Detached Legal Three-Family
171 Girard St 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 Market4
Property Features for 171 Girard St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 4, Laundry Room, Bathroom 4, Bathroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 6
- Parking features
- Driveway
- Patio and Porch features
- Deck, Porch
- Interior features
- Entrance Foyer, Master Downstairs
- Fencing
- Fenced
- Fireplace
- 1
- Standard status
- Active
- APN
- 26-000.000-8750-375.000
- Size
- 4,112 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 24118
Utilities
- Heating system
- Zoned, Natural Gas, Steam
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Flooring type
- Carpet, Hardwood
- Building materials
- Stucco
- Roof type
- Asphalt
Listing Agency:
BRIGHT HORIZONS REALTY INC
Listed By:
Katherine A. Pontone
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 26 at 2:06PM
MLS# 11899820
Copyright © 2026 My State MLS. 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.
Located at 171 Girard St in Brooklyn, this detached legal three-family residence sits on an oversized 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, along with spacious rooms, abundant closet space, hardwood floors, and eat-in kitchens. Additional improvements include outdoor terraces, a finished basement, and wood-burning fireplaces. Gas heat and an updated 220-amp electrical service provide support for day-to-day living.
The property is described as just one block from the beach and within walking distance of the sand, surf, and boardwalk. A detached garage and a large private driveway add off-street parking convenience.
With its detached layout and legal three-family configuration, the residence can be maintained as an income-producing property or renovated while preserving the existing multi-family structure.
The property is described as just one block from the beach and within walking distance of the sand, surf, and boardwalk. A detached garage and a large private driveway add off-street parking convenience.
With its detached layout and legal three-family configuration, the residence can be maintained as an income-producing property or renovated while preserving the existing multi-family structure.
Key Highlights
- Legal detached three‑family home on an oversized 80' x 100' lot in Manhattan Beach
- Approximately 4,112 SF with 7 bedrooms and 4 full bathrooms plus one three‑quarter bath
- Hardwood floors, eat‑in kitchens, and wood‑burning fireplaces
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 80-by-100 lot with terraces, finished basement, gas heat, and a detached garage.
Where is this triplex located?
The property is located at 171 Girard St 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: Legal detached three‑family home on an oversized 80' x 100' lot in Manhattan Beach; Approximately 4,112 SF with 7 bedrooms and 4 full bathrooms plus one three‑quarter bath; Hardwood floors, eat‑in kitchens, and wood‑burning fireplaces
