Three-Story Two-Family
For Sale
$949,000
2739 Brown Street, Brooklyn, NY 11235
Residential, Duplex, Brooklyn, NY
Property Size2,052 SF
Lot Size0.04 Acres
Price / SF$462.48
Days on Market229
Property Features for 2739 Brown Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3-2
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3
Interior features
Refrigerator, Stove
Basement
Crawl Space
Subdivision
Sheepshead Bay
Standard status
Active
Size
2,052 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
8046
Building Details
Year built
1955
Floors in Building
3
Number of units
2
Flooring type
Hardwood, Marble, Carpet
Building materials
Brick
Roof type
Flat
Architectural style
Other
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
Mei Hua (Michelle) Dong
(718) 612-3088
Added: Mar 12
Changed: Oct 21
Last Checked: Oct 26 at 9:06PM
MLS# 499452
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 2,052-square-foot brick duplex was built in 1955 and arranged as two residential units across three stories. The lower apartment contains one bedroom and one bathroom, while the upper residence spans the second and third floors with three bedrooms and one and a half bathrooms. A crawl-space cellar adds storage, and the home includes a refrigerator and stove. Interior finishes include carpet, marble, and hardwood flooring beneath a flat roof.
The property is located at 2739 Brown Street in Brooklyn’s Sheepshead Bay neighborhood. Emmons Avenue waterfront, local retail, and restaurants are nearby, with access to the B and Q subway lines, bus routes, and the Belt Parkway. The property is zoned R3-2 and occupies 0.0434 acres.
The property is located at 2739 Brown Street in Brooklyn’s Sheepshead Bay neighborhood. Emmons Avenue waterfront, local retail, and restaurants are nearby, with access to the B and Q subway lines, bus routes, and the Belt Parkway. The property is zoned R3-2 and occupies 0.0434 acres.
Key Highlights
- 2,052 SF two‑unit duplex on a 0.0434‑acre lot
- Three‑story brick construction dating to 1955
- First‑floor unit with 1 bedroom and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,865
Cap Rate
7.57%
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 7.57%
Second Best
Apartment 5plus
$894.9K
$783.1K – $1.04M
NOI $62,645 @ 7.0% cap · market cap 6.60%
Theoretical Best
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,934 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex with separate apartment layouts, storage cellar, and access to transit, shopping, dining, and the waterfront.
Where is this duplex located?
The property is located at 2739 Brown Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 2,052 SF two‑unit duplex on a 0.0434‑acre lot; Three‑story brick construction dating to 1955; First‑floor unit with 1 bedroom and 1 bath
