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Vacant Brick Triplex
New
For Sale
$1,300,000

175 Chestnut St, Brooklyn, NY 11208

Three residential units include a finished basement, private rear yard, and flexible layouts for occupancy or leasing.

Property SizeContact for details
Days on Market4

Property Features for 175 Chestnut St

General Information

Standard status Active
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $8,045

Building Details

Year Built 1901
Listing Agency: Real Broker NY LLC
Listed By: Mina Abusafe · License #MA4397
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 7:16AM

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 Real Broker NY LLC

Investment Insights

Based on property information with market context.

This three-unit brick residential property was built in 1901 and is delivered vacant. The unit mix includes one two-bedroom apartment and two three-bedroom apartments, while a finished basement adds two rooms and one bathroom. The ground-floor residence connects to a private rear yard. Interior and building features include hardwood, tile, and carpet flooring; gas baseboard heat; 220-volt electric service; refrigerator and stove appliances; and an asphalt flat roof.

The property occupies a 20-by-100-foot lot totaling 2,000 SF at 175 Chestnut St in Brooklyn’s Cypress Hills area. Fulton Street, public transportation, shopping, restaurants, schools, parks, and neighborhood amenities are nearby. WalkScore is 59, TransitScore is 76, and BikeScore is 64.

Key Highlights

  • Three‑unit brick property delivered fully vacant
  • Unit mix includes one 2‑bedroom apartment and two 3‑bedroom apartments
  • Finished basement with 2 rooms and 1 bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Skin Care Clinic

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

2,645
Businesses Nearby

Demographics for 11208, NY

101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value

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 - Three residential units include a finished basement, private rear yard, and flexible layouts for occupancy or leasing.
Where is this triplex located?
The property is located at 175 Chestnut St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three‑unit brick property delivered fully vacant; Unit mix includes one 2‑bedroom apartment and two 3‑bedroom apartments; Finished basement with 2 rooms and 1 bathroom
More about this property
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