Detached Two-Family
2214 Coleman Street Brooklyn, NY 11234
New
2214 Coleman Street, Brooklyn, NY, 11234
$849,000
For Sale
$849,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,776 SF
Lot Size0.04 Acres
Price / SF$478.04
Days on Market2
Property Features for 2214 Coleman Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4,C2-2
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
- Interior features
- Refrigerator, Stove, Window Treatments
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 1,776 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6162
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Wood Frame
- Roof type
- Flat
- Architectural style
- Ranch
Listing Agency
Bergen Basin Realty LLC
(718) 787-4110
3120 Quentin Rd, Brooklyn, NY
Listed by
Lee S Wasserman
(718) 763-4110
Added: Jul 17 Checked: Jul 18 at 2:06 pm
MLS# 502717
Listing URL
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.
Detached two-family property with two separate one-bedroom, one-bath units. The top floor features a bright one-bedroom, one-bath layout. The first floor offers an oversized, updated one-bedroom, one-bath interior with an open concept and European tile. A large unfinished basement connects to the home and provides space that can be used for storage or finished, and the home’s mechanicals have been updated.
The property is located in the Marine Park section of Brooklyn and is described as centrally located near Kings Plaza Regional Mall, CVS pharmacy, banks, medical facilities, and mass transit hubs. It also notes convenient access to Belt Parkway and proximity to shopping, restaurants, and houses of worship.
Zoning is listed as R4 and C2-2, and the listing states the first floor may be used for commercial or professional space under the applicable zoning, or kept as residential space.
The property is located in the Marine Park section of Brooklyn and is described as centrally located near Kings Plaza Regional Mall, CVS pharmacy, banks, medical facilities, and mass transit hubs. It also notes convenient access to Belt Parkway and proximity to shopping, restaurants, and houses of worship.
Zoning is listed as R4 and C2-2, and the listing states the first floor may be used for commercial or professional space under the applicable zoning, or kept as residential space.
Key Highlights
- Detached two‑family property in Brooklyn’s Marine Park section, built in 1925 (Ranch style, wood frame construction).
- Zoned C2‑2, offering flexibility to use the 1st floor as commercial/professional space or residential space.
- Top floor features a 1‑bedroom, 1‑bath unit.
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 | $90.6k | $51.00 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $88.9k | $50.03 |
| − OpEx | −$26.7k | −$15.01 |
| NOI | $62.2k | $35.02 |
1,776 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$888.6K
$777.5K – $1.04M
NOI $62,199 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$774.6K
$677.7K – $903.7K
NOI $54,219 @ 7.0% cap · market cap 6.39%
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $102,937 @ 7.0% cap · market cap 12.12%
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 - Detached two-family with a bright upstairs 1BR/1BA, an updated 1BR/1BA on the first floor, plus an unfinished basement.
Where is this duplex located?
The property is located at 2214 Coleman Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Detached two‑family property in Brooklyn’s Marine Park section, built in 1925 (Ranch style, wood frame construction).; Zoned C2‑2, offering flexibility to use the 1st floor as commercial/professional space or residential space.; Top floor features a 1‑bedroom, 1‑bath unit.
