Triplex with Private
New
For Sale
$1,799,000
1523 E 19th Street, Brooklyn, NY 11230
Residential, Brooklyn, NY
Property Size3,280 SF
Lot Size0.06 Acres
Price / SF$548.48
Days on Market2
Property Features for 1523 E 19th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R7A
Bedrooms
7
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 1, Bathroom 5, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 2
Interior features
A/C Unit - Window, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Terrace, Washer
Subdivision
Midwood
Standard status
Active
Size
3,280 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
15464
Amenities
private parking garage
private balcony
large backyard
new appliances
Building Details
Year built
1975
Floors in Building
3
Number of units
3
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Rubber
Listing Agency:
Century 21 MK Realty
Listed By:
Nouri Chalouh
(718) 627-7390
Added: Oct 5
Last Checked: Oct 6 at 6:06AM
MLS# 505077
Copyright © 2026 Brooklyn New York Multiple Listing Service. 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.
This 3,280-square-foot brick triplex contains two three-bedroom residences and one one-bedroom residence. The property is vacant and includes a private garage, backyard, and balcony. Interior features include hardwood and tile flooring, window air-conditioning, a dishwasher, washer, dryer, microwave, refrigerator, and stove. Built in 1975, the property is zoned R7A.
Located at 1523 E 19th Street in Brooklyn, the property occupies a 0.0577-acre lot. Its three-residence configuration and on-site garage are established features of the property.
Located at 1523 E 19th Street in Brooklyn, the property occupies a 0.0577-acre lot. Its three-residence configuration and on-site garage are established features of the property.
Key Highlights
- Three residences: two 3‑bedroom units and one 1‑bedroom unit
- 3,280 square feet on a 0.0577‑acre lot
- Private garage, backyard, and balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,871
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,297,420
$2.3M
Cap Rate 7%
$1,641,014
$1.6M
Cap Rate 9%
$1,276,344
$1.3M
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$167.3K $51.00/SF
− Vacancy
−$3.2K −$0.97/SF
EGI
$164.1K $50.03/SF
− OpEx
−$49.2K −$15.01/SF
NOI
$114.9K $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%
$2,297,420
Cap Rate 7%
$1,641,014
Cap Rate 9%
$1,276,344
Alternative Uses
Best Use
Multifamily LT 5
$1.64M
$1.44M – $1.91M
NOI $114,871 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M
NOI $100,135 @ 7.0% cap · market cap 5.57%
Theoretical Best
Specialty Retail
$2.72M
$2.38M – $3.17M
NOI $190,109 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,516
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Delivered vacant, the property has two three-bedroom residences and one one-bedroom residence.
Where is this triplex located?
The property is located at 1523 E 19th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Three residences: two 3‑bedroom units and one 1‑bedroom unit; 3,280 square feet on a 0.0577‑acre lot; Private garage, backyard, and balcony
