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Brooklyn Oversized Three-Family Brick Home

6915 14th Avenue Brooklyn, NY 11228

Claim this Listing
For Sale
$1,699,000

MULTI_FAMILY - Brooklyn, NY

Property size:
3,160 SF
Lot size:
0.04 Acres
Price / SF:
$537/SF
Added:
Mar 28, 2025
Days on Market:
472
Last Refresh:
Jul 12 at 3:06 am

Property Features for 6915 14th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
5
Bathrooms
5
Rooms
Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 5
Interior features
A/C Unit - Window, Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
3,160 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
10006

Building Details

Year built
1920
Floors in Building
2
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Flat

Listing agent Jason Zhou License #10301217017

Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY

Listing date Mar 28, 2025

MLS# 490400 Listing URL

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 oversized three-family brick home is located in Dyker Heights, Brooklyn. The building, formerly a four-family residence, features three gas and four electric meters. The property is in well-maintained condition and includes a large two-bedroom apartment and a one-bedroom apartment on the top floor. The first floor contains two one-bedroom apartments that can be converted into more bedrooms. A finished basement with a separate front entrance is also included. Numerous upgrades have been made throughout the building. The building size is 20x79 feet, situated on a 20x90 foot lot. The annual property tax is $10,006.

Key Highlights

  • Oversized 3‑family brick home in Dyker Heights.
  • Potential to convert back to a 4‑family configuration.
  • Finished basement with separate front entrance.

Local Financial Insights For Apartment 5plus

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 $179.0k $56.64
− Vacancy −$3.6k −$1.13
EGI $175.4k $55.51
− OpEx −$78.9k −$24.98
NOI $96.5k $30.53
3,160 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,472 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.62M
$2.29M – $3.05M (±1% cap)
NOI $183,154 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Gym & Fitness Center Nursing Home Skin Care Clinic Nursing Home Bed & Breakfast

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

FAQs

What type of property is this?
Apartment building - Well-maintained, multi-family home in Dyker Heights, Brooklyn.
Where is this apartment building located?
The property is located at 6915 14th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Oversized 3‑family brick home in Dyker Heights.; Potential to convert back to a 4‑family configuration.; Finished basement with separate front entrance.
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More about this property
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