2424 E 63rd Street Brooklyn, NY 11234
MULTI_FAMILY - Brooklyn, NY
- Added:
- Apr 16, 2026
- Days on Market:
- 89
- Last Refresh:
- Jul 13 at 9:06 am
Property Features for 2424 E 63rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
- Parking features
- Carport
- Interior features
- Refrigerator
- Basement
- Finished
- Standard status
- Active
- Size
- 2,544 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11448
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Block, Brick
- Roof type
- Flat
Listing agent Michael McGuire (718) 258-1222
Listing office Coldwell Banker LaBarca 3003 Avenue M, Brooklyn, NY (718) 258-1222
Listing date Apr 16, 2026
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.
The property is located at 2424 E 63rd Street in Brooklyn, in Kings County, New York. The listing is designated under zoning R5, which is relevant for understanding permitted use and development parameters within the area.
For buyers, the duplex format can fit several practical scenarios, including living in one unit while using the other unit for supplemental housing needs, or operating the building as a two-unit residential property. The consistent bedroom count across the floors may also simplify tenant or occupant planning compared with mixed-unit layouts. The finished basement adds additional usable space within the building, which can be important for storage, recreation, or other household needs depending on how the space is utilized.
Key Highlights
- Semi‑detached brick 2‑family building with interior stairs
- 3 bedrooms on upper level plus 3 bedrooms on lower level
- Finished basement included
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 | $129.7k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $127.3k | $50.03 |
| − OpEx | −$38.2k | −$15.01 |
| NOI | $89.1k | $35.02 |
