Brick Duplex with Attached
For Sale
$880,000
2421 E 17th Street, Brooklyn, NY 11235
Residential, Duplex, Brooklyn, NY
Property Size1,589 SF
Lot Size0.04 Acres
Price / SF$553.81
Days on Market49
Property Features for 2421 E 17th Street
General Information
Property type
Residential
Property subtype
Duplex
Zoning
R4
Bedrooms
2
Bathrooms
3
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3
Parking features
Garage - Attached
Interior features
Refrigerator, Stove
Subdivision
Sheepshead Bay
Standard status
Active
Size
1,589 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3151
Amenities
bonus room
backyard
Building Details
Year built
1930
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Brick
Architectural style
Other
Listing Agency:
Bergen Basin Realty LLC
Listed By:
Kathy N. Dunn
(718) 763-4110
Added: Sep 8
Changed: Oct 20
Last Checked: Oct 26 at 12:06PM
MLS# 504354
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.
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Investment Insights
Based on property information with market context.
This 1,589-square-foot brick duplex, built in 1930, includes two bedrooms and three baths across its main living areas and lower level. The first floor contains a kitchen, living room, and dining room, while the second floor provides two bedrooms and one full bath. A separate lower-level entrance leads to a bonus room and 3/4 bath. Interior features include a refrigerator and stove, with tile and carpet flooring throughout the home.
The attached property includes a one-car garage and a spacious backyard. Located at 2421 E 17th Street in Brooklyn, the residence is near the Q train and is designated R4. The 0.039-acre lot provides the setting for the attached brick structure and outdoor area.
The attached property includes a one-car garage and a spacious backyard. Located at 2421 E 17th Street in Brooklyn, the residence is near the Q train and is designated R4. The 0.039-acre lot provides the setting for the attached brick structure and outdoor area.
Key Highlights
- Duplex with 2 bedrooms and 3 baths
- 1,589 square feet on a 0.039‑acre lot
- Separate lower‑level entrance with bonus room and 3/4 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,649
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,112,980
$1.1M
Cap Rate 7%
$794,986
$795.0K
Cap Rate 9%
$618,322
$618.3K
Market Conditions
NOI Build-Up for 1,589 SF
Gross rent
$81.0K $51.00/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$79.5K $50.03/SF
− OpEx
−$23.8K −$15.01/SF
NOI
$55.6K $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%
$1,112,980
Cap Rate 7%
$794,986
Cap Rate 9%
$618,322
Alternative Uses
Best Use
Multifamily LT 5
$795.0K
$695.6K – $927.5K
NOI $55,649 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$693.0K
$606.4K – $808.5K
NOI $48,511 @ 7.0% cap · market cap 5.51%
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.53M
NOI $92,098 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,436
Businesses Nearby
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Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate-entry lower level adds a bonus room and 3/4 bath.
Where is this duplex located?
The property is located at 2421 E 17th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Duplex with 2 bedrooms and 3 baths; 1,589 square feet on a 0.039‑acre lot; Separate lower‑level entrance with bonus room and 3/4 bath
