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Residential Income Property with Private Cabana
For Sale
$595,000

17 Dodworth Street 3-C, Brooklyn, NY 11221

Newly built Bushwick residence with private outdoor space, designer finishes, and access to rooftop amenities.

Property Size574 SF
Price / SF$1,036
Days on Market133

Property Features for 17 Dodworth Street 3-C

General Information

Standard status Active
Size 574 SF
Property subtype Apartment

Taxes and HOA fees

Annual Taxes $3,936

Building Details

Building Size 574 SF
Year Built 2026
Listing Agency: REAVIS DEVELOPMENT MARKETING LLC
Listed By: Natanel Malkoukian
Source: Miradorrealestate
Added: May 29 Changed: Oct 6 Last Checked: Oct 7 at 4:56PM

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 REAVIS DEVELOPMENT MARKETING LLC

Investment Insights

Based on property information with market context.

This 574-square-foot residential income property is scheduled for completion in 2026 and features an open living, dining, and kitchen arrangement with floor-to-ceiling, double-paned windows. The residence includes engineered hardwood flooring, recessed lighting, multi-zone Mitsubishi split systems, a private cabana, and a kitchen outfitted with European cabinetry, Carrara marble, quartz surfaces, and Miele and Bertazzoni appliances. A bedroom with a reach-in closet, a bathroom with a walk-in shower and custom vanity, and an in-unit LG washer/dryer complete the layout.

Building amenities include a shared rooftop deck with stone pavers, private rooftop cabanas, available on-site parking, a video intercom system, private storage rooms, and a lobby. The property is on a tree-lined Bushwick street near restaurants, cafes, bars, Maria Hernandez Park, and the M, J, and Z subway lines.

Key Highlights

  • 574 SF residential property
  • 2026 construction year
  • Private cabana for outdoor use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,524
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,480 $350.5K
Cap Rate 7%
$250,343 $250.3K
Cap Rate 9%
$194,711 $194.7K
Market Conditions
NOI Build-Up for 574 SF
Gross rent
$32.5K $56.64/SF
− Vacancy
−$650 −$1.13/SF
EGI
$31.9K $55.51/SF
− OpEx
−$14.3K −$24.98/SF
NOI
$17.5K $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%
$350,480
Cap Rate 7%
$250,343
Cap Rate 9%
$194,711

Alternative Uses

Best Use
Apartment 5plus
$250.3K
$219.1K – $292.1K (±1% cap)
NOI $17,524 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$475.3K
$415.9K – $554.5K (±1% cap)
NOI $33,269 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,501
Businesses Nearby

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Newly built Bushwick residence with private outdoor space, designer finishes, and access to rooftop amenities.
Where is this residential income property located?
The property is located at 17 Dodworth Street 3-C Brooklyn, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 574 SF residential property; 2026 construction year; Private cabana for outdoor use
More about this property
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