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Brick Duplex with Finished Basement
For Sale
$1,750,000

2814 E 28th Street, Brooklyn, NY 11235

Residential, Brooklyn, NY

Property Size2,340 SF
Lot Size0.04 Acres
Price / SF$747.86
Days on Market179

Property Features for 2814 E 28th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 5
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 3
Patio and Porch features Porch
Interior features A/C Unit - Wall, Dishwasher, Laundry Area, Microwave, Porch, Refrigerator, Stove, Terrace, Washer, Window Treatments
Basement Finished, Full
Subdivision Sheepshead Bay
Standard status Active
Size 2,340 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 11100

Amenities

backyard
terrace
balcony
gated
private driveway
washer/dryer combo
stainless steel appliances

Building Details

Year built 1995
Floors in Building 3
Number of units 2
Flooring type Ceramic, Hardwood
Building materials Block, Brick
Listing Agency: Maximillion Realty, Inc.
Listed By: Alla Veksler
Added: Apr 15 Changed: Sep 30 Last Checked: Oct 10 at 6:06AM
MLS# 500538

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.

Built in 1995, this 2,340-square-foot brick duplex is configured as a two-family residence. The first- and second-floor unit includes three bedrooms, two and a half bathrooms, a finished basement, living and dining areas, a windowed kitchen, laundry appliances, an outdoor terrace, and access to a private backyard. The finished basement includes a kitchenette and full bathroom, with entry from the street or the main residence. A separate third-floor apartment has two bedrooms, one bathroom, its own entrance, living room, kitchen, and balcony.

The property occupies 0.0449 acres at 2814 E 28th Street in Brooklyn’s Sheepshead Bay area, near Emmons Avenue. It includes a private driveway and fully gated grounds. Interior features include hardwood and ceramic flooring, a dishwasher, refrigerator, stove, wall-mounted A/C unit, and window treatments. The property has 3 electric meters and 2 gas meters and is zoned R4-1.

Key Highlights

  • 2,340 square feet configured as a two‑family duplex
  • Built in 1995 with brick and block construction
  • Three‑bedroom main unit plus separate two‑bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,951
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,639,020 $1.6M
Cap Rate 7%
$1,170,729 $1.2M
Cap Rate 9%
$910,567 $910.6K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$119.3K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$117.1K $50.03/SF
− OpEx
−$35.1K −$15.01/SF
NOI
$82.0K $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%
$1,639,020
Cap Rate 7%
$1,170,729
Cap Rate 9%
$910,567

Alternative Uses

Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.37M (±1% cap)
NOI $81,951 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$1.02M
$893.0K – $1.19M (±1% cap)
NOI $71,438 @ 7.0% cap · market cap 4.08%
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.26M (±1% cap)
NOI $135,626 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,272
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family home with separate upper-level apartment, private outdoor space, and gated driveway.
Where is this duplex located?
The property is located at 2814 E 28th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 2,340 square feet configured as a two‑family duplex; Built in 1995 with brick and block construction; Three‑bedroom main unit plus separate two‑bedroom apartment
More about this property
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