Brick Duplex with Finished
New
For Sale
$1,250,000
2277 E 72nd Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size1,941 SF
Lot Size0.11 Acres
Price / SF$643
Days on Market3
Property Features for 2277 E 72nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
4
Full bathrooms
3
Rooms
Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3
Interior features
Central Air, Refrigerator, Stove
Basement
Finished
Subdivision
Bergen Beach
Standard status
Active
Lot size
0.11 Acres
Building Details
Number of units
1
Flooring type
Carpet
Building materials
Brick
Listing Agency:
Petros Realty Services, Inc
Listed By:
Markos D. Hatgipetros
(718) 259-7800
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:06PM
MLS# 505182
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.
This brick duplex contains 1,941 square feet on a 50-by-100-foot corner lot. Interior features include a finished basement with high ceilings, central air, and a layout with three bedrooms and living and dining areas. A private driveway, garage, and backyard patio provide additional on-site features. The property is zoned R3-1.
The Brooklyn property is near Kings Plaza and the Belt Parkway, with B2/B9 bus service nearby.
The Brooklyn property is near Kings Plaza and the Belt Parkway, with B2/B9 bus service nearby.
Key Highlights
- Two‑family brick home with 1,941 square feet
- 50‑by‑100‑foot corner lot; 0.1148 acres
- Finished basement with high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,977
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,359,540
$1.4M
Cap Rate 7%
$971,100
$971.1K
Cap Rate 9%
$755,300
$755.3K
Market Conditions
NOI Build-Up for 1,941 SF
Gross rent
$99.0K $51.00/SF
− Vacancy
−$1.9K −$0.97/SF
EGI
$97.1K $50.03/SF
− OpEx
−$29.1K −$15.01/SF
NOI
$68.0K $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%
$1,359,540
Cap Rate 7%
$971,100
Cap Rate 9%
$755,300
Alternative Uses
Best Use
Multifamily LT 5
$971.1K
$849.7K – $1.13M
NOI $67,977 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$846.5K
$740.7K – $987.6K
NOI $59,257 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,500 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
512
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A two-family residence with a private driveway, garage, and patio-equipped backyard.
Where is this duplex located?
The property is located at 2277 E 72nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑family brick home with 1,941 square feet; 50‑by‑100‑foot corner lot; 0.1148 acres; Finished basement with high ceilings
