Spacious Two-Family Brick
2205 85th St Brooklyn, NY 11214
2205 85th St, Brooklyn, NY, 11214
$1,950,000
For Sale
$1,950,000
Large two-family brick home with parking in prime location.
Property Size3,300 SF
Price / SF$590.91
Days on Market62
Property Features for 2205 85th St
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1970
Listing agency
(718) 266-3900
Listed by
George L. Clark III
(718) 266-3900
Source
Elliman
Added: May 21 Updated: Jul 10 at 1:37PM Checked: Jul 21 at 9:00AM
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 George L. Clark III
Investment Insights
Based on property information with market context.
Located in Bensonhurst/Bay Parkway, this large two-family brick home features a private driveway and garage. The building, constructed with dimensions of 20' x 55' across three stories, provides a total of 3,300 square feet. Each of the first-floor units includes a living room, dining room, three bedrooms, and a bathroom. The lower level comprises four rooms, including two bedrooms, and a newly renovated bathroom, creating a suite. Additional features include two newly renovated bathrooms, hardwood flooring, two front terraces, and a large rear yard. The property is conveniently located near public transportation, including the "D" train and bus stops, as well as the shopping, restaurants, and schools of 86th Street. The location has a walk score of 96, indicating it is a walker's paradise, a transit score of 84, indicating excellent transit options, and a bike score of 56, indicating it is bikeable.
Key Highlights
- Large 2‑family brick home with private driveway and garage.
- Excellent transit score (84) and walker's paradise (96) location, close to the 'D' train and bus stops.
- Spacious 3,300 sq. ft. with three stories, including a lower level suite with 2 bedrooms and a newly renovated bathroom.
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 | $134.6k | $40.80 |
| − Vacancy | −$6.1k | −$1.84 |
| EGI | $128.6k | $38.96 |
| − OpEx | −$38.6k | −$11.69 |
| NOI | $90.0k | $27.27 |
3,300 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.29M
$1.13M – $1.50M
NOI $90,007 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,667 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$1.93M
$1.68M – $2.25M
NOI $134,754 @ 7.0% cap · market cap 6.91%
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 - Large two-family brick home with parking in prime location.
Where is this duplex located?
The property is located at 2205 85th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Large 2‑family brick home with private driveway and garage.; Excellent transit score (84) and walker's paradise (96) location, close to the 'D' train and bus stops.; Spacious 3,300 sq. ft. with three stories, including a lower level suite with 2 bedrooms and a newly renovated bathroom.
