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Three-Unit Brick Apartment Building
New
For Sale
$1,249,000

326 39th St, Brooklyn, NY 11232

Residential Income, Brooklyn, NY

Property Size3,000 SF
Lot Size0.04 Acres
Price / SF$416.33
Days on Market6

Property Features for 326 39th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 6
Subdivision Sunset Park
View City
Standard status Active
Size 3,000 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4338

Utilities

Heating system Natural Gas, Steam

Amenities

private rear yard
full basement

Building Details

Year built 1910
Floors in Building 3
Flooring type Hardwood
Building materials Brick
Roof type Flat
Listing Agency: REMAX REAL ESTATE PROFESSIONALS
Listed By: Vito Angelo · License #VITLO524
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 6 at 12:06AM
MLS# 12008811

Copyright © 2026 My State 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.

This three-story brick apartment building contains three full-floor residences, each arranged with two bedrooms, one bathroom, an eat-in kitchen, and a living room. The property totals 3,000 square feet on a 0.0377-acre lot and includes a full basement and private rear yard. Hardwood flooring, natural gas and steam heat, and a flat roof are among the building’s physical features. Built in 1910, the property offers a defined three-unit configuration in Brooklyn.

Located at 326 39th St, the building is described as having access to transportation and shopping in the surrounding area.

Key Highlights

  • Three full‑floor apartments, each with 2 bedrooms and 1 bathroom
  • 3,000 square feet on a 0.0377‑acre lot
  • Three‑story brick construction; built in 1910

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,065
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,101,300 $2.1M
Cap Rate 7%
$1,500,929 $1.5M
Cap Rate 9%
$1,167,389 $1.2M
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$153.0K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$150.1K $50.03/SF
− OpEx
−$45.0K −$15.01/SF
NOI
$105.1K $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 Rate 5%
$2,101,300
Cap Rate 7%
$1,500,929
Cap Rate 9%
$1,167,389

Alternative Uses

Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,065 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M (±1% cap)
NOI $91,587 @ 7.0% cap · market cap 7.33%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M (±1% cap)
NOI $173,880 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Nursing Home Acupuncture (Bike/Boat/Book/etc) Store Restaurant

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,110
Businesses Nearby

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three full-floor residences each feature two bedrooms, one bathroom, and an eat-in kitchen.
Where is this triplex located?
The property is located at 326 39th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Three full‑floor apartments, each with 2 bedrooms and 1 bathroom; 3,000 square feet on a 0.0377‑acre lot; Three‑story brick construction; built in 1910
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