Single-Family Home with Finished
2529 Mill Avenue Brooklyn, NY 11234
2529 Mill Avenue, Brooklyn, NY, 11234
$799,000
For Sale
$799,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,339 SF
Lot Size0.04 Acres
Price / SF$596.71
Days on Market85
Property Features for 2529 Mill Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R5
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
- Interior features
- A/C Unit - Wall, Central Air - Split, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,339 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6080
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Flooring type
- Hardwood, Ceramic
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
Talk of the Town Realty Corp.
(718) 251-7400
2054 Ralph Avenue, Brooklyn, NY
Listed by
Keren Shalmoni
(718) 251-7400
Added: Apr 27 Updated: Jul 19 at 2:38 pm Checked: Jul 20 at 9:06 pm
MLS# 500897
Listing URL
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 move-in condition brick single-family home offers 3 bedrooms and 3 bathrooms, with additional living space in a full finished basement. The layout includes a bathroom on every floor, and the basement is accessed via a separate entrance from the back of the home. The kitchen is renovated with stainless steel appliances and granite countertops. Living and dining areas connect through sliding doors to a large backyard, and the home also provides private parking for two cars plus storage closets throughout.
Located at 2529 Mill Avenue in Brooklyn, NY 11234, the property is zoned R5. Public remarks note proximity to shopping and transportation, as well as Lindower Park & Pool.
Located at 2529 Mill Avenue in Brooklyn, NY 11234, the property is zoned R5. Public remarks note proximity to shopping and transportation, as well as Lindower Park & Pool.
Key Highlights
- Brick home built in 1960 offering 3 bedrooms and 3 bathrooms
- Over 1,400 SF of living space (not including the basement) plus a fully finished basement
- Finished basement includes a bathroom and has a separate entrance from the back of the home
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 | $68.3k | $51.00 |
| − Vacancy | −$1.3k | −$0.97 |
| EGI | $67.0k | $50.03 |
| − OpEx | −$20.1k | −$15.01 |
| NOI | $46.9k | $35.02 |
1,339 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$669.9K
$586.2K – $781.6K
NOI $46,894 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$584.0K
$511.0K – $681.3K
NOI $40,878 @ 7.0% cap · market cap 5.12%
Theoretical Best
Specialty Retail
$1.11M
$970.1K – $1.29M
NOI $77,608 @ 7.0% cap · market cap 9.71%
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 - Move-in condition brick home features a fully finished basement with separate entrance and private parking.
Where is this duplex located?
The property is located at 2529 Mill Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Brick home built in 1960 offering 3 bedrooms and 3 bathrooms; Over 1,400 SF of living space (not including the basement) plus a fully finished basement; Finished basement includes a bathroom and has a separate entrance from the back of the home
