Detached Triplex with Private
For Sale
$3,299,000
171 Girard Street, Brooklyn, NY 11235
Residential, Triplex, Brooklyn, NY
Property Size4,112 SF
Lot Size0.18 Acres
Price / SF$802.29
Days on Market79
Property Features for 171 Girard Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R3-1
Bedrooms
7
Bathrooms
5
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 7, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Parking features
Garage - Detached
Patio and Porch features
Deck, Porch
Interior features
A/C Unit - Wall, Deck, Dishwasher, Dryer, Fireplace, Laundry Area, Microwave, Pool, Porch, Refrigerator, Stove, Washer
Fireplace
1
Basement
Full, Finished
Subdivision
Manhattan Beach
Standard status
Active
Size
4,112 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
24118
Amenities
hardwood floors
eat-in kitchens
outdoor terraces
finished basement
wood-burning fireplaces
gas heat
updated 220-amp electrical service
detached garage
large private driveway
Building Details
Year built
1920
Floors in Building
3
Number of units
3
Flooring type
Hardwood
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Bright Horizons Realty
Listed By:
Katherine A. Pontone
(718) 615-1441
Added: Jul 23
Changed: Oct 4
Last Checked: Oct 9 at 1:06AM
MLS# 503158
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 detached three-family residence offers 4,112 square feet with 7 bedrooms, hardwood flooring, and eat-in kitchens. A finished basement, outdoor terraces, a deck, and a porch add to the property’s existing configuration. The home also has wood-frame construction, gas heat, wall-unit air conditioning, and a wood-burning fireplace. A detached garage and private driveway provide on-site parking. Built in 1920, the property sits on a 0.1837-acre lot measuring 80' * 100'.
Located in Manhattan Beach, the residence is a short distance from the beach. The property is zoned R3-1 and is identified as a legal three-family residence.
Located in Manhattan Beach, the residence is a short distance from the beach. The property is zoned R3-1 and is identified as a legal three-family residence.
Key Highlights
- Detached legal three‑family residence on an 80' * 100' lot
- 4,112 square feet on 0.1837 acres
- Seven bedrooms and eat‑in kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,009
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,880,180
$2.9M
Cap Rate 7%
$2,057,271
$2.1M
Cap Rate 9%
$1,600,100
$1.6M
Market Conditions
NOI Build-Up for 4,112 SF
Gross rent
$209.7K $51.00/SF
− Vacancy
−$4.0K −$0.97/SF
EGI
$205.7K $50.03/SF
− OpEx
−$61.7K −$15.01/SF
NOI
$144.0K $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 Rate 5%
$2,880,180
Cap Rate 7%
$2,057,271
Cap Rate 9%
$1,600,100
Alternative Uses
Best Use
Multifamily LT 5
$2.06M
$1.80M – $2.40M
NOI $144,009 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$1.79M
$1.57M – $2.09M
NOI $125,535 @ 7.0% cap · market cap 3.81%
Theoretical Best
Specialty Retail
$3.40M
$2.98M – $3.97M
NOI $238,332 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,476
Businesses Nearby
Explore this area
Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - The three-family residence includes a finished basement, outdoor spaces, and a detached garage.
Where is this triplex located?
The property is located at 171 Girard Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,299,000.
What are key features of this property?
This property features: Detached legal three‑family residence on an 80' * 100' lot; 4,112 square feet on 0.1837 acres; Seven bedrooms and eat‑in kitchens
