Three-Family Townhouse with Outdoor
For Sale
$3,799,999
41 CLAVER Pl, Brooklyn, NY 11238
Three-family townhouse offering private outdoor space, in-unit washer and dryer, and unit configurations with balconies.
Property Size5,400 SF
Days on Market40
Property Features for 41 CLAVER Pl
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$14,292
Building Details
Building Size
5,400 SF
Year Built
2005
Tenancy
Multi
Listing Agency:
Serhant
(717) 314-2170
Listed By:
Talia McKinney
(717) 314-2170
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Aug 23 at 7:30AM
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 Serhant
Investment Insights
Based on property information with market context.
41 Claver Place is a three-family townhouse with spacious, flexible layouts and private outdoor space. The garden duplex includes a private backyard and a recreation room. A second residence offers a three-bedroom, two-bath layout with a private balcony. The third residence is an expansive duplex with an open-concept layout featuring three bedrooms, two bathrooms, and a private balcony, plus an upper-level primary bedroom suite with a loft space and a spacious walk-in closet. All units include in-unit washer and dryer. The garden duplex is described as spanning approximately 1,800 square feet.
Located at the crossroads of Bedford-Stuyvesant, Clinton Hill, and Crown Heights, the property is near local dining and cultural destinations including Bar Luntico, Speedy Romeo, Dough Donuts, the Brooklyn Museum, and Prospect Park. Transportation is noted as convenient with proximity to the A, C, G, and S subway lines, along with B25, B26, and B48 bus routes.
Located at the crossroads of Bedford-Stuyvesant, Clinton Hill, and Crown Heights, the property is near local dining and cultural destinations including Bar Luntico, Speedy Romeo, Dough Donuts, the Brooklyn Museum, and Prospect Park. Transportation is noted as convenient with proximity to the A, C, G, and S subway lines, along with B25, B26, and B48 bus routes.
Key Highlights
- Three‑family townhouse built in 2005 with multiple unit configurations and private outdoor space
- Garden duplex of approx. 1,800 SF includes a private backyard plus a recreation room
- In‑unit washer and dryer in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$189,117
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,782,340
$3.8M
Cap Rate 7%
$2,701,671
$2.7M
Cap Rate 9%
$2,101,300
$2.1M
Market Conditions
NOI Build-Up for 5,400 SF
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.
Gross rent
$275.4K $51.00/SF
− Vacancy
−$5.2K −$0.97/SF
EGI
$270.2K $50.03/SF
− OpEx
−$81.1K −$15.01/SF
NOI
$189.1K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,782,340
Cap Rate 7%
$2,701,671
Cap Rate 9%
$2,101,300
Alternative Uses
Best Use
Multifamily LT 5
$2.70M
$2.36M – $3.15M
NOI $189,117 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$2.36M
$2.06M – $2.75M
NOI $164,856 @ 7.0% cap · market cap 4.34%
Theoretical Best
Specialty Retail
$4.47M
$3.91M – $5.22M
NOI $312,984 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,088
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family townhouse offering private outdoor space, in-unit washer and dryer, and unit configurations with balconies.
Where is this triplex located?
The property is located at 41 CLAVER Pl Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,799,999.
What are key features of this property?
This property features: Three‑family townhouse built in 2005 with multiple unit configurations and private outdoor space; Garden duplex of approx. 1,800 SF includes a private backyard plus a recreation room; In‑unit washer and dryer in each unit
