For Sale
$3,499,000
Pending
127 North 4th Street, Brooklyn, NY 11249
Multifamily properties
Property Size3,450 SF
Days on Market900
Property Features for 127 North 4th Street
General Information
Standard status
Pending
Size
3,450 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$6,394
Amenities
Full, Unfinished
City, Mid-Rise, Near Public Transportation, Park, Park/Greenbelt, Public, Skyline
3450
18
No Common Walls
Square Feet
Near Public Transportation, City view, Park View, Skyline View
Yes
No
Frame
Private, Detached, 1 Car Detached, Garage, On Street, Park, Near Public Transportation, Near Public Transit
Building Details
Year Built
1910
Tenancy
Multi
Listing Agency:
Trademarko Realty Inc
Listed By:
Joanna Malgorzata Sliwa · License #10401367957
(718) 502-5141
Source:
Compass
Added: May 13, 2024
Changed: Oct 25
Last Checked: Oct 28 at 11:29AM
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 Trademarko Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Key Highlights
- Multifamily building in Williamsburg, Brooklyn, delivered vacant
- Total building size: 3,450 sq ft
- Flexible layout with potential for condominium or custom living townhome‑style space (subject to city approvals)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,325
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,106,500
$2.1M
Cap Rate 7%
$1,504,643
$1.5M
Cap Rate 9%
$1,170,278
$1.2M
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$195.4K $56.64/SF
− Vacancy
−$3.9K −$1.13/SF
EGI
$191.5K $55.51/SF
− OpEx
−$86.2K −$24.98/SF
NOI
$105.3K $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%
$2,106,500
Cap Rate 7%
$1,504,643
Cap Rate 9%
$1,170,278
Alternative Uses
Best Use
Apartment 5plus
$1.50M
$1.32M – $1.76M
NOI $105,325 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.86M
$2.50M – $3.33M
NOI $199,962 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,964
Businesses Nearby
Explore this area
Business Placement
Demographics for 11249, NY
42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
Where is this multifamily property located?
The property is located at 127 North 4th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Multifamily building in Williamsburg, Brooklyn, delivered vacant; Total building size: 3,450 sq ft; Flexible layout with potential for condominium or custom living townhome‑style space (subject to city approvals)
