Duplex with Private
New
For Sale
$1,299,000
2622 Mill Avenue, Brooklyn, NY 11234
Residential, Brooklyn, NY
Property Size2,464 SF
Lot Size0.07 Acres
Price / SF$527.19
Days on Market2
Property Features for 2622 Mill Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3
Interior features
Central Air, Dishwasher, Dryer, Laundry Area, Microwave, Refrigerator, Stove, Washer
Subdivision
Mill Basin
Standard status
Active
Size
2,464 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
11707
Amenities
chef's kitchens
state of the art appliances
quartz counter tops
granite fireplace
European bathrooms
hardwood floors
separate C/A and heating systems
huge backyard
Building Details
Year built
1965
Floors in Building
2
Number of units
2
Flooring type
Tile, Hardwood
Building materials
Brick
Listing Agency:
Bergen Basin Realty LLC
(718) 763-4110
Listed By:
Irene Sender
(718) 968-4444
Added: Oct 13
Last Checked: Oct 14 at 1:06AM
MLS# 505300
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 duplex contains 2,464 square feet across a two-family layout described as 7 1/2 over 3 1/2. The residence has two kitchens with modern appliances and quartz counters, four bathrooms, hardwood and tile flooring, and a granite fireplace. Separate central air and heating systems serve the property. The home measures 22 by 58 feet and was built in 1965.
The 0.0718-acre property includes a four-car private driveway and a large backyard. It is zoned R5 and sits a short distance from transportation and houses of worship.
The 0.0718-acre property includes a four-car private driveway and a large backyard. It is zoned R5 and sits a short distance from transportation and houses of worship.
Key Highlights
- Two‑family brick duplex with 2,464 square feet
- Renovated interior with two kitchens and four bathrooms
- Separate central air and heating systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,293
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,725,860
$1.7M
Cap Rate 7%
$1,232,757
$1.2M
Cap Rate 9%
$958,811
$958.8K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$125.7K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$123.3K $50.03/SF
− OpEx
−$37.0K −$15.01/SF
NOI
$86.3K $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%
$1,725,860
Cap Rate 7%
$1,232,757
Cap Rate 9%
$958,811
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.08M – $1.44M
NOI $86,293 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$1.07M
$940.3K – $1.25M
NOI $75,223 @ 7.0% cap · market cap 5.79%
Theoretical Best
Specialty Retail
$2.04M
$1.79M – $2.38M
NOI $142,813 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
969
Businesses Nearby
Explore this area
Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
Median Home Value
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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 - The renovated two-family residence includes separate heating and central air systems, plus a large backyard.
Where is this duplex located?
The property is located at 2622 Mill Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Two‑family brick duplex with 2,464 square feet; Renovated interior with two kitchens and four bathrooms; Separate central air and heating systems
