Three-Family Brick
For Sale
$1,629,000
1673 83rd Street, Brooklyn, NY 11214
MULTI_FAMILY - Colonial - Brooklyn, NY
Property Size3,000 SF
Lot Size0.05 Acres
Price / SF$543
Days on Market27
Property Features for 1673 83rd Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R5
Bedrooms
6
Bathrooms
4
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 6, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Parking features
On Street
Patio and Porch features
Deck
Interior features
Ceiling Fan(s)
Basement
Finished, Full
Lot features
Front Yard, Back Yard
Subdivision
Bensonhurst
Standard status
Active
APN
6306-55
Size
3,000 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8162
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Hot Water(Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1899
Floors in Building
3
Number of units
1
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Keller Williams Realty Staten Island
(718) 766-7159
Listed By:
Weiping Liang · License #10401332637
(917) 724-9751
Added: Jul 7
Changed: Aug 2
Last Checked: Aug 2 at 6:06AM
MLS# 2603791
Copyright © 2026 Staten Island Board of Realtors. 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.
A fully vacant three-family brick triplex with a Colonial architectural style, built in 1899. The home sits on a 20' x 100' lot and offers approximately 3,000 square feet of living space. The first-floor unit includes two bedrooms and one full bathroom, with potential to expand into a three-bedroom residence. A walk-in basement includes two bedrooms and 1.5 bathrooms and can be converted into a three-bedroom layout. The second-floor unit features three bedrooms and one full bathroom, with flexibility to create a four-bedroom layout. A deck, ceiling fan(s), window unit cooling, and on-street parking support everyday living.
Utilities and services include public sewer, with hot water heating using natural gas and electric. The property is designed for flexible occupancy, including options for an owner-occupant or multi-generational living, while maintaining a multi-unit structure.
Zoned R5, this fully vacant brick residence provides a straightforward three-unit configuration and interior flexibility through multiple bedroom and layout conversion opportunities.
Utilities and services include public sewer, with hot water heating using natural gas and electric. The property is designed for flexible occupancy, including options for an owner-occupant or multi-generational living, while maintaining a multi-unit structure.
Zoned R5, this fully vacant brick residence provides a straightforward three-unit configuration and interior flexibility through multiple bedroom and layout conversion opportunities.
Key Highlights
- Fully vacant three‑family brick triplex built in 1899 with Colonial style
- 20' x 100' lot with approximately 3,000 square feet of living space
- R5 zoning with public sewer and on‑street parking
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 | $122.4k | $40.80 |
| − Vacancy | −$5.5k | −$1.84 |
| EGI | $116.9k | $38.96 |
| − OpEx | −$35.1k | −$11.69 |
| NOI | $81.8k | $27.27 |
3,000 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,824 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$1.05M
$916.7K – $1.22M
NOI $73,333 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,504 @ 7.0% cap · market cap 7.52%
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
3,872
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - R5 zoned three-family brick triplex with deck, window A/C, and public sewer.
Where is this triplex located?
The property is located at 1673 83rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,629,000.
What are key features of this property?
This property features: Fully vacant three‑family brick triplex built in 1899 with Colonial style; 20' x 100' lot with approximately 3,000 square feet of living space; R5 zoning with public sewer and on‑street parking
