For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Spacious Brick Triplex with Garage Title is generated by Realmo AI

    165 28th Ave, Brooklyn, NY 11214

    View on Map
    Claim this Listing
    For Sale
    $1,269,000

    Large, detached, three-family brick home in desirable Bath Beach.

    Type:Multi Family
    Property size:
    3,120 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $406/SF
    Added:
    Mar 10, 2026
    Days on Market:
    120
    Last Refresh:
    Jul 2 at 8:15 pm

    Property Features for 165 28th Ave

    General Information

    Standard status
    Active
    Size
    3,120 SF
    Lot size
    0.06 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1935

    We can help!

    Contact an agent
    Billy Apter
    Billy Apter

    Listing office RE/MAX Real Estate Professiona

    Listing date Mar 10, 2026

    Source Elliman

    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 RE/MAX Real Estate Professiona

    HighLights

    • Large, fully detached, legal 3‑family brick home (3120 sqft) on a 25x100 lot.
    • Detached 2‑car parking garage.
    • Located in the desirable Bath Beach neighborhood, convenient to transportation and shopping.
    • Configured as a 3‑bedroom unit over a 2‑bedroom and 1‑bedroom unit.
    • Full finished basement with separate entrance included in legal living square footage.
    • Suitable for investors or owner‑occupants seeking rental income.

    Overview

    This is a fully detached, extra-large, legal three-family home, constructed entirely of brick and spanning three stories. The building, with a total area of 3120 square feet, is situated on a 25x100 lot and includes a detached two-car parking garage. It is located in the desirable Bath Beach neighborhood, offering convenient access to transportation and shopping. The current configuration includes a three-bedroom unit on the second floor, with two-bedroom and one-bedroom units on the first floor. A full finished basement with a separate entrance is included as part of the legal living square footage. This property is suitable for investors or end-users looking to live in one unit and collect rental income from the others. It represents an opportunity to own real estate in a sought-after Brooklyn neighborhood.

    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 $127.3k $40.80
    − Vacancy −$5.7k −$1.84
    EGI $121.6k $38.96
    − OpEx −$36.5k −$11.69
    NOI $85.1k $27.27
    3,120 SF · lease $40.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.22M
    $1.06M – $1.42M (±1% cap)
    NOI $85,097 @ 7.0% cap · market cap 6.71%
    Second Best
    Apartment 5plus
    $1.09M
    $953.3K – $1.27M (±1% cap)
    NOI $76,267 @ 7.0% cap · market cap 6.01%
    Theoretical Best
    Office A
    $1.82M
    $1.59M – $2.12M (±1% cap)
    NOI $127,404 @ 7.0% cap · market cap 10.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Real Estate Agency Acupuncture Hotel & Motel (Bike/Boat/Book/etc) Store Accounting Firm Skin Care Clinic Nursing Home Kitchen & Bath Showroom Cosmetic Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9873
    Latitude
    40.5871

    FAQs

    What type of property is this?
    Triplex - Large, detached, three-family brick home in desirable Bath Beach.
    Where is this triplex located?
    The property is located at 165 28th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,269,000.
    What are key features of this property?
    This property features: Large, fully detached, legal 3‑family brick home (3120 sqft) on a 25x100 lot.; Detached 2‑car parking garage.; Located in the desirable Bath Beach neighborhood, convenient to transportation and shopping.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message