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Barrel-Front Multifamily Townhouse
For Sale
$1,200,000

147 Schenectady Avenue, Brooklyn, NY 11213

Historic Brooklyn townhouse with flexible interior space, decorative fireplaces, and a full basement.

Property Size2,964 SF
Price / SF$404.86
Days on Market138

Property Features for 147 Schenectady Avenue

General Information

Standard status Active
Size 2,964 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $3,984

Amenities

decorative fireplaces
full basement

Building Details

Building Size 2,964 SF
Year Built 1899
Listing Agency: Compass
Listed By: Kashif Kashi Khan
Source: Howardhannanyc
Added: May 26 Changed: Sep 30 Last Checked: Oct 10 at 12:36AM

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 Compass

Investment Insights

Based on property information with market context.

This multifamily townhouse at 147 Schenectady Avenue in Brooklyn provides 2964 square feet across a seven-room layout. The home includes five bedrooms, three ceramic bathrooms, decorative fireplaces, and a full basement that adds substantial supporting space. Its barrel-front design and classic exterior detailing reflect the character of the 1899-built property.

The residence combines a historic architectural profile with a broad interior configuration suitable for multifamily ownership. The basement offers room for storage or additional household functions, while the seven-room arrangement provides flexibility throughout the home. The property is positioned in Brooklyn near dining, shopping, and entertainment options.

Key Highlights

  • 2964 square feet of interior space
  • Five bedrooms and three ceramic bathrooms
  • Seven‑room multifamily townhouse layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,488
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,809,760 $1.8M
Cap Rate 7%
$1,292,686 $1.3M
Cap Rate 9%
$1,005,422 $1.0M
Market Conditions
NOI Build-Up for 2,964 SF
Gross rent
$167.9K $56.64/SF
− Vacancy
−$3.4K −$1.13/SF
EGI
$164.5K $55.51/SF
− OpEx
−$74.0K −$24.98/SF
NOI
$90.5K $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 Rate 5%
$1,809,760
Cap Rate 7%
$1,292,686
Cap Rate 9%
$1,005,422

Alternative Uses

Best Use
Apartment 5plus
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,488 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.45M
$2.15M – $2.86M (±1% cap)
NOI $171,793 @ 7.0% cap · market cap 14.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,886
Businesses Nearby

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Historic Brooklyn townhouse with flexible interior space, decorative fireplaces, and a full basement.
Where is this multifamily property located?
The property is located at 147 Schenectady Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2964 square feet of interior space; Five bedrooms and three ceramic bathrooms; Seven‑room multifamily townhouse layout
More about this property
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