Legal Three-Family Brick
360 S 3rd Street Brooklyn, NY 11211
360 S 3rd Street, Brooklyn, NY, 11211
$3,580,000
For Sale
$3,580,000
MULTI_FAMILY - Brooklyn, NY
Property Size4,960 SF
Lot Size0.04 Acres
Price / SF$721.77
Days on Market115
Property Features for 360 S 3rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 7
- Bathrooms
- 8
- Rooms
- Bathroom 7, Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 8, Bathroom 3
- Parking
- 3
- Parking features
- Alley, Driveway, Oversize, Carport
- Spa
- 1
- Interior features
- Kitchen Island, Natural Woodwork, Open Floorplan, Open Kitchen
- Basement
- Finished, Full
- Standard status
- Active
- APN
- 02437-0020
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8932
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2000
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
Listing agency
Trademarko Realty Inc
(718) 502-5141
Listed by
Peter Nowik · License #10401329596
(347) 927-6829
Added: Mar 30 Updated: Jul 17 at 9:20PM Checked: Jul 22 at 10:06AM
MLS# 978567
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.
This legal three-family brick townhouse was built in 2000 and renovated and expanded in 2011, totaling approximately 4,960 square feet. The property includes a two-bedroom, two-bath apartment on the first floor with a large living room and open kitchen. The second floor also features a two-bedroom, two-bath layout with a large living room, an open kitchen, and a private balcony. The third and fourth floors form a duplex with three bedrooms and four bathrooms, offering expansive living space and a private balcony. There is a shared rooftop accessible via a common hallway, and the home also has a fully finished basement suitable for storage or an additional accessory use.
360 S 3rd Street is in Brooklyn’s Williamsburg area, described as being about three blocks from the Hewes Street M & J trains and three blocks from the Williamsburg Bridge. The listing also states it is about seven blocks from the Lorimer Street L train.
Designed for owner-occupancy and rental flexibility, the configuration supports separate living arrangements across three units, each with meaningful interior space and outdoor access. The gated private driveway provides off-street parking for up to three vehicles, an important differentiator for residents and tenants. With the documented renovation and upward extension, this is a modernized multifamily opportunity with multiple outdoor areas for everyday use and entertaining.
360 S 3rd Street is in Brooklyn’s Williamsburg area, described as being about three blocks from the Hewes Street M & J trains and three blocks from the Williamsburg Bridge. The listing also states it is about seven blocks from the Lorimer Street L train.
Designed for owner-occupancy and rental flexibility, the configuration supports separate living arrangements across three units, each with meaningful interior space and outdoor access. The gated private driveway provides off-street parking for up to three vehicles, an important differentiator for residents and tenants. With the documented renovation and upward extension, this is a modernized multifamily opportunity with multiple outdoor areas for everyday use and entertaining.
Key Highlights
- Legal three‑family brick townhouse built in 2000 with approx. 4,960 SF across 3 levels plus a fully finished basement
- Renovated and expanded in 2011 with an upward extension adding approx. 1,200 SF for added flexible space
- Unit mix: two‑bed/two‑bath apartments on floors 1 and 2, plus a 3‑bed/4‑bath duplex on floors 3–4 with private balcony
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 | $253.0k | $51.00 |
| − Vacancy | −$4.8k | −$0.97 |
| EGI | $248.2k | $50.03 |
| − OpEx | −$74.4k | −$15.01 |
| NOI | $173.7k | $35.02 |
4,960 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.48M
$2.17M – $2.90M
NOI $173,708 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$2.16M
$1.89M – $2.52M
NOI $151,424 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$4.11M
$3.59M – $4.79M
NOI $287,482 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Taniatorreshypnosis.com
Alternative Medicine Practice
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FAQs
What type of property is this?
Triplex - Modern legal three-family townhouse with off-street parking, multiple balconies, and a finished basement in Brooklyn.
Where is this triplex located?
The property is located at 360 S 3rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,580,000.
What are key features of this property?
This property features: Legal three‑family brick townhouse built in 2000 with approx. 4,960 SF across 3 levels plus a fully finished basement; Renovated and expanded in 2011 with an upward extension adding approx. 1,200 SF for added flexible space; Unit mix: two‑bed/two‑bath apartments on floors 1 and 2, plus a 3‑bed/4‑bath duplex on floors 3–4 with private balcony
