Triplex with Heated
346 Linden Boulevard Brooklyn, NY 11203
For Sale
$2,999,999
MULTI_FAMILY - Brooklyn, NY
Property Size3,025 SF
Lot Size0.10 Acres
Price / SF$991.74
Days on Market138
Property Features for 346 Linden Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R7-1
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 5, Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 8, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 9
- Interior features
- A/C Unit - Window, Laundry Area, Pool
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 3,025 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9257
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Parquet Wood
- Building materials
- Wood Frame
- Roof type
- Shingle
- Architectural style
- Victorian
Listing Agency:
MadisonEstates Sothebys Realty
(718) 645-1665
Listed By:
Douglas Daniels
(718) 645-1665
Added: Mar 9
Changed: Jul 11
Last Checked: Jul 24 at 2:06AM
MLS# 499473
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 3-family triplex at 346 Linden Boulevard includes residential units within an R7-1 zoned development site. The property is listed at 3,025 square feet and sits on a 36 x 116 lot (approximately 0.0959 acres). Additional on-site amenities include a heated pool and solar panels.
The zoning is R7-1 and allows for a maximum residential FAR of 3.44, providing approximately 12,528 buildable square feet, with a maximum buildable potential up to 14,365 square feet. The public remarks also describe the area as surrounded by large new developments, with the property positioned near public transportation, hospitals, shopping, and other neighborhood amenities.
The zoning is R7-1 and allows for a maximum residential FAR of 3.44, providing approximately 12,528 buildable square feet, with a maximum buildable potential up to 14,365 square feet. The public remarks also describe the area as surrounded by large new developments, with the property positioned near public transportation, hospitals, shopping, and other neighborhood amenities.
Key Highlights
- 3‑family property in East Flatbush on a 36' x 116' lot (approx. 4,176 SF)
- Zoned R7‑1 with max residential FAR of 3.44 for approx. 12,528 buildable SF (up to 14,365 SF max potential)
- Heated pool with BADU JET for exercising, plus solar panels
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 | $154.3k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $151.3k | $50.03 |
| − OpEx | −$45.4k | −$15.01 |
| NOI | $105.9k | $35.02 |
3,025 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.51M
$1.32M – $1.77M
NOI $105,941 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$1.32M
$1.15M – $1.54M
NOI $92,350 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$2.50M
$2.19M – $2.92M
NOI $175,329 @ 7.0% cap · market cap 5.84%
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 - Residential triplex on a 36 x 116 lot, zoned R7-1, with heated pool and solar panels.
Where is this triplex located?
The property is located at 346 Linden Boulevard Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 3‑family property in East Flatbush on a 36' x 116' lot (approx. 4,176 SF); Zoned R7‑1 with max residential FAR of 3.44 for approx. 12,528 buildable SF (up to 14,365 SF max potential); Heated pool with BADU JET for exercising, plus solar panels
