Brooklyn Two-Family House For
2450 West Street Brooklyn, NY 11223
2450 West Street, Brooklyn, NY, 11223
$899,000
For Sale
$899,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,504 SF
Lot Size0.05 Acres
Price / SF$597.74
Days on Market269
Property Features for 2450 West Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
- Basement
- Full
- Standard status
- Active
- Size
- 1,504 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6670
Building Details
- Year built
- 1925
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Frame
Listing Agency
Century 21 Homefront Realty
(718) 252-6060
3048 Nostrand Avenue, Brooklyn, NY
Listed by
Delton Cheng · License #31CH0928260
(718) 252-6060
Added: Oct 21, 2025 Checked: Jul 16 at 10:06 pm
MLS# 496623
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.
Located in Gravesend, Brooklyn, this semi-detached two-family house offers potential for investors or buyers seeking an income-producing property. The property features a semi-finished basement with a separate exterior entrance. The first and second floors are currently tenant-occupied. The property is being sold in as-is condition. The lot size is 0.0459 acres and the property size is 1504 square feet. The zoning is R4. The property is conveniently located in a desirable neighborhood close to shopping, schools, and transportation.
Key Highlights
- Semi‑detached two‑family house (Wood frame) built in 1925
- Hardwood flooring
- Semifinished basement with separate exterior entrance
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 | $76.7k | $51.00 |
| − Vacancy | −$1.5k | −$0.97 |
| EGI | $75.2k | $50.03 |
| − OpEx | −$22.6k | −$15.01 |
| NOI | $52.7k | $35.02 |
1,504 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$752.5K
$658.4K – $877.9K
NOI $52,673 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$655.9K
$574.0K – $765.3K
NOI $45,916 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$1.25M
$1.09M – $1.45M
NOI $87,172 @ 7.0% cap · market cap 9.70%
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 - Two-family house in Gravesend, tenant-occupied, ideal for investors.
Where is this duplex located?
The property is located at 2450 West Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Semi‑detached two‑family house (Wood frame) built in 1925; Hardwood flooring; Semifinished basement with separate exterior entrance
