Brick Duplex with Private
For Sale
$999,000
2351 E 26th Street E, Brooklyn, NY 11229
Residential, High Ranch, Brooklyn, NY
Property Size1,890 SF
Lot Size0.05 Acres
Price / SF$528.57
Days on Market132
Property Features for 2351 E 26th Street E
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2
Parking features
Garage
Patio and Porch features
Deck
Interior features
A/C Unit - Wall, Alarm, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Terrace, Washer
Subdivision
Sheepshead Bay
Standard status
Active
Size
1,890 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8250
Amenities
backyard
balconies/terraces
Building Details
Year built
1950
Floors in Building
2
Flooring type
Hardwood, Ceramic
Building materials
Brick
Roof type
Flat, Rubber
Architectural style
Ranch
Listing Agency:
Mill Realty Group Inc.
Listed By:
Lily Milman
(718) 266-4030
Added: Jun 1
Changed: Oct 10
Last Checked: Oct 10 at 11:06AM
MLS# 501886
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 attached brick duplex contains two separate apartments within an approximately 1,890-square-foot residence. The first-floor unit has one bedroom and backyard access, while the second-floor apartment provides two bedrooms along with a renovated kitchen and bathroom. Hardwood and ceramic flooring, wall-mounted air conditioning, laundry equipment, and a dishwasher are among the interior features. Deck and terrace areas extend the usable outdoor space, and both apartments have access to the large backyard. The property also includes a built-in garage and private parking.
Constructed in 1950 with a ranch architectural style, the building has a flat rubber roof and an updated boiler and hot water heater that are approximately 5 years old. It is located at 2351 E 26th Street E in Brooklyn’s Sheepshead Bay area, near the B/Q trains at Neck Road and Sheepshead Bay stations, B36, B44, and BM3 bus service, parks, restaurants, supermarkets, and schools. The property is zoned R4 and occupies a 0.0505-acre lot.
Constructed in 1950 with a ranch architectural style, the building has a flat rubber roof and an updated boiler and hot water heater that are approximately 5 years old. It is located at 2351 E 26th Street E in Brooklyn’s Sheepshead Bay area, near the B/Q trains at Neck Road and Sheepshead Bay stations, B36, B44, and BM3 bus service, parks, restaurants, supermarkets, and schools. The property is zoned R4 and occupies a 0.0505-acre lot.
Key Highlights
- Two‑family brick duplex at 2351 E 26th Street E, Brooklyn, NY 11229
- 1,890 square feet on a 0.0505‑acre lot
- Unit mix includes 1‑bedroom and 2‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,191
Cap Rate
6.63%
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 6.63%
Second Best
Apartment 5plus
$824.3K
$721.3K – $961.7K
NOI $57,700 @ 7.0% cap · market cap 5.78%
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.83M
NOI $109,544 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
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
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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 - Attached brick duplex with two apartments, outdoor areas, garage parking, and updated mechanical systems.
Where is this duplex located?
The property is located at 2351 E 26th Street E Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two‑family brick duplex at 2351 E 26th Street E, Brooklyn, NY 11229; 1,890 square feet on a 0.0505‑acre lot; Unit mix includes 1‑bedroom and 2‑bedroom apartments
