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Brick Triplex with Private Yard
For Sale
$925,000

2190 Schenectady Avenue, Brooklyn, NY 11234

MULTI_FAMILY - Brooklyn, NY

Property Size1,900 SF
Lot Size0.05 Acres
Price / SF$486.84
Days on Market105

Property Features for 2190 Schenectady Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning R3-2
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bathroom 2
Parking features Garage
Interior features Microwave, Refrigerator, Stove
Basement Finished
Subdivision Old Mill Basin
Standard status Active
Size 1,900 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 7775

Amenities

Private Yard

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Ceramic, Laminate, Hardwood
Building materials Brick
Roof type Flat
Architectural style Other
Listing Agency: GEO Real Estate Group Inc
Listed By: Gene (Eugene) Burshtein
Added: Apr 22 Changed: Aug 3 Last Checked: Aug 4 at 3:06PM
MLS# 500777

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 brick triplex at 2190 Schenectady Avenue in Flatlands Brooklyn offers three separate living areas configured as 3Bed/3Bed/1Bed, plus a private yard and garage parking. The top floor will be delivered vacant. The middle floor is currently rented and is in the process of an increase. Recent renovation and cosmetic upgrades have been completed, and interior features include a microwave, refrigerator, and stove. Flooring includes hardwood, laminate, and ceramic surfaces.

The property sits on a 0.0459-acre lot and was built in 1920. It is zoned R3-2. The roof is flat.

With approximately 1,900 square feet of building area, this configuration supports owner-occupant or multi-unit rental use where separation and outdoor space are important.

Key Highlights

  • Triplex layout with 3Bed/3Bed/1Bed units
  • Top floor delivered vacant; middle floor currently rented and in process of rent increase
  • Private yard and garage 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 $96.9k $51.00
− Vacancy −$1.8k −$0.97
EGI $95.1k $50.03
− OpEx −$28.5k −$15.01
NOI $66.5k $35.02
1,900 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$950.6K
$831.8K – $1.11M (±1% cap)
NOI $66,541 @ 7.0% cap · market cap 7.19%
Second Best
Apartment 5plus
$828.6K
$725.1K – $966.8K (±1% cap)
NOI $58,005 @ 7.0% cap · market cap 6.27%
Theoretical Best
Specialty Retail
$1.57M
$1.38M – $1.84M (±1% cap)
NOI $110,124 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Gym & Fitness Center

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

2,994
Businesses Nearby

Demographics for 11234, NY

92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - Brick triplex in Flatlands with private yard, garage parking, and a top floor to be delivered vacant.
Where is this triplex located?
The property is located at 2190 Schenectady Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Triplex layout with 3Bed/3Bed/1Bed units; Top floor delivered vacant; middle floor currently rented and in process of rent increase; Private yard and garage parking
More about this property
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