Sheepshead Bay Multi-Family Brick
2441 E 23rd Street, Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
Type:Duplex
Property size:
2,400 SFLot size:
0.06 AcresPrice / SF:
$624/SF- Added:
- May 7, 2026
- Days on Market:
- 10
- Last Refresh:
- May 16 at 10:06 pm
Property Features for 2441 E 23rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 5, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2
- Interior features
- Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10767
Building Details
- Year built
- 1935
- Number of units
- 3
- Flooring type
- Tile, Linoleum, Parquet Wood, Hardwood
- Building materials
- Brick
- Roof type
- Flat, Rubber
- Architectural style
- Other
Listing agent Danny D. Chung (718) 569-2888
Listing office Pride Estates 3215 Quentin Rd, Brooklyn, NY (718) 569-2888
Listing date May 7, 2026
MLS# 501207
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.
HighLights
- Delivered vacant at closing, offering immediate occupancy or rental income potential.
- Prime Sheepshead Bay location, convenient to shopping, schools, restaurants, parks, public transportation, and places of worship.
- Three separate units (two 1‑bedroom units, one 3‑bedroom unit) with individual gas and electric meters, ideal for rental income or multi‑generational living.
- Finished basement with separate entrance, two large recreational spaces, storage, and a 3/4 bathroom, adding significant living space.
- Well‑maintained brick construction with split system air conditioning, hardwood floors, and granite countertops.
- Backyard space suitable for parking or BBQ.
Overview
This multifamily brick home is located in Sheepshead Bay, Brooklyn. The building, with dimensions of 20.5 feet wide by 60 feet long, sits on a 25 ft x 100 ft lot. The top two floors offer a combined 2400 square feet of living space, with an additional 1200 square feet in the basement. The second floor is divided into two units, each featuring one bedroom, a living room, a kitchen, a dining area, and a full bathroom. The first-floor unit includes three bedrooms, a living room, a kitchen, and a full bathroom, with an internal staircase providing access to the basement. The finished basement, accessible via a separate entrance, offers two large recreational spaces, storage rooms, a mechanical room, and a 3/4 bathroom. The property features three gas meters, three electric meters, split system air conditioning, hardwood floors, and granite countertops. A backyard space is suitable for parking or barbecues. The property can be delivered vacant at closing. It is conveniently located near shopping, schools, restaurants, places of worship, parks, and public transportation. The property is zoned R4 and is suitable for various users.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$933.9K
NOI $84,052 @ 9.00% cap · cautious / downside scenario
Moderate
$1.20M
NOI $84,052 @ 7.00% cap · market / base-case scenario
Aggressive
$1.68M
NOI $84,052 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.4k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $120.1k | $50.03 |
| − OpEx | −$36.0k | −$15.01 |
| NOI | $84.1k | $35.02 |
2,400 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,052 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$1.05M
$915.9K – $1.22M
NOI $73,270 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,104 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.946783
- Latitude
- 40.592076
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Well-maintained 3-family home in prime Sheepshead Bay, Brooklyn.
Where is this triplex located?
The property is located at 2441 E 23rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Delivered vacant at closing, offering immediate occupancy or rental income potential.; Prime Sheepshead Bay location, convenient to shopping, schools, restaurants, parks, public transportation, and places of worship.; Three separate units (two 1‑bedroom units, one 3‑bedroom unit) with individual gas and electric meters, ideal for rental income or multi‑generational living.
