Duplex with Finished
For Sale
$1,150,000
2462 Bragg Street, Brooklyn, NY 11235
Residential, Duplex, Brooklyn, NY
Property Size2,244 SF
Lot Size0.05 Acres
Price / SF$512.48
Days on Market13
Property Features for 2462 Bragg Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 2
Patio and Porch features
Porch
Interior features
A/C Unit, Dishwasher, Disposal, Microwave, Porch, Refrigerator, Stove, Washer
Basement
Finished, Full
Subdivision
Sheepshead Bay
Standard status
Active
Size
2,244 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7563
Amenities
hardwood floors
rear patio
Building Details
Year built
1955
Floors in Building
3
Number of units
2
Flooring type
Ceramic, Hardwood
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Olga Moldavsky · License #10301216091
(917) 213-7332
Added: Sep 28
Changed: Oct 8
Last Checked: Oct 10 at 5:06AM
MLS# 504883
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.
Investment Insights
Based on property information with market context.
This brick, two-family duplex was built in 1955 and spans four stories, including a finished basement. The owner's residence has a living room, formal dining room, open kitchen, powder room, three upstairs bedrooms, and a full bathroom. A distinct two-bedroom apartment provides a second living space. Bathrooms and the basement have been updated, and hardwood flooring runs through the home. The property also includes two rear parking spaces and access to a community driveway.
Shopping and bus service are nearby, as are Emmons Avenue restaurants, cafes, and waterfront views. The property is zoned R3-2.
Shopping and bus service are nearby, as are Emmons Avenue restaurants, cafes, and waterfront views. The property is zoned R3-2.
Key Highlights
- Four‑story brick, two‑family home built in 1955
- Owner's duplex includes three bedrooms, plus a separate two‑bedroom apartment
- Finished basement and bathrooms recently updated
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.
Property Analytics
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Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A separate two-bedroom residence accompanies the owner's multi-level home.
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 home built in 1955; Owner's duplex includes three bedrooms, plus a separate two‑bedroom apartment; Finished basement and bathrooms recently updated
