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Four-Story Triplex Brownstone
For Sale
$1,795,000

211 Van Buren Street, Brooklyn, NY 11221

MULTI_FAMILY - Brooklyn, NY

Property Size3,540 SF
Lot Size0.05 Acres
Price / SF$507.06
Days on Market27

Property Features for 211 Van Buren Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6B
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2
Basement Unfinished, Full
Subdivision Bedford Stuyvesant
Standard status Active
Size 3,540 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 3778

Building Details

Year built 1899
Floors in Building 3
Number of units 3
Flooring type Ceramic, Hardwood
Building materials Brick, Masonry
Roof type Flat
Listing Agency: Bellmarc
Listed By: Gamal Hasan
Added: Jul 11 Changed: Aug 3 Last Checked: Aug 6 at 3:06AM
MLS# 502956

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.

Four-story three-family brownstone on a small lot, configured as a six-room lower duplex with garden access plus two upper apartments. Each upper apartment includes four rooms with two bedrooms and one bath. Renovation has started, with kitchens and bathrooms removed and the home requiring completion. The property includes a full cellar and a large private rear garden. Construction is brick/masonry with a flat roof.

The building was built in 1899 and features interior finishes including ceramic and hardwood flooring. It is delivered vacant at closing and sold as-is.

Zoning is R6B. Flexible redevelopment and use options include conversion to a one-family townhouse, an owner’s triplex with a rental unit, or continued operation as a three-family investment property.

Key Highlights

  • R6B zoning four‑story three‑family brownstone configuration
  • Renovation started; kitchens and bathrooms have been removed and work is incomplete
  • Large private rear garden plus full cellar

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 $180.5k $51.00
− Vacancy −$3.4k −$0.97
EGI $177.1k $50.03
− OpEx −$53.1k −$15.01
NOI $124.0k $35.02
3,540 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.77M
$1.55M – $2.07M (±1% cap)
NOI $123,977 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $108,073 @ 7.0% cap · market cap 6.02%
Theoretical Best
Specialty Retail
$2.93M
$2.56M – $3.42M (±1% cap)
NOI $205,178 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Real Estate Agency Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,936
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Four-story three-family brownstone in R6B zoning with a private rear garden and full cellar; renovation has started.
Where is this triplex located?
The property is located at 211 Van Buren Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: R6B zoning four‑story three‑family brownstone configuration; Renovation started; kitchens and bathrooms have been removed and work is incomplete; Large private rear garden plus full cellar
More about this property
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