Updated Two-Family Row
2462 Bragg Street Brooklyn, NY 11235
New
MULTI_FAMILY - Other - Brooklyn, NY
Property size:
2,244 SFLot size:
0.50 AcresPrice / SF:
$579/SF- Added:
- Jul 8, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 10 at 9:06 am
Property Features for 2462 Bragg Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 4, Basement, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
- Window features
- ENERGY STAR Qualified WIndows
- Patio and Porch features
- Porch
- Interior features
- Washer/Dryer Hookup
- Fencing
- Fenced
- Basement
- Walk-Out Access, Full
- Standard status
- Active
- APN
- 07427-0031
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7194
Utilities
- Sewer type
- Public Sewer
- Heating system
- Energy Star Qualified Equipment (Heating)
- Cooling system
- ENERGY STAR Qualified Equipment
- Water source
- Public
Building Details
- Year built
- 1955
- Number of units
- 2
- Flooring type
- Hardwood, Tile - Ceramic
- Building materials
- Frame
- Architectural style
- Other
Listing agent Joseph V. Lombardo CBR (516) 200-6448
Listing office Lombardo Homes & Estates 195 San Juan Dr, NY (516) 200-6448
Listing date Jul 8, 2026
MLS# 1023760
Listing URL
Copyright © 2026 OneKey MLS. 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.
This updated attached two-family row house built in 1955 offers approximately 2,244 square feet of living space with an open layout. The home features 5 bedrooms and 4 bathrooms, with an updated kitchen, hardwood floors, and renovated bathrooms finished with custom Italian stone. A full basement is included, and the property is heated with baseboard heat fueled by natural gas. The exterior roof is asphalt, with a newer roof referenced as approximately two years old, along with recently updated furnace and hot water heater.
The property includes two off-street parking spaces and is served by public water and public sewer. It is described as located in the Sheepshead Bay area, with the Sheepshead Bay waterfront, restaurants, shopping, public transportation, and neighborhood conveniences noted within walking distance.
This configuration can support both owner-occupants and investors seeking a flexible two-family setup. The rental unit currently has a tenant in place who is willing to remain, which may help with continuity of occupancy. The combination of updated interiors, long-term mechanical references, and dedicated parking can appeal to tenants and buyers looking for a well-kept attached income property.
The property includes two off-street parking spaces and is served by public water and public sewer. It is described as located in the Sheepshead Bay area, with the Sheepshead Bay waterfront, restaurants, shopping, public transportation, and neighborhood conveniences noted within walking distance.
This configuration can support both owner-occupants and investors seeking a flexible two-family setup. The rental unit currently has a tenant in place who is willing to remain, which may help with continuity of occupancy. The combination of updated interiors, long-term mechanical references, and dedicated parking can appeal to tenants and buyers looking for a well-kept attached income property.
Key Highlights
- Updated two‑family attached row house built in 1955 with approximately 2,244 sq ft and 5 bedrooms, 4 bathrooms
- Major mechanicals include newer roof (about 2 years old), recently updated furnace, and hot water heater
- Hardwood floors plus tile - ceramic flooring
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 | $114.4k | $51.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $112.3k | $50.03 |
| − OpEx | −$33.7k | −$15.01 |
| NOI | $78.6k | $35.02 |
2,244 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$982.4K – $1.31M
NOI $78,589 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$978.7K
$856.3K – $1.14M
NOI $68,507 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$1.86M
$1.63M – $2.17M
NOI $130,062 @ 7.0% cap · market cap 10.01%
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 - Updated attached two-family with 5 bedrooms, renovated baths, and off-street parking, including a rental unit with a tenant in place.
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 $1,299,888.
What are key features of this property?
This property features: Updated two‑family attached row house built in 1955 with approximately 2,244 sq ft and 5 bedrooms, 4 bathrooms; Major mechanicals include newer roof (about 2 years old), recently updated furnace, and hot water heater; Hardwood floors plus tile - ceramic flooring
