Brick Single-Family
2844 Gerritsen Avenue Brooklyn, NY 11229
2844 Gerritsen Avenue, Brooklyn, NY, 11229
$728,000
For Sale
$728,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,216 SF
Lot Size0.03 Acres
Price / SF$598.68
Days on Market24
Property Features for 2844 Gerritsen Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1
- Patio and Porch features
- Patio
- Interior features
- A/C Unit - Wall, Laundry Area, Patio Garden, Refrigerator, Stove, Washer
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 1,216 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5736
Building Details
- Year built
- 1955
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agency
MadisonEstates Sothebys Realty
(718) 645-1665
Listed by
Nick P. Parascandola
(718) 645-1665
Added: Jun 29 Updated: Jul 12 at 1:38PM Checked: Jul 22 at 5:06AM
MLS# 502664
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 move-in-ready brick single-family home offers a modern eat-in kitchen with granite countertops, contemporary cabinetry, and an oversized stainless-steel sink, along with gleaming hardwood floors and modern lighting throughout the first floor. The layout also includes a spacious living room, a formal dining room, a convenient half bath, and a split-system A/C unit.
Upstairs are three generously sized bedrooms with ample closet space, plus an updated full bathroom with modern finishes. The full, unfinished basement is exceptionally clean and can serve as storage and/or a recreation area. Outside, there is a front yard and a spacious backyard suited for entertaining, gardening, or outdoor enjoyment.
Recent major mechanical updates include a boiler approximately 13 years old, a roof approximately 14 years old, and a hot water heater less than one year old. The property is located at 2844 Gerritsen Avenue in Brooklyn’s Gerritsen Beach neighborhood and is zoned R4.
Upstairs are three generously sized bedrooms with ample closet space, plus an updated full bathroom with modern finishes. The full, unfinished basement is exceptionally clean and can serve as storage and/or a recreation area. Outside, there is a front yard and a spacious backyard suited for entertaining, gardening, or outdoor enjoyment.
Recent major mechanical updates include a boiler approximately 13 years old, a roof approximately 14 years old, and a hot water heater less than one year old. The property is located at 2844 Gerritsen Avenue in Brooklyn’s Gerritsen Beach neighborhood and is zoned R4.
Key Highlights
- Brick home built in 1955 with flat roof and hardwood flooring throughout
- Modern eat‑in kitchen with granite countertops, contemporary cabinetry, and oversized stainless‑steel sink
- Three‑bedroom layout with 2 full bathrooms and a half bath plus laundry area
Local Financial Insights For Apartment 5plus
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 | $68.9k | $56.64 |
| − Vacancy | −$1.4k | −$1.13 |
| EGI | $67.5k | $55.51 |
| − OpEx | −$30.4k | −$24.98 |
| NOI | $37.1k | $30.53 |
1,216 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$530.3K
$464.0K – $618.7K
NOI $37,123 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.01M
$881.0K – $1.17M
NOI $70,479 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Move-in-ready brick home with three bedrooms, updated kitchen, and unfinished basement.
Where is this single family property located?
The property is located at 2844 Gerritsen Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $728,000.
What are key features of this property?
This property features: Brick home built in 1955 with flat roof and hardwood flooring throughout; Modern eat‑in kitchen with granite countertops, contemporary cabinetry, and oversized stainless‑steel sink; Three‑bedroom layout with 2 full bathrooms and a half bath plus laundry area
