For sale

Price cut: $1K (9/14)

$1,449,000

2047 78th St, Brooklyn, NY 11214

12beds

5,600sqft

Multi Family

Built in 1924

-- sqft lot

$1,398,000 Zestimate^®

$259/sqft

$-- HOA

What's special

Six spacious two-bedroom apartmentsBrick investment property

Welcome to this excellent 6-family brick investment property located in the heart of Bensonhurst, Brooklyn. The property features six spacious two-bedroom apartments, providing a strong and consistent income stream. In addition, the building offers two separately rented basement storage areas, creating additional income potential. The property currently generates approximately $11,230 per month in gross rental income, or $134,760 annually. Annual expenses are approximately $45,100, resulting in an estimated NOI of $89,660 and a 6.18% cap rate.. The building is well positioned near shopping, restaurants, public transportation, and the vibrant 86th Street commercial corridor. A strong opportunity for investors seeking a stabilized multifamily asset with additional income and future upside. Serious investors are encouraged to inquire for additional financial details.

45 days
268
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 6
Full bathrooms: 6

Heating

Electric, Natural Gas, Steam/Radiator

Appliances

Included: Refrigerator, Stove, Electric Water Heater

Features

Flooring: Carpet, Ceramic Tile, Granite, Hardwood
Basement: Cellar,Full

Interior area

Total structure area: 5,600
Total interior livable area: 5,600 sqft

Property

Parking

Parking features: None

Features

Stories: 3

Lot

Size: 2,667 Square Feet
Dimensions: 27x100
Features: Back Yard, Front Yard

Details

Foundation area: 1890
Zoning: R5
Special conditions: Arm's Length

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Brick, Brownstone
Foundation: Concrete Perimeter
Roof: Asphalt/Tar

Condition

Year built: 1924

Utilities & green energy

Electric: 110 V

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $259/sqft
Annual tax amount: $21,900
Date on market: 8/27/2026
Cumulative days on market: 47 days
Total actual rent: 89660

Estimated market value

$1,398,000

$1.33M - $1.47M

$2,838/mo

Price history

Date	Event	Price
9/14/2026	Price change	$1,449,000-0.1%$259/sqft
Source: BNYMLS #504087 Report a problem
8/27/2026	Listed for sale	$1,450,000-9.3%$259/sqft
Source: BNYMLS #504087 Report a problem
5/1/2025	Listing removed	$1,598,000$285/sqft
Source: BNYMLS #487176 Report a problem
4/23/2025	Price change	$1,598,000-5.9%$285/sqft
Source: BNYMLS #487176 Report a problem
11/1/2024	Listed for sale	$1,698,000$303/sqft
Source: BNYMLS #487176 Report a problem