for business and residential use; First floor is configured for medical office use; Over 5,000 sq ft of space (including basement) on a 4,000 sq ft corner lot
Contact an agent
More about this property
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