Brick Two-Family
2424 E 63rd Street Brooklyn, NY 11234
2424 E 63rd Street, Brooklyn, NY, 11234
$1,399,999
For Sale
$1,399,999
MULTI_FAMILY - Brooklyn, NY
Property Size2,544 SF
Lot Size0.07 Acres
Price / SF$550.31
Days on Market94
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 Agency
Coldwell Banker LaBarca
(718) 258-1222
3003 Avenue M, Brooklyn, NY
Listed by
Michael McGuire
(718) 258-1222
Added: Apr 16 Checked: Jul 18 at 3:06 pm
MLS# 500563
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 semi-detached brick two-family property is built with a 3-bedroom unit over a 3-bedroom unit. The home includes finished basement space and interior stairs that run throughout the interior, supporting a functional, separated layout across the levels. The overall configuration is straightforward for households that want distinct living areas while still sharing the same building envelope.
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.
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 |
2,544 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $89,095 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$1.11M
$970.8K – $1.29M
NOI $77,666 @ 7.0% cap · market cap 5.55%
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,450 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Semi-detached brick duplex with 3-bedroom over 3-bedroom layout and finished basement, suited for owner-occupancy or rental housing.
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 $1,399,999.
What are key features of this property?
This property features: Semi‑detached brick 2‑family building with interior stairs; 3 bedrooms on upper level plus 3 bedrooms on lower level; Finished basement included
