Triplex with Central Air and Oversized
For Sale
$1,825,000
2612 Avenue J, Brooklyn, NY 11210
SINGLE_FAMILY - Brooklyn, NY
Property Size4,000 SF
Lot Size0.08 Acres
Price / SF$456.25
Days on Market34
Property Features for 2612 Avenue J
General Information
Property type
Residential
Property subtype
Triplex
Zoning
R4
Bedrooms
5
Bathrooms
5
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 4
Patio and Porch features
Porch
Interior features
Central Air, Porch
Basement
Finished
Subdivision
Midwood
Standard status
Active
Size
4,000 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
14791
Amenities
central air conditioning
multiple heating and cooling zones
Building Details
Year built
1925
Flooring type
Tile
Building materials
Block, Brick
Architectural style
Other
Listing Agency:
Behfar Team, LLC
(347) 988-2526
Listed By:
Cynthia Glatt · License #CG3077
(347) 988-2526
Added: Jul 24
Changed: Aug 4
Last Checked: Aug 26 at 6:06AM
MLS# 503190
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.
Welcome to a spacious brick and stucco triplex with a center hall layout, porch entry, and an oversized garage. The home offers approximately 4,000 square feet of living space on a 35x100 lot, with flexible indoor living areas including a formal living room and dining room, an oversized eat-in kitchen with high-end appliances, and a family room that provides direct access to the deck and backyard. The second floor includes a spacious primary suite with vaulted ceilings, a walk-in closet, and a beautifully renovated en-suite bathroom, plus additional bedrooms, two full bathrooms, and a laundry room. The third floor features a private bedroom suite with its own full bathroom, well-suited for a home office or additional living space. A finished basement adds flexibility for a recreation room, gym, or playroom.
Built in 1925, the property includes central air and multiple heating and cooling zones, along with abundant closet space, a private driveway, and tile flooring.
Conveniently located near neighborhood shopping, houses of worship, schools, parks, and public transportation in Midwood.
Built in 1925, the property includes central air and multiple heating and cooling zones, along with abundant closet space, a private driveway, and tile flooring.
Conveniently located near neighborhood shopping, houses of worship, schools, parks, and public transportation in Midwood.
Key Highlights
- Approximately 4,000 square feet of living space on a 35x100 lot
- R4 zoning with brick and stucco construction
- Central air plus multiple heating and cooling zones
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$140,087
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,801,740
$2.8M
Cap Rate 7%
$2,001,243
$2.0M
Cap Rate 9%
$1,556,522
$1.6M
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$204.0K $51.00/SF
− Vacancy
−$3.9K −$0.97/SF
EGI
$200.1K $50.03/SF
− OpEx
−$60.0K −$15.01/SF
NOI
$140.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,801,740
Cap Rate 7%
$2,001,243
Cap Rate 9%
$1,556,522
Alternative Uses
Best Use
Multifamily LT 5
$2.00M
$1.75M – $2.33M
NOI $140,087 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$1.74M
$1.53M – $2.04M
NOI $122,116 @ 7.0% cap · market cap 6.69%
Theoretical Best
Specialty Retail
$3.31M
$2.90M – $3.86M
NOI $231,840 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,906
Businesses Nearby
Explore this area
Business Placement
Demographics for 11210, NY
62,805
Population
22,817
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
1.6 sq mi
ZIP Area
39,253
Density / Sq Mi
$83,261
Median Household Income
$50,286
Median Earnings
$1,734
Median Rent
$817,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - R4 zoned brick and stucco triplex with central air, multiple heating and cooling zones, and an oversized garage.
Where is this triplex located?
The property is located at 2612 Avenue J Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Approximately 4,000 square feet of living space on a 35x100 lot; R4 zoning with brick and stucco construction; Central air plus multiple heating and cooling zones
