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Three-Unit Brick Income Property

15 Brighton 4th Terrace Brooklyn, NY 11235

15 Brighton 4th Terrace, Brooklyn, NY, 11235
$999,995
For Sale
$999,995

MULTI_FAMILY - Brooklyn, NY

Property Size1,872 SF
Lot Size0.05 Acres
Price / SF$534.19
Days on Market159

Property Features for 15 Brighton 4th Terrace

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 2, Basement, Bedroom 5
Parking features
Driveway
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Finished
Standard status
Active
APN
07262-0044
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8006

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public

Building Details

Year built
1930
Number of units
3
Flooring type
Wood
Building materials
Brick
Listing Agency Real Broker NY LLC
228-15 Merrick Blvd, New York, NY
Listed by Camilo Henriquez
Added: Feb 7 Checked: Jul 16 at 11:06 pm
MLS# 960527 Listing URL

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Built in 1930, this brick and masonry three-family home is configured with three units over two stories. The property is presented as a residential income asset with total living space of 1,872 sq. ft. on a 2,125 sq. ft. lot.

Located in Brighton Beach, Brooklyn, the home offers convenient access to transit, shopping, dining, and boardwalk amenities. The listing notes proximity to the B and Q subway lines and local schools.

The property is described as zoned R6 with a commercial overlay. Buyers are encouraged to verify all details with the agent and local records.

Key Highlights

  • Built in 1930 with brick/masonry construction
  • Three‑family home with three units over two stories
  • Total living space of 1,872 SF on a 2,125 SF lot

Local 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 $95.5k $51.00
− Vacancy −$1.8k −$0.97
EGI $93.7k $50.03
− OpEx −$28.1k −$15.01
NOI $65.6k $35.02
1,872 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$936.6K
$819.5K – $1.09M (±1% cap)
NOI $65,561 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K (±1% cap)
NOI $57,150 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,501 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Catering Service Nursing Home Hotel & Motel Nursing Home HVAC Service (Bike/Boat/Book/etc) Store Locksmith Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Built in 1930, this three-unit structure is laid out over two stories with masonry construction.
Where is this triplex located?
The property is located at 15 Brighton 4th Terrace Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: Built in 1930 with brick/masonry construction; Three‑family home with three units over two stories; Total living space of 1,872 SF on a 2,125 SF lot
Contact an agent
More about this property
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