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    Brooklyn Two-Family Brick Home Title is generated by Realmo AI

    2926 NEPTUNE AVE, Brooklyn, NY 11224

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    For Sale
    $750,000

    Multi-Unit (2-4) - Brooklyn, NY

    Property size:
    1,560 SF
    Price / SF:
    $480/SF
    Added:
    Jan 26, 2026
    Days on Market:
    136
    Last Refresh:
    Jun 11 at 8:06 am

    Property Features for 2926 NEPTUNE AVE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2
    Parking features
    Garage
    Standard status
    Active
    Size
    1,560 SF

    Taxes and HOA fees

    Tax Annual Amount
    5198

    Building Details

    Year built
    1960
    Year renovated
    1960
    Floors in Building
    2
    Architectural style
    Other

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    Listing Contact
    Lynette Pilgrim

    Listing agent Lynette Pilgrim

    Listing office NEW FORTUNE REALTY 132-18 ROCKAWAY BLVD, SO OZONE PARK, NY

    Listing date Jan 26, 2026

    MLS# 11638859 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully attached 2 family brick home.
    • Convenient location near transportation, shopping, and restaurants.
    • Proximity to Coney Island.
    • Across the street from Kaiser Park with views of Coney Island Creek.
    • Garage parking.
    • 1520 sqft of living space.

    Overview

    This fully attached two-family brick home offers 1520 square feet of living space. The property is conveniently located near transportation, shopping, and restaurants. It is situated a few minutes away from Coney Island. Kaiser Park is located across the street, offering views of Coney Island Creek.

    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 $79.6k $51.00
    − Vacancy −$1.5k −$0.97
    EGI $78.0k $50.03
    − OpEx −$23.4k −$15.01
    NOI $54.6k $35.02
    1,560 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $780.5K
    $682.9K – $910.6K (±1% cap)
    NOI $54,634 @ 7.0% cap · market cap 7.28%
    Second Best
    Apartment 5plus
    $680.4K
    $595.3K – $793.8K (±1% cap)
    NOI $47,625 @ 7.0% cap · market cap 6.35%
    Theoretical Best
    Specialty Retail
    $1.29M
    $1.13M – $1.51M (±1% cap)
    NOI $90,418 @ 7.0% cap · market cap 12.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.996584
    Latitude
    40.577414

    FAQs

    What type of property is this?
    Duplex - Two-family brick home near transportation, shopping, and Coney Island.
    Where is this duplex located?
    The property is located at 2926 NEPTUNE AVE Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Fully attached 2 family brick home.; Convenient location near transportation, shopping, and restaurants.; Proximity to Coney Island.
    More about this property
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