Brick Triplex with Finished
For Sale
$1,100,000
1235 E 72nd Street, Brooklyn, NY 11234
Residential, Duplex, Brooklyn, NY
Property Size3,191 SF
Lot Size0.05 Acres
Price / SF$344.72
Days on Market70
Property Features for 1235 E 72nd Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 1
Parking features
Garage - Attached
Patio and Porch features
Patio
Interior features
A/C Unit - Wall, Garage Door Opener(s), Patio Garden, Refrigerator, Stove
Subdivision
Georgetown
Standard status
Active
Size
3,191 SF
Lot size
0.05 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Annual Amount
9180
Amenities
garage
private driveway
backyard
finished basement
Building Details
Year built
1970
Floors in Building
3
Number of units
3
Flooring type
Carpet, Parquet Wood
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Listing Agency:
Talk of the Town Realty Corp.
Listed By:
Eduard Atashkaryan
(718) 251-7400
Added: Aug 18
Changed: Oct 26
Last Checked: Oct 26 at 2:06PM
MLS# 503898
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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 brick triplex contains 3,191 square feet and was built in 1970. The property includes five bedrooms, three bathrooms, and a finished basement. An attached garage and private driveway provide on-site parking, while the backyard and patio add outdoor space. Interior features include wall-unit air conditioning, a refrigerator, and a stove; flooring includes carpet and parquet wood. A separate meter is also noted.
The 0.0482-acre property is zoned R5 and is located in Brooklyn, New York. The available property details identify the building materials, room count, parking, and outdoor features without specifying individual unit layouts.
The 0.0482-acre property is zoned R5 and is located in Brooklyn, New York. The available property details identify the building materials, room count, parking, and outdoor features without specifying individual unit layouts.
Key Highlights
- Brick triplex with 3,191 square feet
- Five bedrooms and three bathrooms
- Finished basement; separate meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,418
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,948,360
$1.9M
Cap Rate 7%
$1,391,686
$1.4M
Cap Rate 9%
$1,082,422
$1.1M
Market Conditions
NOI Build-Up for 3,191 SF
Gross rent
$180.7K $56.64/SF
− Vacancy
−$3.6K −$1.13/SF
EGI
$177.1K $55.51/SF
− OpEx
−$79.7K −$24.98/SF
NOI
$97.4K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,948,360
Cap Rate 7%
$1,391,686
Cap Rate 9%
$1,082,422
Alternative Uses
Best Use
Multifamily LT 5
$1.60M
$1.40M – $1.86M
NOI $111,754 @ 7.0% cap · market cap 10.16%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.62M
NOI $97,418 @ 7.0% cap · market cap 8.86%
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.08M
NOI $184,950 @ 7.0% cap · market cap 16.81%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,369
Businesses Nearby
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Business Placement
Demographics for 11234, NY
92,133
Population
35,167
Households
2.6
Avg Household Size
41
Median Age
39%
College-Educated
89%
High-School Grad
7.4 sq mi
ZIP Area
12,450
Density / Sq Mi
$94,434
Median Household Income
$55,206
Median Earnings
$1,771
Median Rent
$746,800
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 - An attached garage, private driveway, and backyard complement the finished basement and separate meter.
Where is this triplex located?
The property is located at 1235 E 72nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Brick triplex with 3,191 square feet; Five bedrooms and three bathrooms; Finished basement; separate meter
