Three-Family Townhome
165 17th Street Brooklyn, NY 11215
165 17th Street, Brooklyn, NY, 11215
$1,800,000
For Sale
$1,800,000
1905-built three-family residence offers 2-story living space across three units for sale.
Property Size1,952 SF
Price / SF$922.13
Days on Market12
Property Features for 165 17th Street
General Information
- Standard status
- Active
- Size
- 1,952 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1905
Listing agency
Motivated Access Realty Corp.
(646) 359-9753
Listed by
Janet Trujillo · License #10311208838
(646) 359-9753
Source
Compass
Added: Jul 11 Updated: Jul 21 at 2:58PM Checked: Jul 21 at 2:58PM
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 Motivated Access Realty Corp.
Investment Insights
Based on property information with market context.
Built in 1905, this classic three-family residence features two-story living space configured across three separate units. The property offers approximately 1,952 square feet of living area total, providing an established multi-unit layout suitable for both owner-occupants and rental use.
Located at 165 17th Street in Brooklyn, the home is positioned in Greenwood Heights. The asset is for sale.
As a three-family income property, the building’s core value is its existing unit configuration within a historic two-story structure.
Located at 165 17th Street in Brooklyn, the home is positioned in Greenwood Heights. The asset is for sale.
As a three-family income property, the building’s core value is its existing unit configuration within a historic two-story structure.
Key Highlights
- 1905‑built brick three‑family residence with 2‑story living layout
- Approximately 1,952 sq ft of living space across three units
- Offers a first‑floor bedroom (also referenced as 1st fl master bedroom)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.6k | $51.00 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $97.7k | $50.03 |
| − OpEx | −$29.3k | −$15.01 |
| NOI | $68.4k | $35.02 |
1,952 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$976.6K
$854.5K – $1.14M
NOI $68,362 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$851.3K
$744.9K – $993.2K
NOI $59,593 @ 7.0% cap · market cap 3.31%
Theoretical Best
Specialty Retail
$1.62M
$1.41M – $1.89M
NOI $113,138 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - 1905-built three-family residence offers 2-story living space across three units for sale.
Where is this triplex located?
The property is located at 165 17th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 1905‑built brick three‑family residence with 2‑story living layout; Approximately 1,952 sq ft of living space across three units; Offers a first‑floor bedroom (also referenced as 1st fl master bedroom)
