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Triplex with Finished Basement

1440 E 91st Street #2, Brooklyn, NY 11236

For Sale
$950,000

The occupied residential property includes finished lower-level space, natural gas baseboard heat, and separate cooling systems.

Property Size1,472 SF
Lot Size0.04 Acres
Price / SF$645.38
Days on Market13

Property Features for 1440 E 91st Street #2

General Information

Standard status Active
Size 1,472 SF
Lot size 0.04 Acres
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes
Tenant in Place Yes

Building Details

Year Built 1920
Listing Agency: WW Realty Group Inc
Listed By: Eyal Sagi · License #10311209735
Source: Neilcharlesrealestate
Added: Oct 26 Changed: Nov 7 Last Checked: Nov 7 at 9:27AM

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 WW Realty Group Inc

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Investment Insights

Based on property information with market context.

This triplex offers 1,472 square feet of interior space on a 1,933-square-foot lot. The residence has seven bedrooms and three full bathrooms, along with a finished basement. Heating is provided by natural gas baseboards, and cooling systems are separate for each unit. The building dates to 1920 and is fully occupied.

The property is in Canarsie, Brooklyn, near schools, retail, restaurants, parks, public transportation, and major roadways. Showings are limited to the exterior.

Key Highlights

  • 1,472 square feet of interior space on a 1,933‑square‑foot lot
  • Seven bedrooms and three full bathrooms
  • Finished basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,552
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,040 $1.0M
Cap Rate 7%
$736,457 $736.5K
Cap Rate 9%
$572,800 $572.8K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$75.1K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$73.6K $50.03/SF
− OpEx
−$22.1K −$15.01/SF
NOI
$51.6K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,031,040
Cap Rate 7%
$736,457
Cap Rate 9%
$572,800

Alternative Uses

Best Use
Multifamily LT 5
$736.5K
$644.4K – $859.2K (±1% cap)
NOI $51,552 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$642.0K
$561.7K – $749.0K (±1% cap)
NOI $44,939 @ 7.0% cap · market cap 4.73%
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,317 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,699
Businesses Nearby

Demographics for 11236, NY

100,687
Population
37,002
Households
2.7
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
3.6 sq mi
ZIP Area
27,969
Density / Sq Mi
$82,813
Median Household Income
$50,244
Median Earnings
$1,637
Median Rent
$710,300
Median Home Value

Market

Average Price Trend$/SF for Triplexes in Brooklyn, NY

$733 Jul
$729 Aug
$757 Sep
$731 Oct

Properties on Market for Triplexes in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The occupied residential property includes finished lower-level space, natural gas baseboard heat, and separate cooling systems.
Where is this triplex located?
The property is located at 1440 E 91st Street #2 Brooklyn, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,472 square feet of interior space on a 1,933‑square‑foot lot; Seven bedrooms and three full bathrooms; Finished basement
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