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3-Family Brick Townhouse

2514 Hubband Street Brooklyn, NY 11235

2514 Hubband Street, Brooklyn, NY, 11235
$2,490,000
For Sale
$2,490,000

MULTI_FAMILY - Brooklyn, NY

Property Size4,300 SF
Lot Size0.06 Acres
Price / SF$579.07
Days on Market337

Property Features for 2514 Hubband Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
9
Bathrooms
7
Rooms
Bathroom 6, Bedroom 8, Bedroom 5, Bedroom 9, Bedroom 4, Bathroom 4, Bedroom 6, Bathroom 7, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 3
Parking features
Garage
Patio and Porch features
Porch, Patio
Interior features
A/C Unit, Central Air - Split, Dishwasher, Fireplace, Garage Door Opener(s), Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Stove
Fireplace
1
Basement
Finished
Standard status
Active
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
15992

Building Details

Year built
1988
Floors in Building
4
Number of units
3
Flooring type
Parquet Wood, Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency BO's Prime Realty
9524 Avenue L, Brooklyn, NY
Listed by Bozena Zgoda
Added: Aug 19, 2025 Updated: Jul 11 at 6:34 pm Checked: Jul 21 at 6:06 am
MLS# 495154 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.


Investment Insights

Based on property information with market context.

This well-maintained 3-family brick residence was built in 1988 and is arranged as three full-floor apartments. Each unit is designed with an open-concept living and dining layout, hardwood flooring throughout, and its own private entrance. Apartment configurations include 3-bedroom or 2-bedroom options, with each unit offering 1 full bathroom and 1 half bathroom. Practical in-unit laundry space for a washer and dryer is included, and each apartment provides access to outdoor space via terraces on the second and third floors and a front terrace on the first floor, with rear and front terrace access on the upper levels. The third-floor apartment features a gas fireplace and an electric sauna.

The property is situated on an approximately 26.5 ft by 95 ft lot in Sheepshead Bay, Brooklyn, and includes a built-in garage plus a private two-car driveway. A full-size finished basement with a separate entrance adds flexible utility for recreation, storage, or future customization. Separate meters are provided for gas and electric for each unit.

With private entrances, separate utilities, and outdoor space tied to each floor, the layout supports both owner-occupants and investors seeking straightforward multi-family management. The added basement and outdoor terraces provide meaningful day-to-day value for residents, while the enclosed, multi-unit configuration can help diversify rental income within a classic three-apartment format.

Key Highlights

  • Three‑family brick residence built in 1988 with approx. 4,300 SF interior space.
  • Approx. 26.5 ft x 95 ft lot in Sheepshead Bay, Brooklyn, with three full‑floor apartments.
  • Apartment mix: each unit has 1 full bath and 1 half bath, with layouts offering 3 or 2 bedrooms.

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 $219.3k $51.00
− Vacancy −$4.2k −$0.97
EGI $215.1k $50.03
− OpEx −$64.5k −$15.01
NOI $150.6k $35.02
4,300 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,593 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,275 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$3.56M
$3.12M – $4.15M (±1% cap)
NOI $249,228 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

FAQs

What type of property is this?
Triplex - Well-maintained 3-family brick residence with private entrances, separate utilities, and outdoor terraces for each level.
Where is this triplex located?
The property is located at 2514 Hubband Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Three‑family brick residence built in 1988 with approx. 4,300 SF interior space.; Approx. 26.5 ft x 95 ft lot in Sheepshead Bay, Brooklyn, with three full‑floor apartments.; Apartment mix: each unit has 1 full bath and 1 half bath, with layouts offering 3 or 2 bedrooms.
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