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Single-Family Home With Basement Entry

2354 85th Street Brooklyn, NY 11214

2354 85th Street, Brooklyn, NY, 11214
$1,325,000
For Sale
$1,325,000

SINGLE_FAMILY - Brooklyn, NY

Property Size1,800 SF
Lot Size0.05 Acres
Price / SF$736.11
Days on Market18

Property Features for 2354 85th Street

General Information

Property type
Residential
Property subtype
Duplex
Zoning
R5
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Parking features
Garage - Detached
Interior features
Alarm, Stove
Basement
Full
Standard status
Active
Size
1,800 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
7490

Building Details

Year built
1925
Floors in Building
2
Flooring type
Carpet
Building materials
Wood Frame
Roof type
Flat
Architectural style
Other
Listing Agency Metro Realty Professionals
6203 18th Avenue, Brooklyn, NY
Listed by Jian Yang (Carey)
Added: Jul 1 Checked: Jul 18 at 6:06 pm
MLS# 502712 Listing URL

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 single-family home offers a spacious, two-level layout with multiple living areas and bathrooms. The main floor includes a living room, dining room, large kitchen, an oversized primary bedroom, a second bedroom, and a full bathroom. The second floor features a family room, den, a third bedroom, and a full bathroom, with lots of windows. There is also a full basement with a side entrance, plus an attached sense of outdoor space with a private backyard, a detached garage, and a front yard.

The property sits on a shared driveway and is identified under R5 zoning. It is described as being conveniently located near 86th Street, supermarkets, restaurants, and bakeries, with access to bus lines and subway service, including the B1 and B64 bus lines and the D train at Bay Pkwy/25th Avenue.

The home is approximately 1,800 square feet and is being sold in as-is condition, with a need for TLC. The second-floor building dimension is noted as 18 x 40.

Key Highlights

  • About 1,800 sq ft single‑family home built in 1925, sold in AS IS condition and needs TLC
  • Main floor layout includes living room, dining room, large kitchen, oversized primary bedroom, second bedroom, and a full bathroom
  • Second floor offers a family room, den, third bedroom, and a full bathroom with lots of windows (18 x 40 second‑floor size)

Local Financial Insights For Multifamily LT 5

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 $73.4k $40.80
− Vacancy −$3.3k −$1.84
EGI $70.1k $38.96
− OpEx −$21.0k −$11.69
NOI $49.1k $27.27
1,800 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$701.4K
$613.7K – $818.3K (±1% cap)
NOI $49,095 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$628.6K
$550.0K – $733.3K (±1% cap)
NOI $44,000 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.05M
$918.8K – $1.23M (±1% cap)
NOI $73,502 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Gym & Fitness Center Bar & Pub Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-story home with full basement and side entrance, detached garage, and private backyard; sold in as-is condition.
Where is this duplex located?
The property is located at 2354 85th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: About 1,800 sq ft single‑family home built in 1925, sold in AS IS condition and needs TLC; Main floor layout includes living room, dining room, large kitchen, oversized primary bedroom, second bedroom, and a full bathroom; Second floor offers a family room, den, third bedroom, and a full bathroom with lots of windows (18 x 40 second‑floor size)
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