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Legal Two-Family Corner Home

2667 Cropsey Avenue Brooklyn, NY 11214

2667 Cropsey Avenue, Brooklyn, NY, 11214
$1,650,000
For Sale
Claim this Listing
$1,650,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,160 SF
Lot Size0.07 Acres
Price / SF$763.89
AddedMay 29
Days on Market49
Last RefreshJul 16 at 9:06 am

Property Features for 2667 Cropsey Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
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
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
Natural Gas, Hot Water(Heating)
Cooling system
Wall Unit(s)

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding

Listing agent Maged Girgis License #30GI0978737

Listing office Robert DeFalco Realty, Inc. 1678 Hylan Blvd., STATEN ISLAND, NY

Listing date May 29, 2026

MLS# 2603018 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 legal two-family home includes a fully finished basement and a solid, well-maintained exterior presence, with interior updates completed via a full gut renovation in 2005. The basement features a separate side entrance, a large living area, a wet bar, a 3/4 bathroom, an extra office room, plus utilities and laundry. Level one offers hardwood floors, a large living room, dining room, office room, bedroom, and an eat-in kitchen with access to the yard, with potential to be reconfigured for additional bedrooms.

Set on a large corner lot, the property includes a three-car driveway and a sizable yard. It is positioned for convenient commuting with proximity to the highway and is close to Caesar’s Bay shopping, schools, and transportation.

With its separate basement entry and flexible layout, the home can appeal to owner-occupants and investors seeking rental income with adaptable unit configurations. The property will be delivered vacant, allowing buyers to plan occupancy or renovations with minimal delay.

Key Highlights

  • Legal 2‑family home with a full finished basement and separate side entrance
  • Fully gut renovated in 2005; large living space in the basement with wet bar and 3/4 bathroom
  • Unit LV1 features hardwood floors, a huge living room, dining room, office, 1 bedroom, and eat‑in kitchen with yard access

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 $88.1k $40.80
− Vacancy −$4.0k −$1.84
EGI $84.2k $38.96
− OpEx −$25.2k −$11.69
NOI $58.9k $27.27
2,160 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Acupuncture (Bike/Boat/Book/etc) Store Nursing Home Hotel & Motel Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Legal two-family on a large corner lot with a finished basement and three-car driveway, delivered vacant for easy occupancy planning.
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 2‑family home with a full finished basement and separate side entrance; Fully gut renovated in 2005; large living space in the basement with wet bar and 3/4 bathroom; Unit LV1 features hardwood floors, a huge living room, dining room, office, 1 bedroom, and eat‑in kitchen with yard access
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