Renovated Three-Family
1057 Jefferson Avenue, Brooklyn, NY 11221
For Sale
$2,350,000
Residential Income, Brooklyn, NY
Property Size3,000 SF
Lot Size0.05 Acres
Price / SF$783.33
Days on Market100
Property Features for 1057 Jefferson Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Amenities
washer and dryer in every apartment
high ceilings
original decorative fireplace
full basement
expansive private backyard
Building Details
Year built
Floors in Building
Flooring type
Buildings
Listing Agency:
EVERGREEN REALTY & INVESTMENTS
Listed By:
Emma Barattini
(646) 838-1378
Added: Jul 31
Changed: Oct 28
Last Checked: Nov 7 at 1:06PM
MLS# 11912861
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This renovated three-family property contains approximately 3,000 SF on a 20' x 100' lot. The layout includes three spacious 3-bedroom apartments, with a three-bathroom first-floor duplex and two additional apartments offering two bathrooms each. The duplex will be delivered vacant and includes exclusive backyard access. Additional features include high ceilings, hardwood flooring, a full basement, in-unit washer and dryer equipment, and an original decorative fireplace.
The property is located at 1057 Jefferson Avenue in Brooklyn’s Bushwick area, near the L train, shopping, dining, and neighborhood amenities. It carries R6 zoning and has approximately 1,400 SF of additional buildable area. The 0.0459-acre parcel is within a designated Opportunity Zone, and the building dates to 1915.
The property is located at 1057 Jefferson Avenue in Brooklyn’s Bushwick area, near the L train, shopping, dining, and neighborhood amenities. It carries R6 zoning and has approximately 1,400 SF of additional buildable area. The 0.0459-acre parcel is within a designated Opportunity Zone, and the building dates to 1915.
Key Highlights
- Three‑family building with three 3‑bedroom apartments
- Approximately 3,000 SF on a 20' x 100' lot
- First‑floor duplex delivered vacant with private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,065
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,101,300
$2.1M
Cap Rate 7%
$1,500,929
$1.5M
Cap Rate 9%
$1,167,389
$1.2M
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$153.0K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$150.1K $50.03/SF
− OpEx
−$45.0K −$15.01/SF
NOI
$105.1K $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%
$2,101,300
Cap Rate 7%
$1,500,929
Cap Rate 9%
$1,167,389
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,065 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.53M
NOI $91,587 @ 7.0% cap · market cap 3.90%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.90M
NOI $173,880 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,397
Businesses Nearby
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Business Placement
Demographics for 11221, NY
89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Brooklyn, NY
Properties on Market for Triplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-bedroom apartments, private outdoor space, and a vacant duplex support flexible multifamily use.
Where is this triplex located?
The property is located at 1057 Jefferson Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Three‑family building with three 3‑bedroom apartments; Approximately 3,000 SF on a 20' x 100' lot; First‑floor duplex delivered vacant with private backyard
