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Brick Two-Family Duplex
For Sale
$1,159,000

2743 Mill Avenue, Brooklyn, NY 11234

Residential, Duplex, Brooklyn, NY

Property Size2,397 SF
Lot Size0.05 Acres
Price / SF$483.52
Days on Market123

Property Features for 2743 Mill Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R5
Bedrooms 5
Bathrooms 5
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 4
Patio and Porch features Porch
Interior features A/C Unit, A/C Unit - Window, Dishwasher, Dryer, Laundry Area, Microwave, Porch, Refrigerator, Stove, Washer
Basement Full, Finished
Subdivision Mill Basin
Standard status Active
Size 2,397 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 11143

Amenities

deck
finished basement
backyard

Building Details

Year built 1960
Floors in Building 3
Number of units 2
Flooring type Hardwood
Building materials Brick
Architectural style Other
Listing Agency: Brooklyn4U Rltyof DykerHeights
Listed By: Maria Fabbro
Added: Jun 16 Changed: Oct 13 Last Checked: Oct 16 at 4:06PM
MLS# 502349

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 semi-detached two-family residence provides 2,397 square feet across a three-bedroom duplex and a separate two-bedroom apartment. The main unit includes a living room, eat-in kitchen, primary suite with private bath, ample closet storage, and sliding-door access to a large deck. The second apartment offers two bedrooms, while the finished basement has its own entrance.

The property includes a large backyard and private parking for two cars. Brick construction, hardwood flooring, laundry facilities, and a kitchen equipped with a dishwasher, microwave, refrigerator, stove, washer, and dryer add practical functionality. Built in 1960, the property is zoned R5 and occupies a 0.0535-acre lot in Brooklyn.

Key Highlights

  • 2,397‑square‑foot two‑family property with a three‑bedroom duplex and two‑bedroom apartment
  • Finished basement with a separate entrance
  • Private parking for two cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,947
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,678,940 $1.7M
Cap Rate 7%
$1,199,243 $1.2M
Cap Rate 9%
$932,744 $932.7K
Market Conditions
NOI Build-Up for 2,397 SF
Gross rent
$122.2K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$119.9K $50.03/SF
− OpEx
−$36.0K −$15.01/SF
NOI
$83.9K $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%
$1,678,940
Cap Rate 7%
$1,199,243
Cap Rate 9%
$932,744

Alternative Uses

Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,947 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$1.05M
$914.7K – $1.22M (±1% cap)
NOI $73,178 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$1.98M
$1.74M – $2.32M (±1% cap)
NOI $138,930 @ 7.0% cap · market cap 11.99%
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 Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Barber Shop Acupuncture

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,261
Businesses Nearby

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - Semi-detached configuration includes a finished basement, private parking, and a backyard.
Where is this duplex located?
The property is located at 2743 Mill Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,159,000.
What are key features of this property?
This property features: 2,397‑square‑foot two‑family property with a three‑bedroom duplex and two‑bedroom apartment; Finished basement with a separate entrance; Private parking for two cars
More about this property
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