Brooklyn Two-Family Brick
802 68th Street Brooklyn, NY 11220
For Sale
$2,480,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,622 SF
Lot Size0.04 Acres
Price / SF$945.84
Days on Market141
Property Features for 802 68th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5B
Bathrooms
6
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 6, Bathroom 5, Bathroom 1
Interior features
Refrigerator, Stove
Standard status
Active
Size
2,622 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
9973
Building Details
Year built
1965
Floors in Building
3
Number of units
2
Flooring type
Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Mar 9
Changed: Jul 12
Last Checked: Jul 27 at 9:06PM
MLS# 499436
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 two-family brick home is located at the corner of 8th Avenue and 68th Street in Brooklyn. The building, situated on a 20-foot by 95-foot lot, has a building size of 20 feet by 46 feet. The well-maintained property features three stories plus a finished basement, providing generous living space and income potential. The property includes three private front parking spaces. The location is near shopping, restaurants, and the N train, offering convenient access to transportation and daily essentials. The property is an excellent investment opportunity.
Key Highlights
- Corner 2‑family brick home with a 20' x 46' building size and a 20' x 95' lot
- 3 stories plus a finished basement, with 6 bathrooms listed (Bathrooms 1–6)
- Built in 1965 with a flat roof and tile flooring
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 | $116.4k | $44.40 |
| − Vacancy | −$4.9k | −$1.86 |
| EGI | $111.5k | $42.54 |
| − OpEx | −$33.5k | −$12.76 |
| NOI | $78.1k | $29.77 |
2,622 SF · lease $44.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$975.9K – $1.30M
NOI $78,069 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$998.9K
$874.0K – $1.17M
NOI $69,920 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $118,984 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home near shopping, restaurants, and the N train.
Where is this duplex located?
The property is located at 802 68th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,480,000.
What are key features of this property?
This property features: Corner 2‑family brick home with a 20' x 46' building size and a 20' x 95' lot; 3 stories plus a finished basement, with 6 bathrooms listed (Bathrooms 1–6); Built in 1965 with a flat roof and tile flooring
