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!!
Active
$1,850,000
2078 E 28th St, Brooklyn, NY 11229
11beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$1,784,600 Zestimate®
$--/sqft
$-- HOA
What's special
Detached garage
- 137 days
- 153
- 0
Zillow last checked:
Listing updated:
Listed by:
Remax Real Estate Professionals 646-203-7488,
Huizhen Li
Source: StreetEasy,MLS#: S1822803
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
$1,784,600
$1.70M - $1.87M
$3,336/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Price change | $1,850,000+2.3% |
Source: | ||
| 4/14/2026 | Price change | $1,808,000+6.5% |
Source: | ||
| 5/15/2025 | Price change | $1,698,000-3% |
Source: | ||
| 4/30/2025 | Price change | $1,750,000-1% |
Source: StreetEasy #S1766063 Report a problem | ||
| 4/23/2025 | Price change | $1,768,000-0.7% |
Source: | ||
| 4/17/2025 | Price change | $1,780,000-0.4% |
Source: StreetEasy #S1766063 Report a problem | ||
| 4/13/2025 | Price change | $1,788,000+11.8% |
Source: | ||
| 7/23/2024 | Price change | $1,599,000-13.6% |
Source: | ||
| 6/14/2024 | Price change | $1,850,000-5.4% |
Source: | ||
| 4/21/2024 | Listed for sale | $1,955,000+43.2% |
Source: | ||
| 6/20/2017 | Sold | $1,365,000-0.7% |
Source: Public Record Report a problem | ||
| 6/28/2016 | Listed for sale | $1,375,000-5.2% |
Source: City Express Realty Report a problem | ||
| 4/7/2016 | Listing removed | $1,450,000 |
Source: City Express Realty LLC Report a problem | ||
| 1/21/2016 | Listed for sale | $1,450,000 |
Source: City Express Realty #398562 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






