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Triplex with Private Garage
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
Added: Oct 5 Last Checked: Oct 6 at 1:06AM
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.

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 (±1% cap)
NOI $114,871 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,135 @ 7.0% cap · market cap 5.57%
Theoretical Best
Specialty Retail
$2.72M
$2.38M – $3.17M (±1% cap)
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

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Hotel & Motel Gym & Fitness Center Bar & Pub Grocery & Convenience Store

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,516
Businesses Nearby

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
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
Rey
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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
More about this property
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