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Three-Family Home with Private Parking
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109 Pulaski Street, Brooklyn, NY 11206

Three-unit residence delivered vacant, with updated kitchens, separate utilities, and rear private parking for daily convenience.

Property Size3,811 SF
Price / SF$734.72
Days on Market131

Property Features for 109 Pulaski Street

General Information

Standard status Active
Size 3,811 SF
Property subtype Multifamily
Zoning R6B
Investment Type Value Add

Additional Details

Multifamily Units 3

Building Details

Year Built 2005
Year Renovated 2018
Units 1
Tenancy Multi
Listing Agency: Compass New York
Listed By: Jonathan Cabrera · License #10401294594
Source: Crexi
Added: May 29 Changed: Sep 21 Last Checked: Oct 5 at 3:26PM

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 Compass New York

Investment Insights

Based on property information with market context.

109 Pulaski Street is a three-family home with approximately 2,800 square feet of living space, offered completely vacant and ready for new ownership. The garden unit features a 2-bed, 1-bath layout with a sloped, fully accessible entrance leading to a private, granite-paved front patio. The parlor triplex offers 3 beds and 2 baths across multiple levels, connecting down through the basement to a fully enclosed backyard area finished with granite hardscaping. A top-floor studio adds a flexible, self-contained living option.

The property is set on a tree-lined street in Brooklyn’s Bedford-Stuyvesant area, with convenient access to local dining, boutique shopping, and transit connections for getting around the city. There is a highly coveted private parking space at the rear of the property.

Each unit includes an updated modern kitchen and is separately metered with gas and electric services, supporting straightforward management for owners and future tenants. With the home delivered vacant, buyers have the opportunity to occupy as a primary residence with additional rental income potential, or to reposition the building for an income-focused ownership strategy—depending on how they plan to use the three distinct spaces.

Key Highlights

  • Three‑unit home built in 2005 with approximately 2,800 SF of living space
  • Delivered completely vacant and ready for an owner‑occupant or investment buyer
  • Updated modern kitchens in every unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$133,468
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,669,360 $2.7M
Cap Rate 7%
$1,906,686 $1.9M
Cap Rate 9%
$1,482,978 $1.5M
Market Conditions
NOI Build-Up for 3,811 SF
Gross rent
$194.4K $51.00/SF
− Vacancy
−$3.7K −$0.97/SF
EGI
$190.7K $50.03/SF
− OpEx
−$57.2K −$15.01/SF
NOI
$133.5K $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%
$2,669,360
Cap Rate 7%
$1,906,686
Cap Rate 9%
$1,482,978

Alternative Uses

Best Use
Multifamily LT 5
$1.91M
$1.67M – $2.22M (±1% cap)
NOI $133,468 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,346 @ 7.0% cap · market cap 4.16%
Theoretical Best
Specialty Retail
$3.16M
$2.76M – $3.68M (±1% cap)
NOI $220,886 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Acupuncture Nursing Home HVAC Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,663
Businesses Nearby

Demographics for 11206, NY

91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residence delivered vacant, with updated kitchens, separate utilities, and rear private parking for daily convenience.
Where is this triplex located?
The property is located at 109 Pulaski Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Three‑unit home built in 2005 with approximately 2,800 SF of living space; Delivered completely vacant and ready for an owner‑occupant or investment buyer; Updated modern kitchens in every unit
(347) 623-4661 Call to check price and availability
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