Three-Unit Brick Multifamily
For Sale
$999,995
15 Brighton 4th Terrace, Brooklyn, NY 11235
Residential Income, Brooklyn, NY
Property Size1,872 SF
Lot Size0.05 Acres
Price / SF$534.19
Days on Market257
Property Features for 15 Brighton 4th Terrace
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Parking features
Driveway
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Finished
Elementary school
Ps 121 Nelson A Rockefeller
Middle school
Edward R Murrow High School
High school
Edward R Murrow High School
Elementary school district
Brooklyn 21
Middle school district
Brooklyn 21
High school district
Brooklyn 21
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
(866) 988-5017
Listed By:
Camilo Henriquez
(929) 398-0106
Added: Feb 7
Changed: Oct 21
Last Checked: Oct 22 at 7:06PM
MLS# 960527
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.
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Investment Insights
Based on property information with market context.
This three-unit multifamily property occupies a two-story brick and masonry structure built in 1930. The building contains 1,872 square feet of total living space on a 2,125-square-foot lot, with wood flooring, hot-water heating, a first-floor bedroom, and a first-floor full bath. A driveway provides on-site parking, while public water and public sewer serve the property.
Located at 15 Brighton 4th Terrace in Brooklyn’s Brighton Beach area, the property is near the B and Q subway lines, local schools, shopping, dining, and the boardwalk. The property carries R6 zoning with a commercial overlay.
Located at 15 Brighton 4th Terrace in Brooklyn’s Brighton Beach area, the property is near the B and Q subway lines, local schools, shopping, dining, and the boardwalk. The property carries R6 zoning with a commercial overlay.
Key Highlights
- Three units arranged across two stories
- 1,872 square feet of total living space
- 2,125‑square‑foot lot; 0.0488 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,561
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,311,220
$1.3M
Cap Rate 7%
$936,586
$936.6K
Cap Rate 9%
$728,456
$728.5K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$95.5K $51.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$93.7K $50.03/SF
− OpEx
−$28.1K −$15.01/SF
NOI
$65.6K $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%
$1,311,220
Cap Rate 7%
$936,586
Cap Rate 9%
$728,456
Alternative Uses
Best Use
Multifamily LT 5
$936.6K
$819.5K – $1.09M
NOI $65,561 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K
NOI $57,150 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,501 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,495
Businesses Nearby
Explore this area
Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Two-story Brighton Beach property with R6 zoning and a commercial overlay.
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: Three units arranged across two stories; 1,872 square feet of total living space; 2,125‑square‑foot lot; 0.0488 acres
