Two-Family Brick
For Sale
$1,150,000
2462 Bragg Street, Brooklyn, NY 11235
A separate two-bedroom apartment complements the owner’s three-bedroom duplex.
Property Size2,244 SF
Price / SF$512.48
Days on Market29
Property Features for 2462 Bragg Street
General Information
Standard status
Active
Size
2,244 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,563
Amenities
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
2,244 SF
Year Built
1955
Buildings
1
Stories
4
Units
2
Construction
brick
Listing Agency:
RE/MAX Edge
(718) 288-3835
Listed By:
Olga Moldavsky · License #10301216091
(917) 213-7332
Source:
Halknopfrealty
Added: Sep 28
Changed: Oct 25
Last Checked: Oct 26 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Edge
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Investment Insights
Based on property information with market context.
This brick, two-family residence spans four stories, including a finished basement. The owner’s duplex includes a living room, formal dining room, open kitchen, powder room, three bedrooms, and a full bathroom. A second unit has two bedrooms. Hardwood flooring extends throughout, and the bathrooms and basement have been updated recently.
The property includes two parking spaces at the rear, along with use of a community driveway. Shopping and bus service are nearby, as are the restaurants, cafés, and waterfront scenery along Emmons Avenue.
The property includes two parking spaces at the rear, along with use of a community driveway. Shopping and bus service are nearby, as are the restaurants, cafés, and waterfront scenery along Emmons Avenue.
Key Highlights
- Four‑story brick, two‑family residence with a finished basement
- Owner’s duplex has three bedrooms; separate apartment has two bedrooms
- Living room, formal dining room, open kitchen, powder room, and full bathroom in the owner’s unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,589
Cap Rate
6.83%
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 6.83%
Second Best
Apartment 5plus
$978.7K
$856.3K – $1.14M
NOI $68,507 @ 7.0% cap · market cap 5.96%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M
NOI $130,062 @ 7.0% cap · market cap 11.31%
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,848
Businesses Nearby
Explore this area
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
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
What type of property is this?
Duplex - A separate two-bedroom apartment complements the owner’s three-bedroom duplex.
Where is this duplex located?
The property is located at 2462 Bragg Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑story brick, two‑family residence with a finished basement; Owner’s duplex has three bedrooms; separate apartment has two bedrooms; Living room, formal dining room, open kitchen, powder room, and full bathroom in the owner’s unit
