Brick Two-Family
For Sale
$1,388,000
2424 E 63rd Street, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size2,544 SF
Lot Size0.07 Acres
Price / SF$545.60
Days on Market51
Property Features for 2424 E 63rd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
6
Bathrooms
3
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 3
Interior features
Microwave, Refrigerator, Stove
Basement
Finished
Subdivision
Mill Basin
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
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Bergen Basin Realty LLC
(718) 763-4110
Listed By:
Doreen Alfano
(917) 257-0211
Added: Aug 21
Changed: Oct 6
Last Checked: Oct 10 at 2:06AM
MLS# 503769
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 2,544-square-foot semi-attached duplex was built in 1960 with brick construction and a flat roof. The layout provides three bedrooms over three bedrooms, along with three bathrooms and a finished basement with its own entrance. Hardwood flooring and an interior package including a stove, refrigerator, and microwave are included. The property is currently tenant occupied and may be delivered vacant.
The 0.0671-acre property is located at 2424 E 63rd Street in Brooklyn’s Mill Basin area. It includes three-car parking and carries R5 zoning. The two-family configuration offers separate residential levels within a single attached-home structure.
The 0.0671-acre property is located at 2424 E 63rd Street in Brooklyn’s Mill Basin area. It includes three-car parking and carries R5 zoning. The two-family configuration offers separate residential levels within a single attached-home structure.
Key Highlights
- Two‑family duplex with 3 bedrooms over 3 bedrooms
- 2,544 square feet on a 0.0671‑acre lot
- Finished basement with separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,095
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,781,900
$1.8M
Cap Rate 7%
$1,272,786
$1.3M
Cap Rate 9%
$989,944
$989.9K
Market Conditions
NOI Build-Up for 2,544 SF
Gross rent
$129.7K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$127.3K $50.03/SF
− OpEx
−$38.2K −$15.01/SF
NOI
$89.1K $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%
$1,781,900
Cap Rate 7%
$1,272,786
Cap Rate 9%
$989,944
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $89,095 @ 7.0% cap · market cap 6.42%
Second Best
Apartment 5plus
$1.11M
$970.8K – $1.29M
NOI $77,666 @ 7.0% cap · market cap 5.60%
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,450 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Semi-attached duplex with two three-bedroom units, a finished basement, separate entrance, and three-car parking.
Where is this duplex located?
The property is located at 2424 E 63rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Two‑family duplex with 3 bedrooms over 3 bedrooms; 2,544 square feet on a 0.0671‑acre lot; Finished basement with separate entrance
