Brooklyn Two-Family Home For
2529 E 22nd Street Brooklyn, NY 11235
2529 E 22nd Street, Brooklyn, NY, 11235
$1,369,000
For Sale
$1,369,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,256 SF
Lot Size0.06 Acres
Price / SF$606.83
Days on Market134
Property Features for 2529 E 22nd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 6
- Parking features
- On Street
- Basement
- Partially Finished, Full
- Standard status
- Active
- APN
- 07441-0463
- Size
- 2,256 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9030
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Aluminum Siding, Stucco
Listing Agency
Robert DeFalco Realty, Inc.
(718) 987-7900
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by
Cindy C Cheung
(917) 601-2627
Added: Mar 4 Checked: Jul 16 at 7:06 pm
MLS# 2601129
Listing URL
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.
Investment Insights
Based on property information with market context.
This is a legal two-family semi-attached home located at 2529 E 22nd Street in Sheepshead Bay, Brooklyn. The property has a lot size of 25 X 100 and the house dimensions are 20 X 54, totaling 2256 square feet. The first floor features a living room/dining room combo, an eat-in kitchen, three bedrooms, a full bathroom, and a door leading to the backyard. The second floor mirrors this layout with a living room/dining room combo, an eat-in kitchen, three bedrooms, and a full bathroom. The basement is partially finished and includes a family room, a full bathroom, an open space, and a laundry & utilities room, with a rear door to the backyard. The house is well-maintained with hardwood floors throughout. The property will be delivered vacant. It is conveniently located close to shopping, schools, and public transportation. The property includes a shared driveway.
Key Highlights
- Legal two‑family 6/6 semi‑attached home at 2529 E 22nd Street in Sheepshead Bay
- Lot size 25 X 100; house dimensions 20 X 54; 2,256 sq ft
- First floor: living/dining combo, eat‑in kitchen, 3 bedrooms with full bathroom, door to backyard
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 | $115.1k | $51.00 |
| − Vacancy | −$2.2k | −$0.97 |
| EGI | $112.9k | $50.03 |
| − OpEx | −$33.9k | −$15.01 |
| NOI | $79.0k | $35.02 |
2,256 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$987.6K – $1.32M
NOI $79,009 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$983.9K
$860.9K – $1.15M
NOI $68,873 @ 7.0% cap · market cap 5.03%
Theoretical Best
Specialty Retail
$1.87M
$1.63M – $2.18M
NOI $130,758 @ 7.0% cap · market cap 9.55%
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 - Legal two-family home in Sheepshead Bay, delivered vacant.
Where is this duplex located?
The property is located at 2529 E 22nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,369,000.
What are key features of this property?
This property features: Legal two‑family 6/6 semi‑attached home at 2529 E 22nd Street in Sheepshead Bay; Lot size 25 X 100; house dimensions 20 X 54; 2,256 sq ft; First floor: living/dining combo, eat‑in kitchen, 3 bedrooms with full bathroom, door to backyard
