Brick Duplex with Private
New
For Sale
$875,000
2260 E 60th Place, Brooklyn, NY 11234
Residential, Ranch, Brooklyn, NY
Property Size1,778 SF
Lot Size0.05 Acres
Price / SF$492.13
Days on Market1
Property Features for 2260 E 60th Place
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R5
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Garage
Patio and Porch features
Porch, Patio
Interior features
A/C Unit, Dishwasher, Dryer, Patio Garden, Porch, Refrigerator, Stove, Washer
Basement
Crawl Space
Subdivision
Mill Basin
Standard status
Active
Size
1,778 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8600
Building Details
Year built
1960
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Granite
Building materials
Brick
Roof type
Flat
Architectural style
Ranch
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Lee S Wasserman
(718) 787-4110
Added: Oct 20
Last Checked: Oct 20 at 10:06PM
MLS# 505426
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 1,778-square-foot brick duplex was built in 1960 and is arranged as two residences. The upper unit has two bedrooms, hardwood floors, an eat-in kitchen with stainless steel appliances, and a bathroom with a skylight. The first-floor unit includes one bedroom and an oversized eat-in kitchen. The property is vacant and includes a built-in garage, a private driveway, and a backyard, along with a porch and patio. Interior features include air conditioning, a dishwasher, washer, dryer, refrigerator, and stove.
The property is in Brooklyn’s Mill Basin section and is zoned R5. Shopping, restaurants, and houses of worship are nearby. The listing also identifies PS 236, The Mill Basin School, as the zoned school.
The property is in Brooklyn’s Mill Basin section and is zoned R5. Shopping, restaurants, and houses of worship are nearby. The listing also identifies PS 236, The Mill Basin School, as the zoned school.
Key Highlights
- Two‑family brick property with 1,778 square feet of building area
- 0.0459‑acre lot
- Built in 1960 and zoned R5
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,269
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,245,380
$1.2M
Cap Rate 7%
$889,557
$889.6K
Cap Rate 9%
$691,878
$691.9K
Market Conditions
NOI Build-Up for 1,778 SF
Gross rent
$90.7K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$89.0K $50.03/SF
− OpEx
−$26.7K −$15.01/SF
NOI
$62.3K $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%
$1,245,380
Cap Rate 7%
$889,557
Cap Rate 9%
$691,878
Alternative Uses
Best Use
Multifamily LT 5
$889.6K
$778.4K – $1.04M
NOI $62,269 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$775.4K
$678.5K – $904.7K
NOI $54,280 @ 7.0% cap · market cap 6.20%
Theoretical Best
Specialty Retail
$1.47M
$1.29M – $1.72M
NOI $103,053 @ 7.0% cap · market cap 11.78%
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
1,188
Businesses Nearby
Explore this area
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 - Two separate living areas, a garage, and a backyard create a flexible residential setup.
Where is this duplex located?
The property is located at 2260 E 60th Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑family brick property with 1,778 square feet of building area; 0.0459‑acre lot; Built in 1960 and zoned R5
