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Three-Family Brick Triplex

177 Moffat, Brooklyn, NY 11207

For Sale
$2,150,000

Residential Income, Brooklyn, NY

Property Size2,799 SF
Lot Size0.04 Acres
Price / SF$768.13
Days on Market108

Property Features for 177 Moffat

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Subdivision Bushwick
Standard status Active
Size 2,799 SF
Lot size 0.04 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 8451

Building Details

Year built 2003
Floors in Building 3
Flooring type Hardwood
Buildings 1
Listing Agency: EVERGREEN REALTY & INVESTMENTS
Listed By: Emma Barattini
Added: Jul 31 Changed: Oct 28 Last Checked: Nov 15 at 5:06PM
MLS# 11912824

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.

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Investment Insights

Based on property information with market context.

Built in 2003, this semi-detached brick triplex contains approximately 2,799 SF on a 25' x 62.67' lot. The ground-floor, four-bedroom, two-bathroom residence will be delivered vacant and includes an approximately 700 SF private backyard. Two occupied three-bedroom apartments feature renovated kitchens, modern bathrooms, and new flooring. A full basement and hardwood flooring provide additional functional space and durable interior finishes.

The property is zoned R6 and includes approximately 642 SF of additional buildable area. An upgraded common side yard may support construction of two additional units or parking for two vehicles, subject to zoning and approvals. Transit access includes a two-minute walk to the L train and three minutes to the J and Z trains. The property is located near neighborhood amenities in Bushwick.

Key Highlights

  • Three‑family semi‑detached brick building constructed in 2003
  • Approximately 2,799 SF on a 25' x 62.67' lot
  • Vacant ground‑floor 4‑bedroom, 2‑bathroom residence with approximately 700 SF private backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$98,026
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,960,520 $2.0M
Cap Rate 7%
$1,400,371 $1.4M
Cap Rate 9%
$1,089,178 $1.1M
Market Conditions
NOI Build-Up for 2,799 SF
Gross rent
$142.7K $51.00/SF
− Vacancy
−$2.7K −$0.97/SF
EGI
$140.0K $50.03/SF
− OpEx
−$42.0K −$15.01/SF
NOI
$98.0K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,960,520
Cap Rate 7%
$1,400,371
Cap Rate 9%
$1,089,178

Alternative Uses

Best Use
Multifamily LT 5
$1.40M
$1.23M – $1.63M (±1% cap)
NOI $98,026 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,451 @ 7.0% cap · market cap 3.97%
Theoretical Best
Specialty Retail
$2.32M
$2.03M – $2.70M (±1% cap)
NOI $162,230 @ 7.0% cap · market cap 7.55%
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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,246
Businesses Nearby

Demographics for 11207, NY

100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Brooklyn, NY

$733 Jul
$729 Aug
$757 Sep
$731 Oct

Properties on Market for Triplexes in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Modern construction features a vacant ground-floor residence and two updated occupied apartments.
Where is this triplex located?
The property is located at 177 Moffat Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Three‑family semi‑detached brick building constructed in 2003; Approximately 2,799 SF on a 25' x 62.67' lot; Vacant ground‑floor 4‑bedroom, 2‑bathroom residence with approximately 700 SF private backyard
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