Triplex with Private
New
For Sale
$1,799,000
124 32nd St, Brooklyn, NY 11232
Legal three-family triplex with a full basement and private backyard, built in 1926.
Days on Market4
Property Features for 124 32nd St
General Information
Standard status
Active
Property subtype
Investment
Amenities
balcony
full basement
private backyard
Building Details
Building Size
2,598 SF
Year Built
1926
Stories
3
Tenancy
Multi
Listing Agency:
eXp Realty
(888) 276-0630
Listed By:
Austin Werner
(888) 276-0630
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 12:22PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Legal three-family triplex in Greenwood Heights with a full basement and private backyard. The first floor features a two-bedroom, one-bath unit with bonus space. The second floor offers a large three-bedroom, two-bath unit with a balcony. The third floor includes a two-bedroom, one-bath unit. The building was constructed in 1926.
With BikeScore 79 (Very Bikeable), WalkScore 98 (Walker’s Paradise), and TransitScore 100 (Rider’s Paradise), the property is positioned for daily mobility and access to nearby amenities.
This configuration provides a straightforward three-unit layout with multiple bedroom and bathroom combinations across the floors, supporting both end-user and investor use.
With BikeScore 79 (Very Bikeable), WalkScore 98 (Walker’s Paradise), and TransitScore 100 (Rider’s Paradise), the property is positioned for daily mobility and access to nearby amenities.
This configuration provides a straightforward three-unit layout with multiple bedroom and bathroom combinations across the floors, supporting both end-user and investor use.
Key Highlights
- Legal three‑family triplex with full basement
- Private backyard
- First‑floor unit: two bedrooms, one bath, plus bonus space
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 | $132.5k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $130.0k | $50.03 |
| − OpEx | −$39.0k | −$15.01 |
| NOI | $91.0k | $35.02 |
2,598 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $90,986 @ 7.0% cap · market cap 5.06%
Second Best
Apartment 5plus
$1.13M
$991.4K – $1.32M
NOI $79,314 @ 7.0% cap · market cap 4.41%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M
NOI $150,580 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,841
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
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 - Legal three-family triplex with a full basement and private backyard, built in 1926.
Where is this triplex located?
The property is located at 124 32nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Legal three‑family triplex with full basement; Private backyard; First‑floor unit: two bedrooms, one bath, plus bonus space
