Renovated Multi-Family with 8
1141 SAINT MARKS Brooklyn, NY 11213
1141 SAINT MARKS, Brooklyn, NY, 11213
$3,100,000
For Sale
$3,100,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,962 SF
Lot Size0.05 Acres
Price / SF$1,046
Days on Market52
Property Features for 1141 SAINT MARKS
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5, Laundry Room, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 3
- Standard status
- Active
- Size
- 2,962 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3548
Building Details
- Floors in Building
- 2
Listing agency
5 BORO REALTY CORP
(917) 705-0005
Listed by
Nina Sabag
855-305-DEAL
Added: Jun 1 Updated: Jul 11 at 11:33AM Checked: Jul 22 at 3:06AM
MLS# 11799368
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.
Investment Insights
Based on property information with market context.
1141 Saint Marks Avenue, Brooklyn is a meticulously renovated multi-family residence designed across multiple levels. The property includes eight bedrooms and three full bathrooms, with individual split-unit heating and cooling systems in every room.
The finished lower level offers a complete living space with three bedrooms, a full bathroom, a modern kitchen, dining area, and living room, along with direct access to the private backyard. The first floor features two bedrooms, a bright living room, formal dining area, a full bathroom, and direct backyard access. The second floor includes three additional bedrooms, a spacious living room, a separate dining area, and a full bathroom.
Outside, the property provides a private backyard. The home is positioned near public transportation, shopping, restaurants, schools, parks, and major thoroughfares.
The finished lower level offers a complete living space with three bedrooms, a full bathroom, a modern kitchen, dining area, and living room, along with direct access to the private backyard. The first floor features two bedrooms, a bright living room, formal dining area, a full bathroom, and direct backyard access. The second floor includes three additional bedrooms, a spacious living room, a separate dining area, and a full bathroom.
Outside, the property provides a private backyard. The home is positioned near public transportation, shopping, restaurants, schools, parks, and major thoroughfares.
Key Highlights
- Meticulously renovated Brooklyn home with 8 bedrooms and 3 full bathrooms across multiple levels
- Individual split‑unit heating and cooling systems in every room for year‑round climate control
- Finished lower level includes 3 bedrooms, 1 full bathroom, modern kitchen, dining area, living room, and direct backyard access
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $167.8k | $56.64 |
| − Vacancy | −$3.4k | −$1.13 |
| EGI | $164.4k | $55.51 |
| − OpEx | −$74.0k | −$24.98 |
| NOI | $90.4k | $30.53 |
2,962 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,427 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.45M
$2.15M – $2.86M
NOI $171,678 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - Renovated multi-family home with eight bedrooms, three full baths, and split-unit heating and cooling throughout.
Where is this residential income property located?
The property is located at 1141 SAINT MARKS Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Meticulously renovated Brooklyn home with 8 bedrooms and 3 full bathrooms across multiple levels; Individual split‑unit heating and cooling systems in every room for year‑round climate control; Finished lower level includes 3 bedrooms, 1 full bathroom, modern kitchen, dining area, living room, and direct backyard access
