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Two-Family Residence with Basement

276 Woodbine Street Brooklyn, NY 11221

276 Woodbine Street, Brooklyn, NY, 11221
$1,300,000
Pending
For Sale
Claim this Listing
$1,300,000
Pending

MULTI_FAMILY - Other - Brooklyn, NY

Property Size3,385 SF
Lot Size0.04 Acres
AddedMay 4
Days on Market72
Last RefreshJul 14 at 12:06 pm

Property Features for 276 Woodbine Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
On Street
Basement
Finished, Full
Standard status
Pending
APN
03361-0028
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
3483

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1920
Number of units
3
Building materials
Brick, Frame
Architectural style
Other

Listing agent Vincent Koo CBR SRS

Listing office EXP Realty 6856 Groton St, Hauppauge, NY

Listing date May 4, 2026

MLS# 988620 Listing URL

Copyright © 2026 OneKey MLS. 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.

276 Woodbine Street is a two-family residence configured into three separate units, totaling approximately 3,385 square feet of interior living space. The main level includes the first floor plus a fully finished basement, with an expansive living and dining area, a functional kitchen with a dedicated laundry area, and multiple storage rooms. The upper levels provide additional living spaces with kitchens and bathrooms. Interior finishes include a mix of durable tile and hardwood flooring, with the layout offering 6 bedrooms and 3 full bathrooms.

Exterior features include a gated front entry and a private rear yard suitable for outdoor use. The property is located just blocks from the Myrtle-Wyckoff Avenue subway station, providing access to the L and M subway lines.

All layouts and configurations should be independently verified.

Key Highlights

  • Two‑family home built in 1920 with approximately 3,385 SF of interior living space
  • 3 separate units with a versatile layout offering 6 bedrooms and 3 full bathrooms
  • Fully finished basement plus main‑level living and dining area, kitchen, dedicated laundry area, and multiple storage rooms

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 $172.6k $51.00
− Vacancy −$3.3k −$0.97
EGI $169.4k $50.03
− OpEx −$50.8k −$15.01
NOI $118.5k $35.02
3,385 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.69M
$1.48M – $1.98M (±1% cap)
NOI $118,548 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,341 @ 7.0% cap · market cap 7.95%
Theoretical Best
Specialty Retail
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,195 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Veterinary Clinic Nursing Home Travel Agency Accounting Firm Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Two-family home with three total units, fully finished basement, and a private rear yard.
Where is this triplex located?
The property is located at 276 Woodbine Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two‑family home built in 1920 with approximately 3,385 SF of interior living space; 3 separate units with a versatile layout offering 6 bedrooms and 3 full bathrooms; Fully finished basement plus main‑level living and dining area, kitchen, dedicated laundry area, and multiple storage rooms
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