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11 Beds
4 Baths
2,492 sqft

$1,850,000

2078 East 28th Street, Brooklyn NY, 11229

Price per sqft$742.38
Built in1920
Property size2,492 sqft
Property typeMulti-family

Overview

Active

Listed Apr 14, 2026

Updated Jul 22

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!!

$12,308/mo

Est. mortgage payment based on a $1,850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
500468

Interior Features

Bedrooms
11
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$13,697
Tax Frequency
Annually

Listed by Huizhen (Rose) Li with Re/Max Real Estate Professiona
Listing Contact: 7188725522 

Based on information from Brooklyn Board of REALTORS®. Data last updated 7/22/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Revived Residential shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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