Brick Three-Family
For Sale
$1,199,000
Pending
1253 Blake Avenue, Brooklyn, NY 11208
Residential Income, Brooklyn, NY
Property Size2,450 SF
Lot Size0.05 Acres
Days on Market134
Property Features for 1253 Blake Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 6, Basement, Bedroom 2, Bedroom 3
Parking features
On Street
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Full, Walk-Out Access, Finished
Elementary school
Ps 159 Isaac Pitkin
Middle school
Jhs 218 James P Sinnott
High school
Academy For Young Writers
Elementary school district
Brooklyn 19
Middle school district
Brooklyn 19
High school district
Brooklyn 19
Standard status
Pending
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, Hardwood, Combination
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: Oct 13
Last Checked: Oct 19 at 7:06PM
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.
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Investment Insights
Based on property information with market context.
This legal three-family brick property in Brooklyn was built in 1920 and contains approximately 2,450 square feet of living area. The first floor has a three-bedroom apartment with an office, while the second floor contains two additional apartments. Two units are vacant. A full finished basement connects to the rear yard, and the property occupies a 0.0514-acre lot. The building would benefit from updates and improvements.
Public water and sewer serve the property. Parking is on street, and heating is fueled by natural gas.
Public water and sewer serve the property. Parking is on street, and heating is fueled by natural gas.
Key Highlights
- Legal three‑family brick property
- Approximately 2,450 square feet of living area on a 0.0514‑acre lot
- First‑floor three‑bedroom apartment includes an office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,892
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,257,840
$1.3M
Cap Rate 7%
$898,457
$898.5K
Cap Rate 9%
$698,800
$698.8K
Market Conditions
NOI Build-Up for 2,450 SF
Gross rent
$94.1K $38.40/SF
− Vacancy
−$4.2K −$1.73/SF
EGI
$89.8K $36.67/SF
− OpEx
−$27.0K −$11.00/SF
NOI
$62.9K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,257,840
Cap Rate 7%
$898,457
Cap Rate 9%
$698,800
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.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,279
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The configuration pairs a first-floor three-bedroom residence with two second-floor apartments and a finished basement.
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 property; Approximately 2,450 square feet of living area on a 0.0514‑acre lot; First‑floor three‑bedroom apartment includes an office
