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Two-Family Corner Brick Home

2755 E 28th Street Brooklyn, NY 11235

New
2755 E 28th Street, Brooklyn, NY, 11235
$988,000
For Sale
Claim this Listing
$988,000

MULTI_FAMILY - Brooklyn, NY

Property Size1,888 SF
Lot Size0.05 Acres
Price / SF$523.31
AddedJul 14
Days on Market3
Last RefreshJul 16 at 12:06 pm

Property Features for 2755 E 28th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Interior features
Dishwasher, Dryer, Washer
Basement
Full, Finished
Standard status
Active
Size
1,888 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
6945

Building Details

Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Parquet Wood, Carpet, Tile
Building materials
Brick
Roof type
Flat

Listing agent Michelle Oliviero

Listing office Ben Bay Realty Co 8304 13th Ave, Brooklyn, NY

Listing date Jul 14, 2026

MLS# 503031 Listing URL

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.

Solid brick two-family corner home with two full apartments configured with formal living rooms, eat-in kitchens, dining rooms, and two bedrooms per unit, with one full bath each. The basement is finished and includes a separate entrance.

The first-floor apartment was renovated in 2018. Property improvements include boiler and electric replacement in 2013, new pointing in 2015, and a new roof. The property is delivered vacant.

For buyers seeking a straightforward residential income structure, the layout provides two separate floor-through units plus an additional finished basement level with independent access.

Key Highlights

  • Solid brick 2‑family corner home built in 1925
  • Each unit features formal living room, EIK, dining room, and 2 bedrooms with 1 full bath
  • Basement is finished and includes a separate entrance

Local 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 $96.3k $51.00
− Vacancy −$1.8k −$0.97
EGI $94.5k $50.03
− OpEx −$28.3k −$15.01
NOI $66.1k $35.02
1,888 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$944.6K
$826.5K – $1.10M (±1% cap)
NOI $66,121 @ 7.0% cap · market cap 6.69%
Second Best
Apartment 5plus
$823.4K
$720.5K – $960.7K (±1% cap)
NOI $57,639 @ 7.0% cap · market cap 5.83%
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,428 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Catering Service Garden Center Hotel & Motel Nursing Home (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Vacant 2-family corner residence with finished basement access and updates including roof and replaced systems.
Where is this duplex located?
The property is located at 2755 E 28th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: Solid brick 2‑family corner home built in 1925; Each unit features formal living room, EIK, dining room, and 2 bedrooms with 1 full bath; Basement is finished and includes a separate entrance
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More about this property
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