Legal Three-Family Brick
1253 Blake Avenue Brooklyn, NY 11208
For Sale
$1,199,000
MULTI_FAMILY - Other - Brooklyn, NY
Property Size2,450 SF
Lot Size0.05 Acres
Price / SF$489.39
Days on Market50
Property Features for 1253 Blake Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Basement, Bedroom 4
Parking features
On Street
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Walk-Out Access, Finished, Full
Standard status
Active
APN
04266-0052
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3839
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1920
Number of units
3
Flooring type
Laminate, Combination, Hardwood
Building materials
Brick
Architectural style
Other
Listing Agency:
Integrity Core Realty
(516) 200-1202
Listed By:
Christine Collura
(516) 551-2140
Added: Jun 8
Changed: Jul 17
Last Checked: Jul 27 at 5:06PM
MLS# 1009753
Copyright © 2026 OneKey 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.
This legal three-family brick income property offers approximately 2,450 square feet of living space. The layout includes one spacious three-bedroom unit with an office on the first floor, along with two additional apartments on the second level. A full finished basement provides extra usable space, with access to the rear yard for convenient daily use. The building is being offered as-is and would benefit from updates and improvements.
Located at 1253 Blake Avenue in the Cypress Hills section of Brooklyn, the property is positioned near transportation, shopping, and everyday amenities as described in the listing remarks. The combination of three separate apartments and basement space supports a variety of ownership strategies, including an owner-occupant option.
With two units currently vacant, the property can offer immediate flexibility for an incoming owner looking to move in, reposition units, or stabilize occupancy. The rear-yard access from the finished basement adds practicality for tenants, while the overall three-unit structure supports ongoing rental operations. Buyers seeking a multi-family brick building with multiple living areas and room to improve may find it a workable fit for their plans.
Located at 1253 Blake Avenue in the Cypress Hills section of Brooklyn, the property is positioned near transportation, shopping, and everyday amenities as described in the listing remarks. The combination of three separate apartments and basement space supports a variety of ownership strategies, including an owner-occupant option.
With two units currently vacant, the property can offer immediate flexibility for an incoming owner looking to move in, reposition units, or stabilize occupancy. The rear-yard access from the finished basement adds practicality for tenants, while the overall three-unit structure supports ongoing rental operations. Buyers seeking a multi-family brick building with multiple living areas and room to improve may find it a workable fit for their plans.
Key Highlights
- Legal three‑family brick building with approximately 2,450 SF of living space
- First floor layout includes a three‑bedroom unit with an office, plus a first‑floor full bath and bedroom on the first floor
- Two additional apartments on the second level for a total of three units
Financial Insights For Multifamily LT 5
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 | $94.1k | $38.40 |
| − Vacancy | −$4.2k | −$1.73 |
| EGI | $89.8k | $36.67 |
| − OpEx | −$27.0k | −$11.00 |
| NOI | $62.9k | $25.67 |
2,450 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$898.5K
$786.2K – $1.05M
NOI $62,892 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$800.0K
$700.0K – $933.3K
NOI $56,000 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,937 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-family brick building with a finished basement, rear-yard access, and two vacant units in Cypress Hills.
Where is this triplex located?
The property is located at 1253 Blake Avenue 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: Legal three‑family brick building with approximately 2,450 SF of living space; First floor layout includes a three‑bedroom unit with an office, plus a first‑floor full bath and bedroom on the first floor; Two additional apartments on the second level for a total of three units
