New Construction 3-Family Brick
166 Stuyvesant Avenue Brooklyn, NY 11221
New
MULTI_FAMILY - Brooklyn, NY
Type:Single Family Residence
Property size:
4,130 SFLot size:
0.04 AcresPrice / SF:
$423/SF- Added:
- Jul 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 12:06 am
Property Features for 166 Stuyvesant Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R6A
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 5, Bathroom 5, Bedroom 3, Bathroom 6, Bathroom 3, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 4
- Interior features
- Refrigerator, Stove
- Basement
- Unfinished
- Standard status
- Active
- Size
- 4,130 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12000
Building Details
- Year built
- 2005
- Floors in Building
- 3
- Number of units
- 3
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Ranch
Listing agent Lee S Wasserman (718) 763-4110
Listing office Bergen Basin Realty LLC 3120 Quentin Rd, Brooklyn, NY (718) 787-4110
Listing date Jul 9, 2026
MLS# 502843
Listing URL
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 newly constructed brick 3-family property features three separate units. Two units are configured as 3-bedroom, 2-bath homes, and both are described as renovated with modern kitchens and European-style bathrooms. The third unit is a 2-bedroom, 2-bath layout with access to back-yard space, providing an additional outdoor component within the building’s overall setup.
Located in the Bedford Stuyvesant section of Brooklyn, the property is described as convenient to Pratt Institute, the Botanical Garden, museums, shopping, and cafés. Public remarks note nearby transit options, including the Kosciuszko St Station, Gates Avenue, and Utica Avenue station, with access to the J, M, Z, A, and C subway trains.
Designed for an owner-occupant or investor who wants a compact residential income asset, the building’s unit mix offers flexibility across 3-bedroom and 2-bedroom living needs, along with the noted renovation finishes and back-yard access for the smaller unit. Zoning is listed as R6A. Please call for a private showing to review the property in person.
Located in the Bedford Stuyvesant section of Brooklyn, the property is described as convenient to Pratt Institute, the Botanical Garden, museums, shopping, and cafés. Public remarks note nearby transit options, including the Kosciuszko St Station, Gates Avenue, and Utica Avenue station, with access to the J, M, Z, A, and C subway trains.
Designed for an owner-occupant or investor who wants a compact residential income asset, the building’s unit mix offers flexibility across 3-bedroom and 2-bedroom living needs, along with the noted renovation finishes and back-yard access for the smaller unit. Zoning is listed as R6A. Please call for a private showing to review the property in person.
Key Highlights
- Brick ranch 3‑family property built in 2005 with a flat roof
- Three separate units: (2) 3‑bedroom, 2‑bath units, plus a additional unit with 2 bedrooms
- Renovated units with modern kitchens and European bathrooms
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 | $210.6k | $51.00 |
| − Vacancy | −$4.0k | −$0.97 |
| EGI | $206.6k | $50.03 |
| − OpEx | −$62.0k | −$15.01 |
| NOI | $144.6k | $35.02 |
4,130 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.07M
$1.81M – $2.41M
NOI $144,640 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$1.80M
$1.58M – $2.10M
NOI $126,085 @ 7.0% cap · market cap 7.20%
Theoretical Best
Specialty Retail
$3.42M
$2.99M – $3.99M
NOI $239,375 @ 7.0% cap · market cap 13.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three renovated units in a new-build brick property, offering multiple bedroom and bathroom configurations for rental income.
Where is this triplex located?
The property is located at 166 Stuyvesant Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Brick ranch 3‑family property built in 2005 with a flat roof; Three separate units: (2) 3‑bedroom, 2‑bath units, plus a additional unit with 2 bedrooms; Renovated units with modern kitchens and European bathrooms
