Three-Unit Multifamily
1395 SUTTER AVE Brooklyn, NY 11208
For Sale
Contact for pricing
Three-unit multifamily property offered for sale as a residential income building.
Property Size2,940 SF
Price / SF$465.65
Days on Market21
Property Features for 1395 SUTTER AVE
General Information
Standard status
Active
Size
2,940 SF
Property subtype
Multifamily
Building Details
Year Built
2006
Listing Agency:
5 Boro Realty Corp
(855) 305-3325
Listed By:
Nina Sabag
Source:
Crexi
Added: Jul 8
Changed: Jul 23
Last Checked: Jul 27 at 7:56AM
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 5 Boro Realty Corp
Investment Insights
Based on property information with market context.
This for-sale multifamily property is configured as a three-unit building, providing a straightforward residential income setup. The offering is identified as a 3-unit multifamily property.
The property is located at 1395 Sutter Ave in Brooklyn, NY.
The published information confirms the unit count and multifamily residential income use; no additional building systems, layouts, or amenities are provided in the available details.
The property is located at 1395 Sutter Ave in Brooklyn, NY.
The published information confirms the unit count and multifamily residential income use; no additional building systems, layouts, or amenities are provided in the available details.
Key Highlights
- Three‑unit multifamily property
- Built in 2006
- Listed for sale as a residential income building (public remarks dated 05/11/2022)
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 | $112.9k | $38.40 |
| − Vacancy | −$5.1k | −$1.73 |
| EGI | $107.8k | $36.67 |
| − OpEx | −$32.3k | −$11.00 |
| NOI | $75.5k | $25.67 |
2,940 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$943.4K – $1.26M
NOI $75,471 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$960.0K
$840.0K – $1.12M
NOI $67,200 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M
NOI $125,924 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit multifamily property offered for sale as a residential income building.
Where is this triplex located?
The property is located at 1395 SUTTER AVE Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,369,000.
What are key features of this property?
This property features: Three‑unit multifamily property; Built in 2006; Listed for sale as a residential income building (public remarks dated 05/11/2022)
