Residential Income Property with Roof
160 Imlay Street 6E2, Brooklyn, NY 11231
For Sale
New
$2,500,000
The corner residence includes private rooftop space and a dedicated indoor parking space.
Property Size3,831 SF
Price / SF$652.57
Days on Market6
Property Features for 160 Imlay Street 6E2
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
24-hour attended lobby
concierge services
on-site superintendent
porter
automated package notifications
fitness center
private showers
saunas
top-floor resident lounges
shared rooftop outdoor space
Building Details
Building Size
Year Built
Construction
Listing Agency:
Compass
Listed By:
Orren M Azani · License NY 30AZ0949749
(917) 593-2999
Source:
Miradorrealestate
Added: Nov 10
Changed: Nov 14
Last Checked: Nov 14 at 11:24AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At The Red Hook Lofts, this corner penthouse offers 3,831 square feet of interior space and a 2,877-square-foot private roof terrace. The open loft has 15-foot concrete ceilings, exposed columns, industrial steel windows, a kitchen, and a bathroom. One indoor parking space is included. Views extend to New York Harbor, the Statue of Liberty, and Lower Manhattan. The building dates to 1910 and was converted from a New York Dock Company warehouse into a 70-residence condominium.
Building services and shared amenities include a 24-hour attended lobby, concierge, on-site superintendent, porter, fitness center with showers and saunas, resident lounges, and shared rooftop outdoor space. The property is on Imlay Street in Red Hook, where Van Brunt Street offers restaurants, independent shops, art galleries, and cultural destinations.
Building services and shared amenities include a 24-hour attended lobby, concierge, on-site superintendent, porter, fitness center with showers and saunas, resident lounges, and shared rooftop outdoor space. The property is on Imlay Street in Red Hook, where Van Brunt Street offers restaurants, independent shops, art galleries, and cultural destinations.
Key Highlights
- 3,831 square feet of interior space and a 2,877‑square‑foot private roof terrace
- 15‑foot concrete ceilings, exposed columns, and industrial steel windows
- Dedicated indoor parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,956
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,339,120
$2.3M
Cap Rate 7%
$1,670,800
$1.7M
Cap Rate 9%
$1,299,511
$1.3M
Market Conditions
NOI Build-Up for 3,831 SF
Gross rent
$217.0K $56.64/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$212.6K $55.51/SF
− OpEx
−$95.7K −$24.98/SF
NOI
$117.0K $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%
$2,339,120
Cap Rate 7%
$1,670,800
Cap Rate 9%
$1,299,511
Alternative Uses
Best Use
Apartment 5plus
$1.67M
$1.46M – $1.95M
NOI $116,956 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.17M
$2.78M – $3.70M
NOI $222,045 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
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
$1,678,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Residential income properties in Brooklyn, NY
Properties on Market for Residential income properties in Brooklyn
Frequently Asked Questions
What type of property is this?
Residential income property - The corner residence includes private rooftop space and a dedicated indoor parking space.
Where is this residential income property located?
The property is located at 160 Imlay Street 6E2 Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,831 square feet of interior space and a 2,877‑square‑foot private roof terrace; 15‑foot concrete ceilings, exposed columns, and industrial steel windows; Dedicated indoor parking space
