3515 Newkirk Avenue Brooklyn, NY 11203
MULTI_FAMILY - Brooklyn, NY
- Added:
- Mar 23, 2026
- Days on Market:
- 110
- Last Refresh:
- Jul 10 at 7:06 pm
Property Features for 3515 Newkirk Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 7
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 6, Bathroom 5, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 4
- Parking features
- Garage
- Interior features
- Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 3,420 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9227
Building Details
- Year built
- 2006
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agent Douglas E. Beaton (718) 368-2500
Listing office BHHS Fillmore R.E. 4717 Avenue N, Brooklyn, NY (718) 377-6161
Listing date Mar 23, 2026
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.
Key Highlights
- Brick 3‑family home built in 2006, offering multiple living units across three floors
- Unit mix includes two 3BR/2BA units plus a 1BR/1BA apartment
- Finished basement with separate entrance for added flexibility
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 | $174.4k | $51.00 |
| − Vacancy | −$3.3k | −$0.97 |
| EGI | $171.1k | $50.03 |
| − OpEx | −$51.3k | −$15.01 |
| NOI | $119.8k | $35.02 |
