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Brick Two-Family Duplex

2441 Bragg Street, Brooklyn, NY 11235

For Sale
New
$1,149,000

Residential, Duplex, Brooklyn, NY

Property Size2,265 SF
Lot Size0.05 Acres
Price / SF$507.28
Days on Market1

Property Features for 2441 Bragg Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3-2
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Interior features Refrigerator, Stove
Basement Unfinished
Subdivision Sheepshead Bay
Standard status Active
Size 2,265 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 6641

Amenities

backyard porch
full basement

Building Details

Year built 1955
Number of units 2
Flooring type Carpet, Tile, Hardwood
Building materials Brick
Roof type Flat
Architectural style Other
Buildings 1
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Mei Hua (Michelle) Dong · License NY #10401364256
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 506073

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 2,265-square-foot, four-story duplex contains two residences in a brick building constructed in 1955. The upper home has three bedrooms, a full bathroom, a half bathroom, living and formal dining rooms, and an eat-in kitchen. A porch provides outdoor space. The above-ground first-floor apartment includes two bedrooms, a living room, a kitchen, a full bathroom, and two separate entrances. A full basement with its own entrance adds further interior space.

The property occupies a 0.0459-acre lot at 2441 Bragg Street in Brooklyn. A community driveway provides parking for up to two cars. Shopping, schools, Emmons Avenue, waterfront restaurants, and neighborhood parks are nearby. Access options include the Belt Parkway, local bus service, the BM3 express bus to Manhattan, and the B and Q subway lines.

Key Highlights

  • Two‑family brick home with four stories; built in 1955
  • Upper residence includes 3 bedrooms, 1 full bathroom and 1 half bathroom
  • First‑floor apartment has 2 bedrooms, a full bathroom and two separate entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,324
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,586,480 $1.6M
Cap Rate 7%
$1,133,200 $1.1M
Cap Rate 9%
$881,378 $881.4K
Market Conditions
NOI Build-Up for 2,265 SF
Gross rent
$115.5K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$113.3K $50.03/SF
− OpEx
−$34.0K −$15.01/SF
NOI
$79.3K $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%
$1,586,480
Cap Rate 7%
$1,133,200
Cap Rate 9%
$881,378

Alternative Uses

Best Use
Multifamily LT 5
$1.13M
$991.6K – $1.32M (±1% cap)
NOI $79,324 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$987.8K
$864.4K – $1.15M (±1% cap)
NOI $69,148 @ 7.0% cap · market cap 6.02%
Theoretical Best
Specialty Retail
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,279 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,848
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Brooklyn, NY

$784 Jul
$771 Aug
$781 Sep
$752 Oct

Properties on Market for Duplexes in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide a three-bedroom upper home and a two-bedroom first-floor apartment.
Where is this duplex located?
The property is located at 2441 Bragg Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Two‑family brick home with four stories; built in 1955; Upper residence includes 3 bedrooms, 1 full bathroom and 1 half bathroom; First‑floor apartment has 2 bedrooms, a full bathroom and two separate entrances
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