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Duplex With Finished Basement
For Sale
$965,000

2675 E 27th Street, Brooklyn, NY 11235

Residential, Duplex, Brooklyn, NY

Property Size1,328 SF
Lot Size0.06 Acres
Price / SF$726.66
Days on Market153

Property Features for 2675 E 27th Street

General Information

Property type Residential
Property subtype Duplex
Zoning R4
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Interior features Refrigerator, Stove
Basement Finished
Subdivision Sheepshead Bay
Standard status Active
Size 1,328 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6691

Building Details

Year built 1905
Floors in Building 2
Flooring type Hardwood, Tile
Building materials Wood Frame
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Kelly Wu · License #10401268467
Added: May 18 Changed: Oct 13 Last Checked: Oct 17 at 11:06PM
MLS# 501481

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.

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Investment Insights

Based on property information with market context.

This 1,328-square-foot duplex is a fully detached wood-frame residence built in 1905. The upper level contains three bedrooms and one full bathroom, while the main floor includes a living room, formal dining area, and kitchen. A full basement adds a second bathroom and flexible storage or recreation space. Hardwood and tile flooring, a shingle roof, a refrigerator, and a stove are included.

The property occupies a 0.0597-acre lot with a shared driveway and backyard storage area. Its R4 zoning, established residential layout, and two-bathroom configuration provide a straightforward foundation for continued residential use.

Key Highlights

  • 1,328‑square‑foot duplex on a 0.0597‑acre lot
  • Three bedrooms and two full bathrooms
  • Full basement with storage or recreation space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,509
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,180 $930.2K
Cap Rate 7%
$664,414 $664.4K
Cap Rate 9%
$516,767 $516.8K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$67.7K $51.00/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$66.4K $50.03/SF
− OpEx
−$19.9K −$15.01/SF
NOI
$46.5K $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%
$930,180
Cap Rate 7%
$664,414
Cap Rate 9%
$516,767

Alternative Uses

Best Use
Multifamily LT 5
$664.4K
$581.4K – $775.2K (±1% cap)
NOI $46,509 @ 7.0% cap · market cap 4.82%
Second Best
Apartment 5plus
$579.2K
$506.8K – $675.7K (±1% cap)
NOI $40,542 @ 7.0% cap · market cap 4.20%
Theoretical Best
Specialty Retail
$1.10M
$962.1K – $1.28M (±1% cap)
NOI $76,971 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Catering Service Hotel & Motel Coworking & Hybrid Office Garden Center

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,670
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
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 - Detached two-level residence with three bedrooms, two bathrooms, and a shared driveway.
Where is this duplex located?
The property is located at 2675 E 27th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: 1,328‑square‑foot duplex on a 0.0597‑acre lot; Three bedrooms and two full bathrooms; Full basement with storage or recreation space
More about this property
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