Brick Two-Family
2460 Bragg Street, Brooklyn, NY 11235
For Sale
$995,000
Residential, Brooklyn, NY
Property Size2,244 SF
Lot Size0.05 Acres
Price / SF$443.40
Days on Market54
Property Features for 2460 Bragg Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Patio and Porch features
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
front and rear porches
stainless steel appliances
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Revived Residential
Listed By:
Michael Feldman
(929) 379-3750
Added: Sep 23
Changed: Oct 30
Last Checked: Nov 15 at 10:06AM
MLS# 504798
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 brick two-family property contains 2,244 square feet on a 20-by-100-foot lot. The owner’s duplex has approximately 1,440 square feet, with three bedrooms, 1.5 bathrooms, a living room, and a separate dining room. A distinct rental unit includes two bedrooms and one bathroom. The 720-square-foot basement has a separate entrance and high ceilings. Interior details include hardwood floors and a kitchen with stainless steel appliances; window-unit air conditioning and a laundry area are also noted.
Two private parking spaces are located at the rear, and the property has front and rear porches. It was built in 1955 and is zoned R3-2.
Two private parking spaces are located at the rear, and the property has front and rear porches. It was built in 1955 and is zoned R3-2.
Key Highlights
- Two‑family brick residence with 2,244 square feet
- 20‑by‑100‑foot lot; 0.0459 acres
- Owner’s duplex offers approximately 1,440 square feet, three bedrooms, and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,589
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,571,780
$1.6M
Cap Rate 7%
$1,122,700
$1.1M
Cap Rate 9%
$873,211
$873.2K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$114.4K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$112.3K $50.03/SF
− OpEx
−$33.7K −$15.01/SF
NOI
$78.6K $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%
$1,571,780
Cap Rate 7%
$1,122,700
Cap Rate 9%
$873,211
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$982.4K – $1.31M
NOI $78,589 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$978.7K
$856.3K – $1.14M
NOI $68,507 @ 7.0% cap · market cap 6.89%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M
NOI $130,062 @ 7.0% cap · market cap 13.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,848
Businesses Nearby
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Business Placement
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
$723,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Brooklyn, NY
Properties on Market for Duplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The residence combines an owner’s duplex with a separate two-bedroom rental apartment.
Where is this duplex located?
The property is located at 2460 Bragg Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two‑family brick residence with 2,244 square feet; 20‑by‑100‑foot lot; 0.0459 acres; Owner’s duplex offers approximately 1,440 square feet, three bedrooms, and 1.5 bathrooms
