Two-Family Brick Residence with
2678 E 29th Street Brooklyn, NY 11235
For Sale
$1,180,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,070 SF
Lot Size0.05 Acres
Price / SF$570.05
Days on Market48
Property Features for 2678 E 29th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Parking features
- Garage
- Interior features
- A/C Unit, Central Air, Refrigerator, Stove
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,070 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7909
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency:
ProBase Real Estate
(718) 210-2727
Listed By:
Shihui (Sylvia) Lin · License #SL4633
(646) 407-6668
Added: Jun 9
Changed: Jul 12
Last Checked: Jul 26 at 7:06PM
MLS# 502139
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 2-family brick home is set on a 20x100 lot with a 20x36 building footprint and includes a built-in garage with a private driveway. The first floor features a bright living room with hardwood flooring, a well-appointed kitchen, a half bath, and a dining room that opens to a backyard. The second floor offers three bedrooms and a full bath.
The property is located in the Sheepshead Bay area of Brooklyn, with access to the B/Q subway lines, multiple bus routes, and major roadways for travel to Manhattan and surrounding areas. It is also described as being minutes from Emmons Avenue, with nearby dining, shopping, and waterfront attractions.
With separate living areas across two floors, the home can work for a household seeking multigenerational living while keeping bedrooms on the upper level, or for an owner looking for rental income. Both floors provide functional indoor space, including a yard connection from the main level and dedicated bath facilities for each unit level.
The property is located in the Sheepshead Bay area of Brooklyn, with access to the B/Q subway lines, multiple bus routes, and major roadways for travel to Manhattan and surrounding areas. It is also described as being minutes from Emmons Avenue, with nearby dining, shopping, and waterfront attractions.
With separate living areas across two floors, the home can work for a household seeking multigenerational living while keeping bedrooms on the upper level, or for an owner looking for rental income. Both floors provide functional indoor space, including a yard connection from the main level and dedicated bath facilities for each unit level.
Key Highlights
- 2‑family brick home built in 1950 with flat roof
- 20x100 lot with a 20x36 building size and a built‑in garage with private driveway
- First floor features hardwood flooring, living room, kitchen, half bath, dining room, and access to backyard
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 | $105.6k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $103.6k | $50.03 |
| − OpEx | −$31.1k | −$15.01 |
| NOI | $72.5k | $35.02 |
2,070 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$906.2K – $1.21M
NOI $72,495 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$902.8K
$789.9K – $1.05M
NOI $63,195 @ 7.0% cap · market cap 5.36%
Theoretical Best
Specialty Retail
$1.71M
$1.50M – $2.00M
NOI $119,977 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - A two-family brick home with built-in garage and private driveway, offering a backyard and separate floor layouts.
Where is this duplex located?
The property is located at 2678 E 29th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: 2‑family brick home built in 1950 with flat roof; 20x100 lot with a 20x36 building size and a built‑in garage with private driveway; First floor features hardwood flooring, living room, kitchen, half bath, dining room, and access to backyard
