Renovated Brick
For Sale
$1,199,000
2721 Batchelder Street, Brooklyn, NY 11235
Residential, Brooklyn, NY
Property Size2,052 SF
Lot Size0.04 Acres
Price / SF$584.31
Days on Market300
Property Features for 2721 Batchelder Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3-2
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 5
Parking features
Carport
Patio and Porch features
Porch
Interior features
A/C Unit - Wall, Dishwasher, Dryer, Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer
Basement
Full
Subdivision
Sheepshead Bay
Standard status
Active
Size
2,052 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
3175
Amenities
ductless AC
water filtration
porch
Building Details
Year built
1955
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Ceramic
Building materials
Brick, Masonry
Roof type
Shingle
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Olga Moldavsky · License #10301216091
(917) 213-7332
Added: Dec 14, 2025
Changed: Oct 10
Last Checked: Oct 10 at 12:06PM
MLS# 497867
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 renovated, two-family brick residence contains 2,052 square feet across three levels. The upper residence has an open main floor with a kitchen featuring a quartz island, built-in wine cooler, custom cabinetry, and stainless steel appliances. Three bedrooms and a full bathroom are located upstairs. The ground-level unit combines living and kitchen space with two bedrooms. Wall-mounted air-conditioning units, closets, laundry area, and porches are among the additional features.
The property includes a rear parking space accessed by a community driveway and is zoned R3-2. Transportation, shopping, and the Emmons Avenue promenade—with cafes, restaurants, and canal views—are nearby.
The property includes a rear parking space accessed by a community driveway and is zoned R3-2. Transportation, shopping, and the Emmons Avenue promenade—with cafes, restaurants, and canal views—are nearby.
Key Highlights
- Two‑family brick residence with 2,052 square feet
- Upper residence has three bedrooms; ground‑level unit has two
- Kitchen includes quartz island, wine cooler, custom cabinetry, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,865
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,437,300
$1.4M
Cap Rate 7%
$1,026,643
$1.0M
Cap Rate 9%
$798,500
$798.5K
Market Conditions
NOI Build-Up for 2,052 SF
Gross rent
$104.7K $51.00/SF
− Vacancy
−$2.0K −$0.97/SF
EGI
$102.7K $50.03/SF
− OpEx
−$30.8K −$15.01/SF
NOI
$71.9K $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%
$1,437,300
Cap Rate 7%
$1,026,643
Cap Rate 9%
$798,500
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$898.3K – $1.20M
NOI $71,865 @ 7.0% cap · market cap 5.99%
Second Best
Apartment 5plus
$894.9K
$783.1K – $1.04M
NOI $62,645 @ 7.0% cap · market cap 5.22%
Theoretical Best
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,934 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,772
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living spaces include a three-bedroom upper residence and a two-bedroom ground-level unit.
Where is this duplex located?
The property is located at 2721 Batchelder Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑family brick residence with 2,052 square feet; Upper residence has three bedrooms; ground‑level unit has two; Kitchen includes quartz island, wine cooler, custom cabinetry, and stainless steel appliances
