Brick Triplex With Private
For Sale
$2,452,000
2621 Benson Avenue, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size3,729 SF
Lot Size0.07 Acres
Price / SF$657.55
Days on Market54
Property Features for 2621 Benson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Bathrooms
7
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bedroom 9, Bathroom 6, Bathroom 1, Bedroom 5, Bathroom 4, Bathroom 7, Bedroom 7, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 10, Bedroom 3, Bathroom 3, Bedroom 6, Bathroom 5
Parking features
Garage
Interior features
Dryer, Refrigerator, Stove, Terrace, Washer
Basement
Finished
Subdivision
Bensonhurst
Standard status
Active
Size
3,729 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
13110
Building Details
Year built
1969
Floors in Building
3
Number of units
3
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Rubber
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Michelle J. Zhang · License #MZ4172
(718) 612-3088
Added: Jul 2
Changed: Aug 23
Last Checked: Aug 24 at 7:06PM
MLS# 502736
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 three-family brick property contains 3,729 square feet on a 0.0739-acre corner lot measuring 37 by 100 feet, with a 22-by-60-foot building. The property includes three apartments, a built-in garage, private driveway, and parking for multiple vehicles. The lower level of the first-floor residence adds a family room, recreation area, or office option, along with laundry, utility space, and garage access. The upper apartments each include three or four bedrooms, living and dining areas, kitchens, and 1.5 baths; the first-floor apartment has three bedrooms and 2.5 baths, while the third-floor residence has four bedrooms and a private bath in the primary suite. A new roof and updated electrical, gas, and water systems are reported, with tile and hardwood flooring, a rubber roof, and appliances including a washer, dryer, refrigerator, and stove.
The property is located at 2621 Benson Avenue in Brooklyn, next to a park and near the 86th Street shopping district, supermarkets, restaurants, banks, community amenities, and public transportation.
The property is located at 2621 Benson Avenue in Brooklyn, next to a park and near the 86th Street shopping district, supermarkets, restaurants, banks, community amenities, and public transportation.
Key Highlights
- Three‑family configuration with 3,729 square feet of building area
- 0.0739‑acre corner lot measuring 37 by 100 feet
- Three apartments with 3‑bedroom, 3‑bedroom, and 4‑bedroom layouts
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
$101,708
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
4.15%
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%
$2,034,160
$2.0M
Cap Rate 7%
$1,452,971
$1.5M
Cap Rate 9%
$1,130,089
$1.1M
Market Conditions
NOI Build-Up for 3,729 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
$152.1K $40.80/SF
− Vacancy
−$6.8K −$1.84/SF
EGI
$145.3K $38.96/SF
− OpEx
−$43.6K −$11.69/SF
NOI
$101.7K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /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%
$2,034,160
Cap Rate 7%
$1,452,971
Cap Rate 9%
$1,130,089
Alternative Uses
Best Use
Multifamily LT 5
$1.45M
$1.27M – $1.70M
NOI $101,708 @ 7.0% cap · market cap 4.15%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.52M
NOI $91,153 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M
NOI $152,272 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,512
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
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 - Three apartments provide flexible occupancy, private parking, garage access, and substantial living space across a corner property.
Where is this triplex located?
The property is located at 2621 Benson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,452,000.
What are key features of this property?
This property features: Three‑family configuration with 3,729 square feet of building area; 0.0739‑acre corner lot measuring 37 by 100 feet; Three apartments with 3‑bedroom, 3‑bedroom, and 4‑bedroom layouts
