Three-Unit Brick Triplex with R5
For Sale
$1,550,000
Pending
149 Dahill Road, Brooklyn, NY 11218
MULTI_FAMILY - Colonial - Brooklyn, NY
Property Size2,560 SF
Lot Size0.06 Acres
Days on Market269
Property Features for 149 Dahill Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 5, Basement, Bedroom 1, Bedroom 3
Parking features
Driveway, Garage
Interior features
First Floor Bedroom
Basement
Partially Finished
Elementary school
Ps 230 Doris L Cohen
Middle school
Jhs 223 Montauk (The)
High school
Franklin Delano Roosevelt High School
Elementary school district
Brooklyn 15
Middle school district
Brooklyn 20
High school district
Brooklyn 20
Standard status
Pending
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9620
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1910
Number of units
3
Building materials
Brick
Architectural style
Colonial
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Alvin Tse
(646) 330-3388
Added: Nov 20, 2025
Changed: Aug 3
Last Checked: Aug 16 at 6:06PM
MLS# 937940
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.
Investment Insights
Based on property information with market context.
149 Dahill Road is a solid brick three-unit (triplex) building in Brooklyn’s Kensington pocket, built in 1910 and presented in as-is condition. The property has 2,560 sq ft of interior space on a 2,483 sq ft lot and features flexible R5 zoning.
The first floor includes a spacious 3 bedroom and 2 bathroom apartment with a connection to a full unfinished basement. The second floor is configured as two separate, legal apartments: one with 1 bedroom and 1 bathroom, and the other with 2 bedrooms and 1 bathroom. The home has natural gas heating and cooling via window and wall/window unit(s).
Outside, there is private parking plus a detached 2-car garage, along with a shared driveway. The property is serviced by public water and public sewer.
The first floor includes a spacious 3 bedroom and 2 bathroom apartment with a connection to a full unfinished basement. The second floor is configured as two separate, legal apartments: one with 1 bedroom and 1 bathroom, and the other with 2 bedrooms and 1 bathroom. The home has natural gas heating and cooling via window and wall/window unit(s).
Outside, there is private parking plus a detached 2-car garage, along with a shared driveway. The property is serviced by public water and public sewer.
Key Highlights
- R5 zoning and a solid brick three‑unit triplex built in 1910
- 2,560 sq ft interior space on a 2,483 sq ft lot
- First floor: 3 bed, 2 bath apartment with connection to a full unfinished basement
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
$89,656
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
5.78%
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%
$1,793,120
$1.8M
Cap Rate 7%
$1,280,800
$1.3M
Cap Rate 9%
$996,178
$996.2K
Market Conditions
NOI Build-Up for 2,560 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
$130.6K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$128.1K $50.03/SF
− OpEx
−$38.4K −$15.01/SF
NOI
$89.7K $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%
$1,793,120
Cap Rate 7%
$1,280,800
Cap Rate 9%
$996,178
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,656 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$1.12M
$976.9K – $1.30M
NOI $78,154 @ 7.0% cap · market cap 5.04%
Theoretical Best
Specialty Retail
$2.12M
$1.85M – $2.47M
NOI $148,378 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,429
Businesses Nearby
Explore this area
Business Placement
Demographics for 11218, NY
78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
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 - Triplex offers three legal apartments and R5 zoning with natural gas heating and public water and sewer.
Where is this triplex located?
The property is located at 149 Dahill Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: R5 zoning and a solid brick three‑unit triplex built in 1910; 2,560 sq ft interior space on a 2,483 sq ft lot; First floor: 3 bed, 2 bath apartment with connection to a full unfinished basement
