Attached Two-Family with
2462 BRAGG ST. Brooklyn, NY 11235
2462 BRAGG ST., Brooklyn, NY, 11235
$1,249,888
For Sale
$1,249,888
MULTI_FAMILY - BROOKLYN, NY
Property Size2,994 SF
Lot Size0.05 Acres
Price / SF$417.46
Days on Market10
Property Features for 2462 BRAGG ST.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 3, Laundry Room, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Patio and Porch features
- Porch, Patio
- Fencing
- Fenced
- Standard status
- Active
- APN
- 27-000.000-7427-031.000
- Size
- 2,994 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7195
Utilities
- Heating system
- Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 3
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
LOMBARDO HOMES & ESTATES
(516) 200-6448
195 San Juan. Dr, LINDENHURST, NY
Listed by
Joseph Lombardo
(516) 200-6448
Added: Jul 8 Checked: Jul 17 at 2:06 am
MLS# 11874911
Listing URL
Copyright © 2026 My State 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 home is laid out over four stories, including a fully finished basement with a separate entrance providing additional apartment space. The property includes multiple bedroom and bathroom accommodations, with renovated interiors featuring updated kitchens, new hardwood floors, and newly renovated bathrooms finished with custom Italian stone. Major improvements also include a new roof, baseboard heat with natural gas, and updated mechanicals including a recently updated furnace and hot water heater.
The home is in Sheepshead Bay, Brooklyn, with public water and public sewer and access to two off-street parking spaces. It is described as having excellent natural light and is situated within a short distance of the Sheepshead Bay waterfront, dining, shopping, and public transportation.
The current configuration is described as: basement with 1-bedroom apartment, first floor with a 2-bedroom apartment, and second floor with a 3-bedroom apartment.
The home is in Sheepshead Bay, Brooklyn, with public water and public sewer and access to two off-street parking spaces. It is described as having excellent natural light and is situated within a short distance of the Sheepshead Bay waterfront, dining, shopping, and public transportation.
The current configuration is described as: basement with 1-bedroom apartment, first floor with a 2-bedroom apartment, and second floor with a 3-bedroom apartment.
Key Highlights
- Attached two‑family built in 1955 with 2,992 SF and a fully finished basement with separate entrance
- 6 bedrooms and 4 bathrooms with multiple unit levels: basement 1‑bed, 1st‑floor 2‑bed, 2nd‑floor 3‑bed
- Recent updates include new/updated kitchens, new hardwood floors, and renovated bathrooms with 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 | $152.7k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $149.8k | $50.03 |
| − OpEx | −$44.9k | −$15.01 |
| NOI | $104.9k | $35.02 |
2,994 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $104,855 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.52M
NOI $91,404 @ 7.0% cap · market cap 7.31%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.89M
NOI $173,532 @ 7.0% cap · market cap 13.88%
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 - Attached four-story two-family includes a fully finished basement with a separate entrance and two off-street parking spaces.
Where is this duplex located?
The property is located at 2462 BRAGG ST. Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,888.
What are key features of this property?
This property features: Attached two‑family built in 1955 with 2,992 SF and a fully finished basement with separate entrance; 6 bedrooms and 4 bathrooms with multiple unit levels: basement 1‑bed, 1st‑floor 2‑bed, 2nd‑floor 3‑bed; Recent updates include new/updated kitchens, new hardwood floors, and renovated bathrooms with custom Italian stone
