Bensonhurst Triplex with Full
For Sale
$1,198,000
Pending
1717 79th Street, Brooklyn, NY 11214
Brooklyn triplex featuring spacious apartments, full basement, and yard.
Property Size3,372 SF
Days on Market662
Property Features for 1717 79th Street
General Information
Standard status
Pending
Size
3,372 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$9,883
Listing Agency:
Achievers Realty
Listed By:
Samy Hassan
(718) 232-8400
Source:
Exitrealty
Added: Jan 5, 2025
Changed: Oct 25
Last Checked: Oct 14 at 8:09PM
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 Achievers Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the heart of Bensonhurst, Brooklyn, this multifamily property presents a unique investment opportunity. The brick building measures 20x59 and comprises three apartments, each featuring 3 bedrooms, a living room/dining room combination, and an eat-in kitchen. A full-size basement provides additional space. The property includes both a large, private backyard and a front yard. Situated near the D train and buses, the location offers convenient access to transportation and local amenities. This income property has high potential and is suitable for investors. Full possession is available at closing.
Key Highlights
- Full possession at closing.
- Large 3‑family brick building (20x59) in Bensonhurst, Brooklyn.
- Each apartment features 3 bedrooms, living room/dining room, and eat‑in kitchen.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,971
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,839,420
$1.8M
Cap Rate 7%
$1,313,871
$1.3M
Cap Rate 9%
$1,021,900
$1.0M
Market Conditions
NOI Build-Up for 3,372 SF
Gross rent
$137.6K $40.80/SF
− Vacancy
−$6.2K −$1.84/SF
EGI
$131.4K $38.96/SF
− OpEx
−$39.4K −$11.69/SF
NOI
$92.0K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,839,420
Cap Rate 7%
$1,313,871
Cap Rate 9%
$1,021,900
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $91,971 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,427 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.97M
$1.72M – $2.29M
NOI $137,694 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
3,900
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Brooklyn triplex featuring spacious apartments, full basement, and yard.
Where is this triplex located?
The property is located at 1717 79th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Full possession at closing.; Large 3‑family brick building (20x59) in Bensonhurst, Brooklyn.; Each apartment features **3 bedrooms, living room/dining room, and eat‑in kitchen.**
