Brooklyn Two-Family Brick
2668 E 23rd Street, Brooklyn, NY 11235
MULTI_FAMILY - Brooklyn, NY
Property size:
1,501 SFLot size:
0.04 AcresPrice / SF:
$598/SF- Added:
- May 18, 2026
- Days on Market:
- 8
- Last Refresh:
- May 25 at 6:06 pm
Property Features for 2668 E 23rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
- Parking features
- Garage - Attached
- Interior features
- A/C Unit, Dishwasher, Microwave, Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 1,501 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6943
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Kelly Wu (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date May 18, 2026
MLS# 501518
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.
HighLights
- Prime Sheepshead Bay location, a desirable Brooklyn neighborhood.
- Two‑family home offering potential for rental income or multi‑generational living.
- Private driveway and attached garage.
- Private outdoor space in the rear.
- Well‑maintained with hardwood floors and spacious rooms.
- Convenient access to shopping, restaurants, schools, and transportation (B36, B4 buses, and B and Q Trains).
Overview
This semi-detached brick two-family home is located in Sheepshead Bay, Brooklyn. Situated on a 0.0434-acre lot (26x72), the building measures 22x40. The first floor features a one-bedroom unit with a living room, kitchen, and full bath. The second floor offers a two-bedroom unit with a living room, eat-in kitchen, and full bath. The property has a layout with natural light, hardwood floors, and spacious rooms. The rear of the property includes private outdoor space, along with a private driveway and attached garage. The property is located near shopping, restaurants, schools, and transportation, including the B36 and B4 buses, and the B and Q trains. The property is zoned R4 and has a size of 1501 square feet. It is suitable for both end users and investors.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$584.1K
NOI $52,568 @ 9.00% cap · cautious / downside scenario
Moderate
$751.0K
NOI $52,568 @ 7.00% cap · market / base-case scenario
Aggressive
$1.05M
NOI $52,568 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.6k | $51.00 |
| − Vacancy | −$1.5k | −$0.97 |
| EGI | $75.1k | $50.03 |
| − OpEx | −$22.5k | −$15.01 |
| NOI | $52.6k | $35.02 |
1,501 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$751.0K
$657.1K – $876.1K
NOI $52,568 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$654.6K
$572.8K – $763.7K
NOI $45,824 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $86,998 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.94659
- Latitude
- 40.587234
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property in Sheepshead Bay near transportation and amenities.
Where is this duplex located?
The property is located at 2668 E 23rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Prime Sheepshead Bay location, a desirable Brooklyn neighborhood.; Two‑family home offering potential for rental income or multi‑generational living.; Private driveway and attached garage.
