Brick Triplex With Private
For Sale
$1,199,000
1250 E 69th St, Brooklyn, NY 11234
Semi-detached configuration offers flexible living arrangements, finished lower-level space, and a substantial rear yard.
Property Size3,562 SF
Lot Size0.10 Acres
Days on Market72
Property Features for 1250 E 69th St
General Information
Standard status
Active
Size
3,562 SF
Total Parking Spaces
3
Lot size
0.10 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$12,287
Amenities
backyard oasis
finished basement
Building Details
Building Size
3,562 SF
Year Built
1965
Stories
3
Construction
all-brick
Listing Agency:
Bergen Basin Realty
Listed By:
Irene Sender
(718) 763-4110
Source:
Elliman
Added: Aug 12
Changed: Oct 18
Last Checked: Oct 20 at 10:08PM
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 Bergen Basin Realty
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Investment Insights
Based on property information with market context.
This all-brick, semi-detached triplex in Brooklyn’s Georgetown area occupies an oversized 30-by-150-foot lot. The property combines a 6½-over-6½ configuration with a separate two-bedroom apartment, providing multiple residential layouts within one building. The primary apartments each include three bedrooms, a living room, formal dining room, and one-and-a-half baths.
A fully finished basement adds recreational or supplementary space, while the backyard provides outdoor area for residents. Private parking accommodates up to three cars. The property is positioned at 1250 E 69th St, Brooklyn, NY 11234, with a Walk Score of 84, Transit Score of 80, and Bike Score of 66.
A fully finished basement adds recreational or supplementary space, while the backyard provides outdoor area for residents. Private parking accommodates up to three cars. The property is positioned at 1250 E 69th St, Brooklyn, NY 11234, with a Walk Score of 84, Transit Score of 80, and Bike Score of 66.
Key Highlights
- All‑brick, semi‑detached triplex on a 30x150 lot
- 6½ over 6½ layout plus separate 2‑bedroom apartment
- Each primary apartment has 3 bedrooms, formal dining room, and 1½ baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,744
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,174,880
$2.2M
Cap Rate 7%
$1,553,486
$1.6M
Cap Rate 9%
$1,208,267
$1.2M
Market Conditions
NOI Build-Up for 3,562 SF
Gross rent
$201.8K $56.64/SF
− Vacancy
−$4.0K −$1.13/SF
EGI
$197.7K $55.51/SF
− OpEx
−$89.0K −$24.98/SF
NOI
$108.7K $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%
$2,174,880
Cap Rate 7%
$1,553,486
Cap Rate 9%
$1,208,267
Alternative Uses
Best Use
Multifamily LT 5
$1.78M
$1.56M – $2.08M
NOI $124,747 @ 7.0% cap · market cap 10.40%
Second Best
Apartment 5plus
$1.55M
$1.36M – $1.81M
NOI $108,744 @ 7.0% cap · market cap 9.07%
Theoretical Best
Specialty Retail
$2.95M
$2.58M – $3.44M
NOI $206,454 @ 7.0% cap · market cap 17.22%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,510
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 - Semi-detached configuration offers flexible living arrangements, finished lower-level space, and a substantial rear yard.
Where is this triplex located?
The property is located at 1250 E 69th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: All‑brick, semi‑detached triplex on a 30x150 lot; 6½ over 6½ layout plus separate 2‑bedroom apartment; Each primary apartment has 3 bedrooms, formal dining room, and 1½ baths
