Detached Brick
For Sale
$1,945,000
11 Mackay Pl, Brooklyn, NY 11209
Three residences share a private driveway and garage, with laundry equipment in every unit.
Property Size3,255 SF
Price / SF$597.54
Days on Market77
Property Features for 11 Mackay Pl
General Information
Standard status
Active
Size
3,255 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR, 1 x 1BR
Multifamily Units
3
Additional Details
Public Transit
Yes
Amenities
washer and dryer
skylights
backyard
Building Details
Year Built
1925
Buildings
1
Stories
3
Construction
solid-brick
Listing Agency:
REMAX REAL ESTATE PROFESSIONALS
Listed By:
Vito Angelo · License #VITLO524
(718) 887-5708
Source:
Crystinandcorealty
Added: Aug 11
Changed: Oct 26
Last Checked: Oct 26 at 3:51AM
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 REMAX REAL ESTATE PROFESSIONALS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This detached, solid-brick legal three-family property contains 3,255 square feet. Its three apartments are arranged as two three-bedroom units and one one-bedroom unit, each with a washer and dryer. A private driveway and one-car garage serve the building. Interior details include recessed lighting, skylights, ample storage, and southern exposure; the upper floors also have harbor views. A private backyard provides outdoor space.
The property is in Bay Ridge, near the Shore Road promenade, a dog park, waterfront greenspace, parks, schools, restaurants, and supermarkets. Express bus service, the R train, and the NYC Ferry are also nearby. The building was constructed in 1925.
The property is in Bay Ridge, near the Shore Road promenade, a dog park, waterfront greenspace, parks, schools, restaurants, and supermarkets. Express bus service, the R train, and the NYC Ferry are also nearby. The building was constructed in 1925.
Key Highlights
- Detached legal three‑family brick building with 3,255 square feet
- Three‑bedroom, three‑bedroom, and one‑bedroom apartment layout
- Washer and dryer in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,996
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,279,920
$2.3M
Cap Rate 7%
$1,628,514
$1.6M
Cap Rate 9%
$1,266,622
$1.3M
Market Conditions
NOI Build-Up for 3,255 SF
Gross rent
$166.0K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$162.9K $50.03/SF
− OpEx
−$48.9K −$15.01/SF
NOI
$114.0K $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%
$2,279,920
Cap Rate 7%
$1,628,514
Cap Rate 9%
$1,266,622
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.42M – $1.90M
NOI $113,996 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$1.42M
$1.24M – $1.66M
NOI $99,372 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.14M
NOI $188,660 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
Explore this area
Business Placement
Demographics for 11209, NY
73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
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
Frequently Asked Questions
What type of property is this?
Triplex - Three residences share a private driveway and garage, with laundry equipment in every unit.
Where is this triplex located?
The property is located at 11 Mackay Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,945,000.
What are key features of this property?
This property features: Detached legal three‑family brick building with 3,255 square feet; Three‑bedroom, three‑bedroom, and one‑bedroom apartment layout; Washer and dryer in each unit
