192 Hale Avenue Brooklyn, NY 11208
MULTI_FAMILY - Brooklyn, NY
- Added:
- Jun 3, 2026
- Days on Market:
- 41
- Last Refresh:
- Jul 13 at 5:06 pm
Property Features for 192 Hale Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 8, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 3, Basement, Bedroom 5, Bedroom 1
- Interior features
- First Floor Bedroom
- Basement
- Full
- Standard status
- Active
- APN
- 03959-0137
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5478
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1901
- Number of units
- 3
- Building materials
- Brick
Listing agent Philip Ross SRS (917) 502-9420
Listing office EXP Realty 6856 Groton St, Hauppauge, NY (888) 276-0630
Listing date Jun 3, 2026
Copyright © 2026 OneKey MLS. 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.
The home is located in Cypress Hills, Brooklyn, on a residential block. The property is zoned R5B. The J train, Highland Park, and the Jackie Robinson Parkway are listed as nearby, along with neighborhood conveniences.
For tenants, this configuration can support owner-occupied living with rental income from the upper floors, where leases are shown to run through May 2027. For buyers seeking control over future improvements, the vacant first-floor unit and the additional rear bonus space provide opportunities to reposition the property while retaining the current income stream from the occupied units. The groundwork already completed in the basement may also be appealing for a buyer looking to pursue below-grade upgrades.
Key Highlights
- Three‑family home built in 1901 with approx. 3,072 sq. ft. across three stories on a 23 x 100 lot
- 1st‑floor 2‑bedroom will be delivered vacant at closing (move‑in ready for an owner‑occupant or tenant)
- 2nd- and 3rd‑floor 3‑bedroom units occupied by long‑term tenants paying $2,000/month each; leases run through May 2027
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 | $118.0k | $38.40 |
| − Vacancy | −$5.3k | −$1.73 |
| EGI | $112.7k | $36.67 |
| − OpEx | −$33.8k | −$11.00 |
| NOI | $78.9k | $25.67 |
