Two-Family
New
For Sale
$1,289,000
2511 Cropsey Avenue, Brooklyn, NY 11214
Residential Income, Brooklyn, NY
Property Size1,980 SF
Lot Size0.05 Acres
Price / SF$651.01
Days on Market3
Property Features for 2511 Cropsey Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking features
Driveway
Fencing
Fenced
Basement
Unfinished
Lot features
Front Yard, Back Yard
Subdivision
Bath Beach
Standard status
Active
APN
06907-0006
Size
1,980 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
9391
Utilities
Sewer type
Public Sewer
Heating system
Steam, Natural Gas
Building Details
Year built
1960
Floors in Building
2
Number of units
2
Building materials
Brick, Stucco
Listing Agency:
Homes R Us Realty of NY, Inc.
Listed By:
Michael Taliercio
(718) 668-2550
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 11:06PM
MLS# 2605895
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,980-square-foot duplex contains two residences: a main home with three bedrooms and one-and-a-half bathrooms, plus a one-bedroom apartment with a full bathroom. The property was built in 1960 and has brick and stucco exterior materials, steam heat fueled by natural gas, a driveway, fencing, and public sewer service. It sits on a 0.0492-acre lot and is zoned R5.
The property is a short distance from the 86th Street shopping corridor, with transportation, retail, and parks also nearby.
The property is a short distance from the 86th Street shopping corridor, with transportation, retail, and parks also nearby.
Key Highlights
- Two residences: three‑bedroom, one‑and‑a‑half‑bath main home and one‑bedroom, one‑bath apartment
- 1,980 square feet on a 0.0492‑acre lot
- R5 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,004
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,080,080
$1.1M
Cap Rate 7%
$771,486
$771.5K
Cap Rate 9%
$600,044
$600.0K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$80.8K $40.80/SF
− Vacancy
−$3.6K −$1.84/SF
EGI
$77.1K $38.96/SF
− OpEx
−$23.1K −$11.69/SF
NOI
$54.0K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,080,080
Cap Rate 7%
$771,486
Cap Rate 9%
$600,044
Alternative Uses
Best Use
Multifamily LT 5
$771.5K
$675.1K – $900.1K
NOI $54,004 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$691.4K
$605.0K – $806.7K
NOI $48,400 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,852 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,561
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences provide a three-bedroom main home and a one-bedroom apartment.
Where is this duplex located?
The property is located at 2511 Cropsey Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,289,000.
What are key features of this property?
This property features: Two residences: three‑bedroom, one‑and‑a‑half‑bath main home and one‑bedroom, one‑bath apartment; 1,980 square feet on a 0.0492‑acre lot; R5 zoning
