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Renovated Duplex with Finished Basement
For Sale
$1,650,000

2667 Cropsey Avenue, Brooklyn, NY 11214

Residential Income, Brooklyn, NY

Property Size2,160 SF
Lot Size0.07 Acres
Price / SF$763.89
Days on Market142

Property Features for 2667 Cropsey Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R5
Bedrooms 5
Bathrooms 3
Full bathrooms 2
Rooms Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features Driveway
Patio and Porch features Patio
Interior features Walk-In Closet(s), Ceiling Fan(s)
Exterior features Balcony
Fencing Fenced
Basement Finished, Full
Lot features Front Yard, Back Yard
Subdivision Bath Beach
Standard status Active
Size 2,160 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 6763

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Cooling system Wall Unit(s)

Amenities

yard
laundry

Building Details

Year built 1930
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Listing Agency: Robert DeFalco Realty, Inc.
Listed By: Maged Girgis · License #30GI0978737
Added: May 29 Changed: Oct 8 Last Checked: Oct 17 at 10:06PM
MLS# 2603018

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 legal two-family property offers 2,160 square feet on a 0.0663-acre corner lot and is scheduled for delivery vacant. The home was fully gut renovated in 2005 and includes a finished basement with a separate side entrance, living space, wet bar, 3/4 bathroom, office, utilities, and laundry. The first level has hardwood floors, a large living room, dining room, office, bedroom, and eat-in kitchen with access to the yard. The second apartment includes four bedrooms, a full bathroom, eat-in kitchen, dining area, and two balconies.

Exterior features include a fenced yard, patio, vinyl siding, and a three-car driveway. The property has R5 zoning, public sewer, hot-water heating with natural gas, and wall-unit cooling. Built in 1930, it is near Caesar's Bay shopping, schools, transportation, and the highway.

Key Highlights

  • Legal two‑family property with 2,160 square feet of building area
  • 0.0663‑acre corner lot with fenced yard and three‑car driveway
  • Fully gut renovated in 2005

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,914
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,280 $1.2M
Cap Rate 7%
$841,629 $841.6K
Cap Rate 9%
$654,600 $654.6K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$88.1K $40.80/SF
− Vacancy
−$4.0K −$1.84/SF
EGI
$84.2K $38.96/SF
− OpEx
−$25.2K −$11.69/SF
NOI
$58.9K $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%
$1,178,280
Cap Rate 7%
$841,629
Cap Rate 9%
$654,600

Alternative Uses

Best Use
Multifamily LT 5
$841.6K
$736.4K – $981.9K (±1% cap)
NOI $58,914 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$754.3K
$660.0K – $880.0K (±1% cap)
NOI $52,800 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,203 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Toyour Al-Jannah Preschool/Pre-k/Afterschool High School

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,311
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Legal two-family residence delivered vacant with a fenced yard, driveway parking, balconies, and flexible living areas.
Where is this duplex located?
The property is located at 2667 Cropsey Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Legal two‑family property with 2,160 square feet of building area; 0.0663‑acre corner lot with fenced yard and three‑car driveway; Fully gut renovated in 2005
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