1905 Three-Family
165 17th Street Brooklyn, NY 11215
165 17th Street, Brooklyn, NY, 11215
$1,800,000
For Sale
$1,800,000
MULTI_FAMILY - Brooklyn, NY
Property Size1,952 SF
Lot Size0.04 Acres
Price / SF$922.13
Days on Market15
Property Features for 165 17th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Interior features
- First Floor Bedroom
- Standard status
- Active
- APN
- 00627-0050
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4724
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1905
- Number of units
- 3
- Building materials
- Brick
Listing Agency
Motivated Access Realty Corp.
(646) 359-9753
1046 McLean Ave., Ste. 1, Yonkers, NY
Listed by
Janet Trujillo
(347) 524-4368
Added: Jul 3 Checked: Jul 17 at 10:06 am
MLS# 1021576
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.
Investment Insights
Based on property information with market context.
For sale: a classic 1905 three-family, two-story residence located at 165 17th Street in Brooklyn, NY 11215. The property is configured with three separate units and offers approximately 1,952 square feet of living space in total.
Built in the early 1900s, this home is presented as a turnkey option for owners or investors seeking rental income from a multi-unit structure. The layout is designed to support three households within one building.
As a three-family property, it provides an opportunity to be evaluated as a residential income asset in the Greenwood Heights area, with the convenience of having multiple units under one roof.
Built in the early 1900s, this home is presented as a turnkey option for owners or investors seeking rental income from a multi-unit structure. The layout is designed to support three households within one building.
As a three-family property, it provides an opportunity to be evaluated as a residential income asset in the Greenwood Heights area, with the convenience of having multiple units under one roof.
Key Highlights
- Built in 1905, brick three‑family residence in Greenwood Heights
- Approximately 1,952 SF of living space across three units
- Interior includes a first‑floor bedroom
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 | $99.6k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $97.7k | $50.03 |
| − OpEx | −$29.3k | −$15.01 |
| NOI | $68.4k | $35.02 |
1,952 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$976.6K
$854.5K – $1.14M
NOI $68,362 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$851.3K
$744.9K – $993.2K
NOI $59,593 @ 7.0% cap · market cap 3.31%
Theoretical Best
Specialty Retail
$1.62M
$1.41M – $1.89M
NOI $113,138 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - 1905-era three-family residence with approximately 1,952 sq. ft. across three units in Brooklyn.
Where is this triplex located?
The property is located at 165 17th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Built in 1905, brick three‑family residence in Greenwood Heights; Approximately 1,952 SF of living space across three units; Interior includes a first‑floor bedroom
