Brick Triplex with Heated
For Sale
$1,550,000
127 E 52nd St, Brooklyn, NY 11203
Residential Income, Brooklyn, NY
Property Size2,480 SF
Lot Size0.05 Acres
Price / SF$625
Days on Market59
Property Features for 127 E 52nd St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 5, Bedroom 8, Bathroom 1, Bedroom 1
Patio and Porch features
Patio
High school district
000000
Standard status
Active
APN
04622-0057
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7821
Utilities
Heating system
Natural Gas
Amenities
Heated Garage
Stainless Steel Appliances
Heated Kitchen & Bathroom Floors
Automatic Solar Skylight
Washer/Dryer Hookup
Soundproofed Garden Apartment
Building Details
Year built
1930
Floors in Building
2
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Rubber
Architectural style
Other
Listing Agency:
WAITE & ASSOCIATES REALTY INC
Listed By:
Kevin Waite
Added: Aug 25
Changed: Oct 1
Last Checked: Oct 22 at 7:06AM
MLS# 11950701
Copyright © 2026 My State 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 brick triplex contains approximately 2,480 square feet across three residential apartments: a 4-bedroom third-floor unit, a 3-bedroom second-floor unit, and a 1-bedroom garden apartment. The property includes 8 bedrooms and 3 bathrooms, with hardwood and tile flooring, natural-gas heating, and a patio. Interior improvements include stainless steel appliances, heated kitchen and bathroom floors, a soundproofed garden apartment, an automatic remote-controlled solar skylight, and a new hot water heater. Washer and dryer hookups are located in the garage, and a new HVAC system is planned for installation by the seller.
Parking includes a heated two-car garage and one additional parking space. The updated facade is complemented by a rubber roof and brick construction. Located near neighborhood shopping, transportation, schools, and major Brooklyn thoroughfares, the property is approximately 12 minutes by car from Barclays Center and the Atlantic Avenue transportation hub.
Parking includes a heated two-car garage and one additional parking space. The updated facade is complemented by a rubber roof and brick construction. Located near neighborhood shopping, transportation, schools, and major Brooklyn thoroughfares, the property is approximately 12 minutes by car from Barclays Center and the Atlantic Avenue transportation hub.
Key Highlights
- Legal 3‑Family with 4BR + 3BR + 1BR configuration
- Approx. 2,480 SF with 8 Bedrooms and 3 Bathrooms
- Heated 2‑Car Garage plus an Additional Parking Space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,854
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,737,080
$1.7M
Cap Rate 7%
$1,240,771
$1.2M
Cap Rate 9%
$965,044
$965.0K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$126.5K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$124.1K $50.03/SF
− OpEx
−$37.2K −$15.01/SF
NOI
$86.9K $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 Rate 5%
$1,737,080
Cap Rate 7%
$1,240,771
Cap Rate 9%
$965,044
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,854 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$1.08M
$946.4K – $1.26M
NOI $75,712 @ 7.0% cap · market cap 4.88%
Theoretical Best
Specialty Retail
$2.05M
$1.80M – $2.40M
NOI $143,741 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,091
Businesses Nearby
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Business Placement
Demographics for 11203, NY
81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
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 - Three separately configured apartments with upgraded interiors, private parking, and a heated garage.
Where is this triplex located?
The property is located at 127 E 52nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Legal 3‑Family with 4BR + 3BR + 1BR configuration; Approx. 2,480 SF with 8 Bedrooms and 3 Bathrooms; Heated 2‑Car Garage plus an Additional Parking Space
