Two-Family Home with
2351 84th Street Brooklyn, NY 11214
For Sale
Contact for pricing
Well-maintained two-family residence with multiple off-street parking and a finished basement with separate entrance.
Property Size2,601 SF
Lot Size0.14 Acres
Price / SF$761.25
Days on Market12
Property Features for 2351 84th Street
General Information
- Standard status
- Active
- Size
- 2,601 SF
- Lot size
- 0.14 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1905
Listing Agency:
Molcho Realty Group
(732) 289-3900
Listed By:
Maurice Molcho · License #10301216355
Source:
Crexi
Added: Jul 15
Changed: Jul 19
Last Checked: Jul 24 at 3:58PM
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 Molcho Realty Group
Investment Insights
Based on property information with market context.
This well-maintained two-family home offers flexible living space across both floors. The first floor includes a 6-room, 2-bedroom, 1-bath apartment, along with a full finished basement that has a separate entrance. The basement features an open recreational area, two additional rooms, and a convenient 1/2 bath.
The second floor presents a bright and airy 6-room layout with 3 bedrooms, with access to a finished attic for additional usable space. Exterior features include off-street parking for multiple vehicles and an expansive outdoor area on a 60x100 lot.
The property is located in an R5 zoning district and is described as being close to shopping and transportation in Bensonhurst. No showings are available until 7/14/2026.
The second floor presents a bright and airy 6-room layout with 3 bedrooms, with access to a finished attic for additional usable space. Exterior features include off-street parking for multiple vehicles and an expansive outdoor area on a 60x100 lot.
The property is located in an R5 zoning district and is described as being close to shopping and transportation in Bensonhurst. No showings are available until 7/14/2026.
Key Highlights
- Two‑family home built in 1905 on a 60x100 lot in an R5 zoning district
- First‑floor unit: 6 rooms, 2 bedrooms, 1 bathroom, plus a full finished basement with separate entrance
- Basement includes open recreational area, two additional rooms, and a 1/2 bath
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.2k | $46.20 |
| − Vacancy | −$4.6k | −$1.76 |
| EGI | $115.6k | $44.44 |
| − OpEx | −$52.0k | −$20.00 |
| NOI | $63.6k | $24.44 |
2,601 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$908.3K
$794.8K – $1.06M
NOI $63,580 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,211 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Well-maintained two-family residence with multiple off-street parking and a finished basement with separate entrance.
Where is this multifamily property located?
The property is located at 2351 84th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Two‑family home built in 1905 on a 60x100 lot in an R5 zoning district; First‑floor unit: 6 rooms, 2 bedrooms, 1 bathroom, plus a full finished basement with separate entrance; Basement includes open recreational area, two additional rooms, and a 1/2 bath
