Legal Three-Family Brick
1253 Blake Avenue, Brooklyn, NY 11208
New
MULTI_FAMILY - Other - Brooklyn, NY
Property size:
2,450 SFLot size:
0.05 AcresPrice / SF:
$489/SF- Added:
- Jun 8, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 11 at 3:06 am
Property Features for 1253 Blake Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 5, Bedroom 1
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath
- Basement
- Finished, Full, Walk-Out Access
- Standard status
- Active
- APN
- 04266-0052
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3839
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 3
- Flooring type
- Hardwood, Laminate, Combination
- Building materials
- Brick
- Architectural style
- Other
Listing agent Christine Collura (516) 551-2140
Listing office Integrity Core Realty 100 Jericho Quadrangle Ste 235, Melville, NY (516) 200-1202
Listing date Jun 8, 2026
MLS# 1009753
Listing URL
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Legal three‑family brick property in Brooklyn’s Cypress Hills section
- Approximately 2,450 sq ft of living space with 3 apartments
- First floor includes a 3‑bedroom unit plus an office, and has a first‑floor full bath
- Finished full basement with access to the rear yard, adding extra usable space
- Public utilities: public water and public sewer; heating uses natural gas
- Window/wall A/C (window unit(s)) and on‑street parking
Overview
This legal three-family brick income property offers approximately 2,450 square feet of living space. The layout includes one spacious three-bedroom unit with an office on the first floor, along with two additional apartments on the second level. A full finished basement provides extra usable space, with access to the rear yard for convenient daily use. The building is being offered as-is and would benefit from updates and improvements.
Located at 1253 Blake Avenue in the Cypress Hills section of Brooklyn, the property is positioned near transportation, shopping, and everyday amenities as described in the listing remarks. The combination of three separate apartments and basement space supports a variety of ownership strategies, including an owner-occupant option.
With two units currently vacant, the property can offer immediate flexibility for an incoming owner looking to move in, reposition units, or stabilize occupancy. The rear-yard access from the finished basement adds practicality for tenants, while the overall three-unit structure supports ongoing rental operations. Buyers seeking a multi-family brick building with multiple living areas and room to improve may find it a workable fit for their plans.
Located at 1253 Blake Avenue in the Cypress Hills section of Brooklyn, the property is positioned near transportation, shopping, and everyday amenities as described in the listing remarks. The combination of three separate apartments and basement space supports a variety of ownership strategies, including an owner-occupant option.
With two units currently vacant, the property can offer immediate flexibility for an incoming owner looking to move in, reposition units, or stabilize occupancy. The rear-yard access from the finished basement adds practicality for tenants, while the overall three-unit structure supports ongoing rental operations. Buyers seeking a multi-family brick building with multiple living areas and room to improve may find it a workable fit for their plans.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.1k | $38.40 |
| − Vacancy | −$4.2k | −$1.73 |
| EGI | $89.8k | $36.67 |
| − OpEx | −$27.0k | −$11.00 |
| NOI | $62.9k | $25.67 |
2,450 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$898.5K
$786.2K – $1.05M
NOI $62,892 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$800.0K
$700.0K – $933.3K
NOI $56,000 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,937 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.870611
- Latitude
- 40.671637
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-family brick building with a finished basement, rear-yard access, and two vacant units in Cypress Hills.
Where is this triplex located?
The property is located at 1253 Blake Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Legal three‑family brick property in Brooklyn’s Cypress Hills section; Approximately 2,450 sq ft of living space with 3 apartments; First floor includes a 3‑bedroom unit plus an office, and has a first‑floor full bath
