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  • Price increase: $42K (4/17)
    $1,850,000

    2078 E 28th St, Brooklyn, NY 11229

    11beds
    --sqft
    Loading
    Multi Family
    Built in 1920
    -- sqft lot
    $1,779,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Detached garage
    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!!
    90 days
    |
    170
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Remax Real Estate Professionals 646-203-7488,

    Huizhen Li

    Source: StreetEasy,MLS#: S1822803

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 4
      • Full bathrooms: 4
      Features
      • Has fireplace: No

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Details
      • Parcel number: 073320042
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1920

      Community & HOA

      Community
      • Subdivision: Madison
      Location
      • Region: Brooklyn

      Financial & listing details

      • Tax assessed value: $586,000
      • Annual tax amount: $164,364
      • Date on market: 4/17/2026

        Estimated market value

        $1,779,500

        $1.69M - $1.87M

        $2,422/mo

        Price history

        DateEventPrice
        4/17/2026Price change$1,850,000+2.3%
        Source: BNYMLS #500468 Report a problem
        4/14/2026Price change$1,808,000+6.5%
        Source: BNYMLS #500468 Report a problem
        5/15/2025Price change$1,698,000-3%
        Source: BNYMLS #481471 Report a problem
        4/30/2025Price change$1,750,000-1%
        Source: StreetEasy #S1766063 Report a problem
        4/23/2025Price change$1,768,000-0.7%
        Source: BNYMLS #481471 Report a problem
        4/17/2025Price change$1,780,000-0.4%
        Source: StreetEasy #S1766063 Report a problem
        4/13/2025Price change$1,788,000+11.8%
        Source: BNYMLS #481471 Report a problem
        7/23/2024Price change$1,599,000-13.6%
        Source: BNYMLS #481471 Report a problem
        6/14/2024Price change$1,850,000-5.4%
        Source: BNYMLS #481471 Report a problem
        4/21/2024Listed for sale$1,955,000+43.2%
        Source: BNYMLS #481471 Report a problem
        6/20/2017Sold$1,365,000-0.7%
        Source: Public Record Report a problem
        6/28/2016Listed for sale$1,375,000-5.2%
        Source: City Express Realty Report a problem
        4/7/2016Listing removed$1,450,000
        Source: City Express Realty LLC Report a problem
        1/21/2016Listed for sale$1,450,000
        Source: City Express Realty #398562 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,697 +2.8%$263,700 -10.1%
        2024$13,328 $293,400 +9%
        2023-- $269,100 +2.9%
        2022-- $261,450 +11.7%
        2021-- $234,000 +0.1%
        2020$10,565 +3.3%$233,820
        2019$10,228 $233,820 +207.8%
        2018-- $75,972 +8%
        2017$8,950 +6.6%$70,370 +8%
        2016$8,394 $65,158
        2015$8,394 +53.9%$65,158 +3.3%
        2014$5,454 $63,079 +7.9%
        2013-- $58,440 +8%
        2012-- $54,131 +8%
        2011-- $50,122
        2010-- $50,122 +3.3%
        2009-- $48,523 +7.9%
        2008-- $44,954 +8%
        2007-- $41,640 +8%
        2006-- $38,556
        2005-- $38,556 +3.3%
        2004-- $37,326 +7.9%
        2003-- $34,580 +8%
        2002-- $32,031 +8%
        2001-- $29,659
        2000-- $29,659
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sheepshead Bay

        Getting around

        94 / 100
        Walker's Paradise
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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