Waterfront Loft Residential
For Sale
$2,345,000
160 Imlay Street 4E2, Brooklyn, NY 11231
Expansive loft residence with private balconies, en suite bedrooms, gated parking, and access to full-service building amenities.
Property Size2,500 SF
Price / SF$938
Days on Market52
Property Features for 160 Imlay Street 4E2
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Apartment
Occupancy
100%
Units
Unit Mix
1 x 3BR/3.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$39,468
Amenities
24-hour doorman
building super
fitness center
landscaped roof deck
private balconies
laundry room
Building Details
Building Size
2,500 SF
Year Built
1910
Construction
reinforced steel and concrete
Listing Agency:
Compass
Listed By:
Christina H Prostano
(646) 373-3279
Source:
Miradorrealestate
Added: Sep 5
Changed: Oct 26
Last Checked: Oct 24 at 11:20PM
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
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Investment Insights
Based on property information with market context.
This residential income property is a 2,500 SF loft within a 1910 waterfront building converted to full-service residential condominiums. The 3BR/3.5 BA layout includes three bedrooms with en suite full bathrooms, generous closets, two private balconies, floor-to-ceiling windows, 12+ foot concrete ceilings, and wide hallways with additional storage or office flexibility. Interior finishes include a Bulthaup kitchen with Miele appliances, a waterfall island, Italian stone bathrooms, Antonio Lupi sinks and vanities, white oak flooring, and oversized custom passage doors.
The building provides a 24-hour doorman, building super, fitness center, landscaped roof deck, laundry access within the residence, and private storage available for purchase. The property can be purchased with a separately deeded gated parking space equipped with an EV charger. Nearby amenities include Pioneer Works, Red Hook Pickleball Club, Van Brunt shops and restaurants, the B61 bus, and ferry service offering a 13-min ride to Wall Street. A tenant is in place until August 2026.
The building provides a 24-hour doorman, building super, fitness center, landscaped roof deck, laundry access within the residence, and private storage available for purchase. The property can be purchased with a separately deeded gated parking space equipped with an EV charger. Nearby amenities include Pioneer Works, Red Hook Pickleball Club, Van Brunt shops and restaurants, the B61 bus, and ferry service offering a 13-min ride to Wall Street. A tenant is in place until August 2026.
Key Highlights
- 2,500 SF loft with 3BR/3.5 BA configuration
- 1910 waterfront building with 12+ foot concrete ceilings
- Two private balconies and floor‑to‑ceiling windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,322
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,526,440
$1.5M
Cap Rate 7%
$1,090,314
$1.1M
Cap Rate 9%
$848,022
$848.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$141.6K $56.64/SF
− Vacancy
−$2.8K −$1.13/SF
EGI
$138.8K $55.51/SF
− OpEx
−$62.4K −$24.98/SF
NOI
$76.3K $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%
$1,526,440
Cap Rate 7%
$1,090,314
Cap Rate 9%
$848,022
Alternative Uses
Best Use
Apartment 5plus
$1.09M
$954.0K – $1.27M
NOI $76,322 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.07M
$1.81M – $2.42M
NOI $144,900 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,891
Businesses Nearby
Explore this area
Business Placement
Demographics for 11231, NY
37,240
Population
18,265
Households
2
Avg Household Size
37
Median Age
69%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
26,600
Density / Sq Mi
$138,485
Median Household Income
$85,791
Median Earnings
$2,474
Median Rent
$1,678,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Expansive loft residence with private balconies, en suite bedrooms, gated parking, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 160 Imlay Street 4E2 Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,345,000.
What are key features of this property?
This property features: 2,500 SF loft with 3BR/3.5 BA configuration; 1910 waterfront building with 12+ foot concrete ceilings; Two private balconies and floor‑to‑ceiling windows
