Brick Duplex with Private
New
For Sale
$875,000
2260 East 60th Pl, Brooklyn, NY 11234
The two residences offer a two-bedroom upper level and a one-bedroom lower level, with delivery planned vacant.
Property Size1,778 SF
Days on Market5
Property Features for 2260 East 60th Pl
General Information
Standard status
Active
Size
1,778 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 2BR, 1 x 1BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,600
Amenities
backyard
private driveway
garage
Building Details
Building Size
1,778 SF
Year Built
1960
Buildings
1
Stories
2
Construction
brick attached
Listing Agency:
Bergen Basin Realty
Listed By:
Lee S Wasserman
(718) 787-4110
Source:
Elliman
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 6:04PM
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 Bergen Basin Realty
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Investment Insights
Based on property information with market context.
Built in 1960, this attached brick duplex in Brooklyn has two residences: an upper-floor two-bedroom layout and a lower-floor one-bedroom layout. The upper residence includes wood flooring, an eat-in kitchen with updated stainless steel appliances, and a bathroom with a skylight. The lower residence features an oversized eat-in kitchen. Both floors have access to the backyard.
A private driveway accommodates three cars, and the built-in garage provides storage. The property is in the Mill Basin section of Brooklyn, near shopping, restaurants, houses of worship, and PS 236. The home is expected to be delivered vacant.
A private driveway accommodates three cars, and the built-in garage provides storage. The property is in the Mill Basin section of Brooklyn, near shopping, restaurants, houses of worship, and PS 236. The home is expected to be delivered vacant.
Key Highlights
- Attached brick duplex with two‑bedroom upper residence and one‑bedroom lower residence
- Upper‑level kitchen has updated stainless steel appliances and an eat‑in area
- Bathroom features a skylight; upper residence has wood flooring
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
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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 - The two residences offer a two-bedroom upper level and a one-bedroom lower level, with delivery planned vacant.
Where is this duplex located?
The property is located at 2260 East 60th Pl 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: Attached brick duplex with two‑bedroom upper residence and one‑bedroom lower residence; Upper‑level kitchen has updated stainless steel appliances and an eat‑in area; Bathroom features a skylight; upper residence has wood flooring
