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Triplex with Private Parking
New
For Sale
$1,690,000

1726 79th Street, Brooklyn, NY 11214

Residential, Brooklyn, NY

Property Size2,400 SF
Lot Size0.05 Acres
Price / SF$704.17
Days on Market1

Property Features for 1726 79th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 8
Full bathrooms 3
Half bathrooms 5
Rooms Bathroom 3, Bathroom 6, Bathroom 2, Bathroom 5, Bathroom 8, Bathroom 4, Bathroom 7, Bathroom 1
Interior features A/C Unit - Wall, Refrigerator, Stove
Basement Finished, Full
Subdivision Bensonhurst
Standard status Active
Size 2,400 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 8204

Building Details

Year built 1930
Floors in Building 3
Number of units 3
Flooring type Hardwood
Building materials Wood Frame
Roof type Flat
Listing Agency: Momentum Real Estate LLC
Listed By: WaiPing (Tammy) Chan
Added: Oct 8 Last Checked: Oct 8 at 9:06PM
MLS# 505192

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 2,400-square-foot triplex has 11 bedrooms, 4 full bathrooms, and 4 half-baths. The kitchen was renovated a few years ago, and the home includes hardwood flooring, wall-unit air conditioning, a refrigerator, and a stove. Three hot water heaters provide one system for each family. The wood-frame building was constructed in 1930 and has a flat roof. The property occupies 0.0471 acres and includes private parking for up to 3 cars. It is expected to be vacant at closing.

The home is minutes from the D train and near shops and restaurants.

Key Highlights

  • Three‑family property with 11 bedrooms and 4 full bathrooms plus 4 half‑baths
  • 2,400 square feet on a 0.0471‑acre lot
  • Private parking for up to 3 cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$65,460
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,309,200 $1.3M
Cap Rate 7%
$935,143 $935.1K
Cap Rate 9%
$727,333 $727.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$97.9K $40.80/SF
− Vacancy
−$4.4K −$1.84/SF
EGI
$93.5K $38.96/SF
− OpEx
−$28.1K −$11.69/SF
NOI
$65.5K $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%
$1,309,200
Cap Rate 7%
$935,143
Cap Rate 9%
$727,333

Alternative Uses

Best Use
Multifamily LT 5
$935.1K
$818.3K – $1.09M (±1% cap)
NOI $65,460 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$838.1K
$733.3K – $977.8K (±1% cap)
NOI $58,667 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M (±1% cap)
NOI $98,003 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Suegros house Condominium Complex

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Hotel & Motel Bar & Pub Gym & Fitness Center

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,085
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - The three-family residence has separate hot water heaters for each family and is expected to be vacant at closing.
Where is this triplex located?
The property is located at 1726 79th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Three‑family property with 11 bedrooms and 4 full bathrooms plus 4 half‑baths; 2,400 square feet on a 0.0471‑acre lot; Private parking for up to 3 cars
More about this property
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