Brick Triplex With Private
For Sale
$2,299,000
1859 80th Street, Brooklyn, NY 11214
Residential, Brooklyn, NY
Property Size3,509 SF
Lot Size0.07 Acres
Price / SF$655.17
Days on Market2335
Property Features for 1859 80th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 1, Bedroom 4, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Bensonhurst
Standard status
Active
Size
3,509 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
10861
Building Details
Year built
1970
Floors in Building
2
Number of units
3
Flooring type
Tile, Ceramic
Building materials
Brick
Roof type
Flat, Asphalt
Listing Agency:
RE/MAX Real Estate Professiona
(718) 532-2000
Listed By:
Vito Angelo · License #VITLO524
(718) 887-5708
Added: May 22, 2020
Changed: Oct 10
Last Checked: Oct 12 at 4:06PM
MLS# 438052
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 legal three-family brick residence offers 3,509 square feet within a 22-by-55-foot building footprint on a 30-by-100-foot lot. The unit arrangement includes a three-bedroom apartment over another three-bedroom apartment, with a two-bedroom unit on the lower level. Each residence has its own boiler, while tenants pay their own utilities. Interior features include refrigerators, stoves, tile, and ceramic flooring.
The property includes a double private driveway and is located a short distance from the 18th Avenue and 86th Street thoroughfare. Built in 1970, the building has a flat asphalt roof and R5 zoning.
The property includes a double private driveway and is located a short distance from the 18th Avenue and 86th Street thoroughfare. Built in 1970, the building has a flat asphalt roof and R5 zoning.
Key Highlights
- Legal 3‑family configuration with 3‑bedroom, 3‑bedroom, and 2‑bedroom units
- 3,509 square feet on a 0.0689‑acre lot
- 22x55‑foot building on a 30x100‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,707
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,914,140
$1.9M
Cap Rate 7%
$1,367,243
$1.4M
Cap Rate 9%
$1,063,411
$1.1M
Market Conditions
NOI Build-Up for 3,509 SF
Gross rent
$143.2K $40.80/SF
− Vacancy
−$6.4K −$1.84/SF
EGI
$136.7K $38.96/SF
− OpEx
−$41.0K −$11.69/SF
NOI
$95.7K $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%
$1,914,140
Cap Rate 7%
$1,367,243
Cap Rate 9%
$1,063,411
Alternative Uses
Best Use
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $95,707 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$1.23M
$1.07M – $1.43M
NOI $85,775 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,288 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,066
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Legal three-family residence with separate boilers, private parking access, and tenant-paid utilities.
Where is this triplex located?
The property is located at 1859 80th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: Legal 3‑family configuration with 3‑bedroom, 3‑bedroom, and 2‑bedroom units; 3,509 square feet on a 0.0689‑acre lot; 22x55‑foot building on a 30x100‑foot lot
