2462 Bragg Street Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
Property Features for 2462 Bragg Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R3-2
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 2, Bathroom 3
- Patio and Porch features
- Porch
- Interior features
- A/C Unit, Central Air, Dishwasher, Disposal, Dryer, Microwave, Porch, Refrigerator, Stove, Washer
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,244 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7194
Building Details
- Year built
- 1955
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Ceramic, Hardwood, Tile
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Joseph Lombardo (516) 200-6448
Listing office Lombardo Homes & Estates 195 San Juan Drive, Dix Hills, NY (516) 200-6448
Listing date Jul 14, 2026
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Investment Insights
Based on property information with market context.
The layout is described as 1 bedroom in the basement apartment, a 2-bedroom apartment on the first floor, and a 3-bedroom apartment on the second floor. The property is set up with two off-street parking spaces and is connected to public water and public sewer.
Built in 1955, the total building area is described as 2,992 square feet, with a total of 5 bedrooms and 4 bathrooms across the units.
Key Highlights
- Updated 2,992 SF attached two‑family home built in 1955 with fully finished basement and separate entrance
- Includes 6 bedrooms and 4 bathrooms across a 1‑bedroom basement apartment, 2‑bedroom 1st‑floor apartment, and 3‑bedroom 2nd‑floor apartment
- New/updated kitchens plus newly renovated bathrooms finished with all‑new custom Italian stone
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 |
