Brick Triplex with Attached
For Sale
$1,950,000
1132 76th Street, Brooklyn, NY 11228
Residential, Brooklyn, NY
Property Size2,968 SF
Lot Size0.05 Acres
Price / SF$657.01
Days on Market52
Property Features for 1132 76th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 1
Parking features
Garage - Attached
Interior features
Central Air, Dishwasher, Dryer, Refrigerator, Stove, Washer
Subdivision
Dyker Heights
Standard status
Active
Size
2,968 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
13022
Amenities
private backyard
private driveway
attached garage
Building Details
Year built
1955
Floors in Building
3
Number of units
3
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Jul 7
Changed: Aug 24
Last Checked: Aug 27 at 10:06PM
MLS# 502821
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This attached brick triplex contains 2,968 square feet on a 0.0505-acre lot. The first floor has one bedroom, one bathroom, and access to a private backyard. The second and third floors each include two bedrooms and one bathroom, creating a clearly defined three-unit layout. Separate utilities serve each unit. Built in 1955, the property includes central air, a dishwasher, refrigerator, stove, washer, and dryer, with tile and hardwood flooring throughout the residence.
A private driveway provides parking for up to three cars, complemented by an attached garage. The property is located at 1132 76th Street in Brooklyn, near shopping, supermarkets, restaurants, schools, parks, and public transportation. The building measures 22*48 on a 22*100 lot and is zoned R4-1.
A private driveway provides parking for up to three cars, complemented by an attached garage. The property is located at 1132 76th Street in Brooklyn, near shopping, supermarkets, restaurants, schools, parks, and public transportation. The building measures 22*48 on a 22*100 lot and is zoned R4-1.
Key Highlights
- Three‑unit attached brick residence with 2,968 square feet
- Unit layout includes one 1‑bedroom unit and two 2‑bedroom units
- Each unit has separate utilities
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$103,944
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,078,880
$2.1M
Cap Rate 7%
$1,484,914
$1.5M
Cap Rate 9%
$1,154,933
$1.2M
Market Conditions
NOI Build-Up for 2,968 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$151.4K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$148.5K $50.03/SF
− OpEx
−$44.5K −$15.01/SF
NOI
$103.9K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,078,880
Cap Rate 7%
$1,484,914
Cap Rate 9%
$1,154,933
Alternative Uses
Best Use
Multifamily LT 5
$1.48M
$1.30M – $1.73M
NOI $103,944 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,610 @ 7.0% cap · market cap 4.65%
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M
NOI $172,025 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,469
Businesses Nearby
Explore this area
Business Placement
Demographics for 11228, NY
45,906
Population
16,336
Households
2.8
Avg Household Size
41
Median Age
37%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
30,604
Density / Sq Mi
$80,737
Median Household Income
$47,062
Median Earnings
$1,828
Median Rent
$1,131,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer separate utilities, private outdoor space, and on-site parking.
Where is this triplex located?
The property is located at 1132 76th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Three‑unit attached brick residence with 2,968 square feet; Unit layout includes one 1‑bedroom unit and two 2‑bedroom units; Each unit has separate utilities
