Three-Unit Triplex with
New
For Sale
$999,000
925 Dumont Ave, Brooklyn, NY 11207
Fully leased residential property with private vehicle storage and outdoor areas in Brooklyn.
Property Size2,970 SF
Days on Market3
Property Features for 925 Dumont Ave
General Information
Standard status
Active
Size
2,970 SF
Total Parking Spaces
2
Property subtype
Multi Family
Occupancy
100%
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 2 x 3BR/2BA
Multifamily Units
3
Additional Details
Cap Rate
6.76%
Taxes and HOA fees
Annual Taxes
$8,302
Amenities
front yard
Building Details
Building Size
2,970 SF
Year Built
2005
Buildings
1
Stories
3
Units
3
Listed By:
ELISA C SEEGER
(917) 750-9390
Source:
Elliman
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 11 at 8:09AM
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 ELISA C SEEGER
Investment Insights
Based on property information with market context.
This 2005-built triplex at 925 Dumont Avenue contains three full-floor residences with eight bedrooms and five full bathrooms. The first-floor home offers two bedrooms, a living and dining area, kitchen, full bath, mechanical room, and access to both front and rear outdoor areas. The upper residences each provide three bedrooms, two full bathrooms, a kitchen, and a combined living and dining room.
A rear area measuring approximately 21'2" × 22'8" accommodates private parking for two cars, while the front yard provides additional exterior space. All units are free market and fully occupied. The property has a 6.76% CAP rate, along with walkScore 87, transitScore 88, and bikeScore 56.
A rear area measuring approximately 21'2" × 22'8" accommodates private parking for two cars, while the front yard provides additional exterior space. All units are free market and fully occupied. The property has a 6.76% CAP rate, along with walkScore 87, transitScore 88, and bikeScore 56.
Key Highlights
- Three residential units with eight bedrooms and five full bathrooms
- All units are free market and fully occupied
- Private parking for two cars in a rear area approximately 21'2" × 22'8"
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
$90,671
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
9.08%
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%
$1,813,420
$1.8M
Cap Rate 7%
$1,295,300
$1.3M
Cap Rate 9%
$1,007,456
$1.0M
Market Conditions
NOI Build-Up for 2,970 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
$168.2K $56.64/SF
− Vacancy
−$3.4K −$1.13/SF
EGI
$164.9K $55.51/SF
− OpEx
−$74.2K −$24.98/SF
NOI
$90.7K $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 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%
$1,813,420
Cap Rate 7%
$1,295,300
Cap Rate 9%
$1,007,456
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.73M
NOI $104,014 @ 7.0% cap · market cap 10.41%
Second Best
Apartment 5plus
$1.30M
$1.13M – $1.51M
NOI $90,671 @ 7.0% cap · market cap 9.08%
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M
NOI $172,141 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,919
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
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 - Fully leased residential property with private vehicle storage and outdoor areas in Brooklyn.
Where is this triplex located?
The property is located at 925 Dumont Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three residential units with eight bedrooms and five full bathrooms; All units are free market and fully occupied; Private parking for two cars in a rear area approximately 21'2" × 22'8"
