Brick Two-Family
For Sale
$1,080,000
2345 E 26th Street, Brooklyn, NY 11229
Residential, Brooklyn, NY
Property Size1,890 SF
Lot Size0.05 Acres
Price / SF$571.43
Days on Market53
Property Features for 2345 E 26th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5
Parking features
Garage - Attached
Interior features
A/C Unit, Refrigerator, Stove
Subdivision
Sheepshead Bay
Standard status
Active
Size
1,890 SF
Lot size
0.05 Acres
Additional Details
Individually Metered Utilities
electricity, gas
Taxes and HOA fees
Tax Annual Amount
8428
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Buildings
1
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Kelly Wu · License #10401268467
(718) 612-3088
Added: Sep 15
Changed: Oct 29
Last Checked: Nov 6 at 5:06AM
MLS# 504558
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick duplex contains two separately arranged residences. The first-floor unit includes two bedrooms, a living room, kitchen, full bathroom, and front and rear entrances. Upstairs, the second unit provides three bedrooms, a living room, kitchen, full bathroom, and backyard access. The property also includes an attached garage and private driveway.
Each residence has its own heating system, water heater, electric meter, and gas meter. Interior finishes include hardwood and tile flooring, with air-conditioning units, refrigerators, and stoves. Built in 1950, the property occupies a 22x100 lot and has a 22x49 building size. Zoning is R4.
Shopping, restaurants, schools, and public transportation are nearby, including Q and B train service and B3, B36, B44, B44-SBS, and BM3 bus routes.
Each residence has its own heating system, water heater, electric meter, and gas meter. Interior finishes include hardwood and tile flooring, with air-conditioning units, refrigerators, and stoves. Built in 1950, the property occupies a 22x100 lot and has a 22x49 building size. Zoning is R4.
Shopping, restaurants, schools, and public transportation are nearby, including Q and B train service and B3, B36, B44, B44-SBS, and BM3 bus routes.
Key Highlights
- Two‑family brick duplex with separate first- and second‑floor residences
- 22x100 lot with a 22x49 building size
- First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,191
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,323,820
$1.3M
Cap Rate 7%
$945,586
$945.6K
Cap Rate 9%
$735,456
$735.5K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$96.4K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$94.6K $50.03/SF
− OpEx
−$28.4K −$15.01/SF
NOI
$66.2K $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%
$1,323,820
Cap Rate 7%
$945,586
Cap Rate 9%
$735,456
Alternative Uses
Best Use
Multifamily LT 5
$945.6K
$827.4K – $1.10M
NOI $66,191 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$824.3K
$721.3K – $961.7K
NOI $57,700 @ 7.0% cap · market cap 5.34%
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.83M
NOI $109,544 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,524
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences with private entrances, individual utilities, and an attached garage.
Where is this duplex located?
The property is located at 2345 E 26th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Two‑family brick duplex with separate first- and second‑floor residences; 22x100 lot with a 22x49 building size; First‑floor unit has 2 bedrooms; second‑floor unit has 3 bedrooms
