For Sale
$1,500,000
2459 W 2nd Street, Brooklyn, NY 11223
Residential, Brooklyn, NY
Property Size1,260 SF
Lot Size0.09 Acres
Price / SF$1,190
Days on Market79
Property Features for 2459 W 2nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
Interior features
A/C Unit - Window, Dryer, Refrigerator, Stove, Washer
Basement
Full, Finished
Subdivision
Gravesend
Standard status
Active
Size
1,260 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
8295
Building Details
Floors in Building
2
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
Hometime Estates of Brooklyn L
Listed By:
Lee Goldstein
(718) 524-0400
Added: Aug 14
Changed: Oct 28
Last Checked: Oct 31 at 5:06AM
MLS# 503798
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,127
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,540
$882.5K
Cap Rate 7%
$630,386
$630.4K
Cap Rate 9%
$490,300
$490.3K
Market Conditions
NOI Build-Up for 1,260 SF
Gross rent
$64.3K $51.00/SF
− Vacancy
−$1.2K −$0.97/SF
EGI
$63.0K $50.03/SF
− OpEx
−$18.9K −$15.01/SF
NOI
$44.1K $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%
$882,540
Cap Rate 7%
$630,386
Cap Rate 9%
$490,300
Alternative Uses
Best Use
Multifamily LT 5
$630.4K
$551.6K – $735.5K
NOI $44,127 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$549.5K
$480.8K – $641.1K
NOI $38,466 @ 7.0% cap · market cap 2.56%
Theoretical Best
Specialty Retail
$1.04M
$912.9K – $1.22M
NOI $73,030 @ 7.0% cap · market cap 4.87%
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
Open Analytics
Location Intelligence
Trade Area within ½ mile
3,363
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
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
Frequently Asked Questions
Where is this duplex located?
The property is located at 2459 W 2nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,500,000.
