2078 East 28th Street
Listing Notes
Prime 4-Family Investment Opportunity in Sheepshead Bay, Brooklyn This exceptional property presents a rare opportunity for both investors and end-users alike! Situated in the highly desirable Sheepshead Bay neighborhood of Brooklyn, this 4-family semi-detached brick building, offering approximately 2492 SF of living space with a detached garage offers strong income potential and long-term value. The property is fully occupied and features: - A spacious 2-bedroom apartment on the first floor - A large 3-bedroom apartment spanning the 2nd to 4th floors Each unit is separately metered with 4 gas meters and 5 electric meters, along with separate hot water coin systems. Tenants are responsible for their own hot water expenses, helping to minimize owner operating costs. Financial Highlights: - Annual Gross Income: $121,200 - Total Annual Expenses: $26077 - CAP Rate: Over 5% Location Highlights: Conveniently located between Avenue U & Avenue T, the property is close to: - Shopping and dining options - Kings Plaza Mall - Supermarkets, pharmacies, and schools Transportation: Easy access to the B & Q subway lines, multiple bus routes, and the Belt Parkway, providing convenient connectivity throughout Brooklyn and beyond. Delivered vacant!!
Price in context
Cheaper than 8% of the 24 homes listed nearby right now, which run $1,075,000 to $2,500,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1832 Haring Street 2 | $1,075,000 | 4 bd · 2 ba |
| 2351 East 26th Street | $1,080,000 | 3 bd · 2 ba |
| 2109 East 21st Street HOUSE | $1,100,000 | 2 bd · 1.5 ba |
| 3883 Bedford Avenue HOUSE | $1,149,000 | 3 bd · 2 ba |
| 1871 Haring Street | $1,188,000 | 3 bd · 3 ba |
| 2421 Ocean Avenue 7A | $1,190,900 | 3 bd · 2 ba |
| 2076 Coyle Street 3 | $1,249,999 | 6 bd · 3 ba |
| 1934 Haring Street | $1,250,000 | 3 bd · 2 ba |
| 4388 Bedford Avenue 1 | $1,275,000 | 4 bd · 2.5 ba |
| 2601 Avenue X | $1,285,000 | 6 bd · 4 ba |
| 1982 East 23rd Street TWNH | $1,399,000 | 3 bd · 2.5 ba |
| 4215 Bedford Avenue 2 | $1,455,000 | 8 bd · 3 ba |
| 2302 East 23rd Street 3 | $1,499,000 | 6 bd · 3 ba |
| 2403 East 21st Street ONE FAMILY | $1,499,000 | 3 bd · 3 ba |
| 4319 Bedford Avenue | $1,508,000 | 5 bd · 2 ba |
| 2118 East 27th Street | $1,550,000 | 6 bd · 2 ba |
| 3133 Nostrand Avenue | $1,550,000 | 5 bd · 3.5 ba |
| 2002 East 28th Street 1 | $1,600,000 | 7 bd · 4 ba |
| 2141 East 24th Street 1 | $1,680,000 | 7 bd · 3 ba |
| 1891 East 29th Street | $1,688,000 | 4 bd · 3 ba |
| 2351 East 22nd Street | $1,698,000 | 9 bd · 5 ba |
| 2343 East 22nd Street | $1,799,000 | 8 bd · 5 ba |
| 1874 East 27th Street | $2,225,000 | 10 bd · 6 ba |
| 2078 East 22nd Street HOUSE | $2,500,000 | 4 bd · 4.5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
OpenRealtor, a RealtyLens company. Listing facts are drawn from public feeds and enriched with NYC public records. This is not the original listing site.