Detached Three-Family Residence with
171 Girard Street Brooklyn, NY 11235
New
For Sale
$3,499,000
MULTI_FAMILY - Brooklyn, NY
Property Size4,112 SF
Lot Size0.18 Acres
Price / SF$850.92
Days on Market3
Property Features for 171 Girard Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R3-1
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bathroom 5, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 7, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 6
- Parking features
- Garage - Detached
- Patio and Porch features
- Porch, Deck
- Interior features
- A/C Unit - Wall, Deck, Dishwasher, Dryer, Fireplace, Laundry Area, Microwave, Pool, Porch, Refrigerator, Stove, Washer
- Fireplace
- 1
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 4,112 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 24118
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency:
Bright Horizons Realty
(718) 615-1441
Listed By:
Katherine A. Pontone
(718) 615-1441
Added: Jul 23
Last Checked: Jul 25 at 7:06PM
MLS# 503158
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.
Detached legal three-family residence with a detached garage and large private driveway, set on an approximately 80' x 100' lot. The home offers approximately 4,112 square feet of living space with 7 bedrooms, 4 full bathrooms, and one three-quarter bath. Interior features include spacious rooms, abundant closet space, hardwood floors, eat-in kitchens, a finished basement, and wood-burning fireplaces. The property is heated by gas and includes an updated 220-amp electrical service, with outdoor terraces included.
Located at 171 Girard Street in Brooklyn (11235), the property is listed under zoning R3-1. The home is described as being just minutes from the beach in the Manhattan Beach waterfront area.
Vacant at the time of listing, the residence presents options to renovate the existing structure, preserve it as an income-producing legal three-family, or reimagine the layout on the oversized parcel.
Located at 171 Girard Street in Brooklyn (11235), the property is listed under zoning R3-1. The home is described as being just minutes from the beach in the Manhattan Beach waterfront area.
Vacant at the time of listing, the residence presents options to renovate the existing structure, preserve it as an income-producing legal three-family, or reimagine the layout on the oversized parcel.
Key Highlights
- Detached legal three‑family home on an 80' x 100' oversized lot
- Approximately 4,112 SF of living space with 7 bedrooms and 4 full bathrooms plus one 3/4 bath
- Hardwood flooring, eat‑in kitchens, and wood‑burning fireplaces with gas heat
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 | $209.7k | $51.00 |
| − Vacancy | −$4.0k | −$0.97 |
| EGI | $205.7k | $50.03 |
| − OpEx | −$61.7k | −$15.01 |
| NOI | $144.0k | $35.02 |
4,112 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.06M
$1.80M – $2.40M
NOI $144,009 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$1.79M
$1.57M – $2.09M
NOI $125,535 @ 7.0% cap · market cap 3.59%
Theoretical Best
Specialty Retail
$3.40M
$2.98M – $3.97M
NOI $238,332 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Detached legal three-family on an oversized lot with a detached garage and private driveway.
Where is this triplex located?
The property is located at 171 Girard Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Detached legal three‑family home on an 80' x 100' oversized lot; Approximately 4,112 SF of living space with 7 bedrooms and 4 full bathrooms plus one 3/4 bath; Hardwood flooring, eat‑in kitchens, and wood‑burning fireplaces with gas heat
