Metal–organic frameworks (MOFs) containing two different inorganic metal nodes (known as bimetallic MOFs) could exhibit enhanced CO2 adsorption compared to their monometallic counterparts. Herein, a series of bimetallic NiCo-MOF-74 synthesized by microwave-assisted method were investigated for CO2 adsorption. It was revealed that narrow micropore channel with open metal site (OMS) of the bimetallic NiCo-MOF-74 influence CO2 binding affinity and CO2/N2 adsorption. The CO2 uptake of Ni1Co1-MOF-74 at 0 °C and 1 bar (100 kPa) was 8.30 mmol g−1 which is higher than those of Ni-MOF-74 (3.99 mmol g−1), Ni6Co1-MOF-74 (3.62 mmol g−1), Ni1Co6-MOF-74 (6.40 mmol g−1) and Co-MOF-74 (5.03 mmol g−1). While this could be related to the high specific surface area of Ni1Co1-MOF-74, Ni1CO2-MOF-74 with relatively low specific surface areas still shows good CO2 adsorption capacity up to 5.70 mmol/g, which is higher than those of adsorbents Ni-MOF-74, Ni6Co1-MOF-74 and Co-MOF-74, indicating that adsorption performance mainly relies on coordinated metals. Ni1Co1-MOF-74 showed remarkable recyclability performance, ranking selectivity of CO2/N2 reach up to 34, and suitable isosteric heat (31–23 kJ mol−1), manifesting a great probability for industrial CO2 capture. As revealed, incorporated Ni2+/Co2+ nodes within Ni1Co1-MOF-74, which are acting as active and open sites for CO2 capture, led to the synergetic effects comprising of micropores as well as dense dual-metal sites.