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Midwood 6-Family Brick Residence

1425 E 5th St Brooklyn, NY 11230

1425 E 5th St, Brooklyn, NY, 11230
$1,999,000
For Sale
Claim this Listing
$1,999,000

Three-story, detached 6-family residence in Midwood community.

Property Size5,727 SF
Lot Size0.07 Acres
Price / SF$349.05
AddedApr 22
Days on Market85
Last RefreshJul 2 at 9:51 pm

Property Features for 1425 E 5th St

General Information

Standard status
Active
Size
5,727 SF
Lot size
0.07 Acres
Property subtype
Multi Family

Listing office New World Realty Group LLC

Listing date Apr 22, 2026

Source Elliman

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 New World Realty Group LLC


Investment Insights

Based on property information with market context.

Located in the Midwood community, 1425 East 5th Street is a three-story, detached 6-family brick residence. The property, maintained by the same family for decades, provides 5,727 square feet of living space on a 30x100 lot. The building itself measures 23x83. A landscaped front yard enhances the property's curb appeal. Each apartment features high ceilings, ample closet space, and sun-filled living areas. The units consist of one 3-bedroom unit, three 2-bedroom units, and two 1-bedroom units. The owner’s unit is a large 3-bedroom layout with an expansive living room, eat-in kitchen, in-unit washer and dryer, and split system for year-round comfort. Additional features include a full-length basement with two separate entrances, an updated roof, and upgraded hot water systems. The property is located near shopping, transportation, and schools. The location is considered very bikeable and very walkable, with excellent transit options.

Key Highlights

  • Prime Midwood location near shopping, transportation (Transit Score: 90), and schools.
  • Large, detached 6‑family brick residence with 5,727 sq ft of living space on a 30x100 lot.
  • Mix of apartment sizes suitable for end‑users or investors.

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 $324.4k $56.64
− Vacancy −$6.5k −$1.13
EGI $317.9k $55.51
− OpEx −$143.1k −$24.98
NOI $174.8k $30.53
5,727 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.50M
$2.19M – $2.91M (±1% cap)
NOI $174,839 @ 7.0% cap · market cap 8.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.74M
$4.15M – $5.53M (±1% cap)
NOI $331,937 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Hotel & Motel Bar & Pub Gym & Fitness Center Nursing Home Nursing Home Coworking & Hybrid Office Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Three-story, detached 6-family residence in Midwood community.
Where is this apartment building located?
The property is located at 1425 E 5th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Prime Midwood location near shopping, transportation (Transit Score: 90), and schools.; Large, detached 6‑family brick residence with 5,727 sq ft of living space on a 30x100 lot.; Mix of apartment sizes suitable for end‑users or investors.
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