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    Solid Brick Triplex Residence Title is generated by Realmo AI

    2064 Coyle Street, Brooklyn, NY 11229

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    Claim this Listing
    New
    For Sale
    $999,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,040 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $489/SF
    Added:
    Jun 8, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 11 at 2:06 am

    Property Features for 2064 Coyle Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1
    Interior features
    Refrigerator, Stove
    Standard status
    Active
    Size
    2,040 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7147

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Hardwood, Tile
    Building materials
    Block, Brick
    Roof type
    Flat

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    Listing Contact
    Kevin Reilly

    Listing agent Kevin Reilly

    Listing office Calemine & Co. Real Estate, LL 625 Gravesend Neck Rd, Brooklyn, NY

    Listing date Jun 8, 2026

    MLS# 502099 Listing URL

    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.

    HighLights

    • Solid brick 3‑family home in Marine Park with a community driveway and detached 2‑car garage
    • Fully vacant; current layout is a 2‑bedroom unit over a 1‑bedroom apartment over a studio/1‑bedroom apartment
    • Recently updated electric service with 4 new meters and sub‑panels
    • Block and brick construction with tile and hardwood flooring throughout
    • Flat roof; built in 1930
    • Multiple renovation/conversion possibilities with an existing triplex layout that can be reconfigured to other uses

    Overview

    Solid brick 3-family home offered fully vacant. The current configuration is a 2-bedroom unit over a 1-bedroom apartment over a studio/1-bedroom apartment. The property includes a community driveway and a detached 2-car garage. Recent improvements include updated electric service with four new meters and sub-panels, supporting independent metering at the building level. With some updating or remodeling, the home offers flexibility for a next owner looking to reimagine the layout.

    Set in Marine Park, the property is described as just minutes from a nearby nature preserve and the activities available at Marine Park. It also remains within close proximity to shopping, dining, and public transportation options along the Avenue U shopping strip.

    For buyers, this asset’s fully vacant status can simplify near-term renovation planning and makes it suitable for a range of owner-occupant or investor strategies consistent with the existing 3-family structure. The combination of multiple unit layouts, updated electrical infrastructure, and the detached garage adds practicality for daily use and tenant needs, while the R4 zoning provides a baseline framework for potential redevelopment or reconfiguration through appropriate approvals.

    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 $104.0k $51.00
    − Vacancy −$2.0k −$0.97
    EGI $102.1k $50.03
    − OpEx −$30.6k −$15.01
    NOI $71.4k $35.02
    2,040 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.02M
    $893.1K – $1.19M (±1% cap)
    NOI $71,444 @ 7.0% cap · market cap 7.15%
    Second Best
    Apartment 5plus
    $889.7K
    $778.5K – $1.04M (±1% cap)
    NOI $62,279 @ 7.0% cap · market cap 6.23%
    Theoretical Best
    Specialty Retail
    $1.69M
    $1.48M – $1.97M (±1% cap)
    NOI $118,238 @ 7.0% cap · market cap 11.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.937605
    Latitude
    40.601634

    FAQs

    What type of property is this?
    Triplex - Fully vacant 3-family with solid brick construction, updated electric service, community driveway, and detached 2-car garage.
    Where is this triplex located?
    The property is located at 2064 Coyle Street Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Solid brick 3‑family home in Marine Park with a community driveway and detached 2‑car garage; Fully vacant; current layout is a 2‑bedroom unit over a 1‑bedroom apartment over a studio/1‑bedroom apartment; Recently updated electric service with 4 new meters and sub‑panels
    More about this property
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