Historic Triplex
New
For Sale
$2,750,000
101 Decatur Street Entire Building, Brooklyn, NY 11216
Preserved period finishes, updated baths, and a garden level offer character across a flexible multi-level layout.
Property Size3,600 SF
Price / SF$763.89
Days on Market7
Property Features for 101 Decatur Street Entire Building
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$6,180
Building Details
Building Size
3,600 SF
Year Built
1899
Buildings
1
Construction
brownstone
Listing Agency:
Sothebys International Realty
Listed By:
Jamyl Harrison
(803) 378-2544
Source:
Howardhannanyc
Added: Oct 15
Changed: Oct 21
Last Checked: Oct 21 at 3:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sothebys International Realty
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Investment Insights
Based on property information with market context.
This 3,600-square-foot brownstone, built in 1899, is arranged across multiple levels. Preserved mantels, moldings, millwork, and original proportions are paired with updated bathrooms and oversized windows. The parlor level provides a central living and entertaining area, while upper floors contain bedrooms. A garden level adds flexible space and connects to a rear outdoor area.
The property is on Decatur Street in Brooklyn’s Bedford-Stuyvesant neighborhood, near neighborhood cafes, restaurants, and cultural landmarks. Its historic architectural details and varied interior spaces define the building’s character and configuration.
The property is on Decatur Street in Brooklyn’s Bedford-Stuyvesant neighborhood, near neighborhood cafes, restaurants, and cultural landmarks. Its historic architectural details and varied interior spaces define the building’s character and configuration.
Key Highlights
- 3,600 square feet across multiple levels
- Built in 1899
- Preserved mantels, moldings, and millwork
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,078
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,521,560
$2.5M
Cap Rate 7%
$1,801,114
$1.8M
Cap Rate 9%
$1,400,867
$1.4M
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$183.6K $51.00/SF
− Vacancy
−$3.5K −$0.97/SF
EGI
$180.1K $50.03/SF
− OpEx
−$54.0K −$15.01/SF
NOI
$126.1K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,521,560
Cap Rate 7%
$1,801,114
Cap Rate 9%
$1,400,867
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,078 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 4.00%
Theoretical Best
Specialty Retail
$2.98M
$2.61M – $3.48M
NOI $208,656 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,100
Businesses Nearby
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Business Placement
Demographics for 11216, NY
61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Preserved period finishes, updated baths, and a garden level offer character across a flexible multi-level layout.
Where is this triplex located?
The property is located at 101 Decatur Street Entire Building Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 3,600 square feet across multiple levels; Built in 1899; Preserved mantels, moldings, and millwork
