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    716 New Lots Ave Brooklyn, NY 11207

    Picture of Triplexes at New Lots Ave 716, Brooklyn, NY
    For Sale
    $1,280,000

    Triplex - Brooklyn, NY

    Type:Triplex
    Property size:
    3,120 SF
    Lot size:
    0.04 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 716 New Lots Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    6
    APN
    04311-0105
    Parking features
    Garage
    Interior features
    First Floor Bedroom
    Basement Y/N
    1
    Size
    3,120 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    2004
    Number of units
    3
    Building materials
    Brick, Frame
    Architectural style
    Other

    Landmark International Real Estate LLC (718) 898-8300 [email protected]

    Listing agent Binya Lin (718) 898-8300 License #10401202659

    Listing date Aug 27, 2025

    MLS# 906088 Listing URL

    Copyright © 2025 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.

    Overview

    Brooklyn Triplex Near Transportation

    This is a 3-family attached brick building located in East New York, Brooklyn. The property is situated close to the 2, 3, 4, and 5 subway lines. The building has a total size of 3120 square feet and sits on a lot of 0.0413 acres. The upper units feature 3 bedrooms and 2 bathrooms each, while the walk-in unit includes 2 bedrooms and 1.5 bathrooms. Additional features include a one-car attached garage and a full finished basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.88378
    Latitude
    40.665646

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    FAQs

    What type of property is this?
    Triplex - East New York triplex with garage and finished basement.
    Where is this triplex located?
    The property is located at 716 New Lots Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,280,000.
    What are key features of this property?
    This property features: - Multi-family (3 units) property ideal for investment or owner occupancy.; - Convenient access to 2, 3, 4, and 5 subway lines.; - Upper units feature **3 bedrooms and 2 bathrooms**.
    (718) 898-8300
    Request Owner's contact information
    716 New Lots Ave Brooklyn, NY 11207
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    Brooklyn, NY 11207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    716 New Lots Ave Brooklyn, NY 11207
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