Three-Family Triplex with Finished
For Sale
$1,600,000
1339 64th St, Brooklyn, NY 11219
Three-family configuration includes a renovated finished basement and newly installed heating system.
Property Size1,940 SF
Lot Size0.04 Acres
Days on Market50
Property Features for 1339 64th St
General Information
Standard status
Active
Size
1,940 SF
Lot size
0.04 Acres
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR, 2 x 1BR
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,716
Building Details
Building Size
1,940 SF
Year Built
1910
Buildings
1
Stories
2
Listing Agency:
Momentum Real Estate LLC
Listed By:
Priscilla Tran
(718) 382-0001
Source:
Elliman
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 26 at 5:06PM
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 Momentum Real Estate LLC
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Investment Insights
Based on property information with market context.
This 1910-built triplex is arranged as a three-family residence with a 20' x 52' house on a 20' x 95' lot. The first floor contains a three-bedroom unit with ceilings exceeding 9 feet, while the second floor is divided into two one-bedroom units. A finished basement adds renovated interior space, and the property has a brand-new heating system.
The property is located at 1339 64th St in Brooklyn, NY 11219. Reported mobility scores include a 95 Walk Score, an 82 Transit Score, and a 56 Bike Score, reflecting access to walking, public transportation, and bike travel. Schools, parks, shopping, dining, and public transportation are identified in the surrounding area.
The property is located at 1339 64th St in Brooklyn, NY 11219. Reported mobility scores include a 95 Walk Score, an 82 Transit Score, and a 56 Bike Score, reflecting access to walking, public transportation, and bike travel. Schools, parks, shopping, dining, and public transportation are identified in the surrounding area.
Key Highlights
- Three‑family triplex built in 1910
- 20' x 52' house on a 20' x 95' lot
- First‑floor 3‑bedroom unit with ceilings over 9 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,026
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,520
$1.1M
Cap Rate 7%
$800,371
$800.4K
Cap Rate 9%
$622,511
$622.5K
Market Conditions
NOI Build-Up for 1,940 SF
Gross rent
$83.8K $43.20/SF
− Vacancy
−$3.8K −$1.94/SF
EGI
$80.0K $41.26/SF
− OpEx
−$24.0K −$12.38/SF
NOI
$56.0K $28.88/SF
Area
ZIP 11219
Vacancy
4.50%
Lease Rate
$43.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,520
Cap Rate 7%
$800,371
Cap Rate 9%
$622,511
Alternative Uses
Best Use
Multifamily LT 5
$800.4K
$700.3K – $933.8K
NOI $56,026 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$718.5K
$628.7K – $838.2K
NOI $50,292 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,036 @ 7.0% cap · market cap 5.50%
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
4,652
Businesses Nearby
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Business Placement
Demographics for 11219, NY
103,447
Population
27,973
Households
3.7
Avg Household Size
27
Median Age
21%
College-Educated
70%
High-School Grad
1.5 sq mi
ZIP Area
68,965
Density / Sq Mi
$55,685
Median Household Income
$30,647
Median Earnings
$1,678
Median Rent
$1,086,000
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-family configuration includes a renovated finished basement and newly installed heating system.
Where is this triplex located?
The property is located at 1339 64th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Three‑family triplex built in 1910; 20' x 52' house on a 20' x 95' lot; First‑floor 3‑bedroom unit with ceilings over 9 feet
