Renovated Brick
For Sale
$1,499,000
2230 National Drive, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size2,424 SF
Lot Size0.07 Acres
Price / SF$618.40
Days on Market166
Property Features for 2230 National Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3
Patio and Porch features
Deck
Interior features
Alarm, Central Air, Deck, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Terrace, Washer
Subdivision
Mill Basin
Standard status
Active
Size
2,424 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
10967
Utilities
Water front
1
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Tammy Barmack
(718) 763-4110
Added: May 14
Changed: Oct 20
Last Checked: Oct 26 at 6:06PM
MLS# 501401
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.
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Investment Insights
Based on property information with market context.
This two-family duplex in Brooklyn is a 2,424-square-foot brick residence built in 1970 and offered vacant. The layout includes three bedrooms over two oversized bedrooms, three full bathrooms, and a finished basement that adds flexible interior space. Hardwood flooring, central air, laundry equipment, a kitchen with stove, refrigerator, and microwave, plus alarm service are included among the interior features. Outdoor amenities include a deck and terrace.
The property occupies a 24 x 100 lot and carries R5 zoning. Its all-brick construction and updated interior provide a durable residential configuration, while the vacant delivery allows the next owner to determine occupancy and use.
The property occupies a 24 x 100 lot and carries R5 zoning. Its all-brick construction and updated interior provide a durable residential configuration, while the vacant delivery allows the next owner to determine occupancy and use.
Key Highlights
- Two‑family duplex delivered vacant
- 2,424 square feet on a 24 x 100 lot
- Three bedrooms over two oversized bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,893
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,860
$1.7M
Cap Rate 7%
$1,212,757
$1.2M
Cap Rate 9%
$943,256
$943.3K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$123.6K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$121.3K $50.03/SF
− OpEx
−$36.4K −$15.01/SF
NOI
$84.9K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,697,860
Cap Rate 7%
$1,212,757
Cap Rate 9%
$943,256
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,893 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$1.06M
$925.0K – $1.23M
NOI $74,002 @ 7.0% cap · market cap 4.94%
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.34M
NOI $140,495 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,084
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-family property with finished basement and three full bathrooms.
Where is this duplex located?
The property is located at 2230 National Drive Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Two‑family duplex delivered vacant; 2,424 square feet on a 24 x 100 lot; Three bedrooms over two oversized bedrooms
