Three-Family Corner
1893 W 11th Street Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
Property size:
2,544 SFLot size:
0.05 AcresPrice / SF:
$609/SF- Added:
- Jul 2, 2026
- Days on Market:
- 9
- Last Refresh:
- Jul 10 at 1:06 am
Property Features for 1893 W 11th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5B
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 5, Bedroom 1
- Parking features
- Garage - Detached
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 2,544 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 11896
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Hang (Tyler) Chen (917) 708-9966
Listing office Tiger Realty 1484 86th Street, Brooklyn, NY (917) 708-9966
Listing date Jul 2, 2026
MLS# 502743
Listing URL
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 for-sale corner three-family home is described as well-maintained and arranged as three separate apartments. The property includes a detached garage, offering off-street parking as well as additional storage space. With its residential income focus, the building can support use by an owner-occupant or a rental strategy while keeping the overall layout centered on independent apartment living.
Located in Brooklyn, NY 11223, the property sits on a 0.0482-acre lot. The zoning is listed as R5B, and the listing notes convenient proximity to shopping, restaurants, schools, parks, and public transportation.
For buyers evaluating residential income opportunities in a multifamily format, the combination of a three-unit structure and detached garage can be especially useful for tenants and owner-occupants alike, particularly where off-street parking and storage matter. As a corner property, it is presented as offering an added element of separation within the neighborhood setting, while the apartment-focused configuration supports day-to-day rental or mixed living arrangements.
Located in Brooklyn, NY 11223, the property sits on a 0.0482-acre lot. The zoning is listed as R5B, and the listing notes convenient proximity to shopping, restaurants, schools, parks, and public transportation.
For buyers evaluating residential income opportunities in a multifamily format, the combination of a three-unit structure and detached garage can be especially useful for tenants and owner-occupants alike, particularly where off-street parking and storage matter. As a corner property, it is presented as offering an added element of separation within the neighborhood setting, while the apartment-focused configuration supports day-to-day rental or mixed living arrangements.
Key Highlights
- Corner 3‑family property with brick construction
- Detached garage with off‑street parking
- Flat roof and tile flooring
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.7k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $127.3k | $50.03 |
| − OpEx | −$38.2k | −$15.01 |
| NOI | $89.1k | $35.02 |
2,544 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $89,095 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$1.11M
$970.8K – $1.29M
NOI $77,666 @ 7.0% cap · market cap 5.01%
Theoretical Best
Specialty Retail
$2.11M
$1.84M – $2.46M
NOI $147,450 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - For sale corner three-family property in Brooklyn with a detached garage for off-street parking and added storage.
Where is this triplex located?
The property is located at 1893 W 11th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Corner 3‑family property with brick construction; Detached garage with off‑street parking; Flat roof and tile flooring
