Brick Triplex with
199 27th Avenue, Brooklyn, NY 11214
For Sale
$1,890,000
Residential, Brooklyn, NY
Property Size3,120 SF
Lot Size0.04 Acres
Price / SF$605.77
Days on Market53
Property Features for 199 27th Avenue
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
private balconies
private backyard
private parking
detached garage
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Buildings
Listing Agency:
Tiger Realty
Listed By:
Van Huynh
(917) 708-9966
Added: Sep 22
Changed: Nov 7
Last Checked: Nov 13 at 11:06PM
MLS# 504748
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.
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Investment Insights
Based on property information with market context.
This 2007 brick triplex contains 3,120 square feet arranged across three residential floors, with a 6/5/5 room configuration and a fully finished basement. Each floor has its own household layout, while hardwood and ceramic tile flooring, granite kitchen counters, stainless-steel appliances, and tiled bathrooms provide durable interior finishes. Separate boilers and hot water heaters support the individual units, and private balconies extend the living areas.
The property includes a private backyard, private parking, and a garage. Located in Brooklyn’s Bensonhurst/Bath Beach area, the home is near shopping, restaurants, schools, public transportation, and daily services. The 0.0444-acre lot is zoned R5 and identified as a three-family residential property.
The property includes a private backyard, private parking, and a garage. Located in Brooklyn’s Bensonhurst/Bath Beach area, the home is near shopping, restaurants, schools, public transportation, and daily services. The 0.0444-acre lot is zoned R5 and identified as a three-family residential property.
Key Highlights
- 3,120 square feet across three floors
- 6/5/5 room configuration plus fully finished basement
- 2007 brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,097
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,701,940
$1.7M
Cap Rate 7%
$1,215,671
$1.2M
Cap Rate 9%
$945,522
$945.5K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$127.3K $40.80/SF
− Vacancy
−$5.7K −$1.84/SF
EGI
$121.6K $38.96/SF
− OpEx
−$36.5K −$11.69/SF
NOI
$85.1K $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%
$1,701,940
Cap Rate 7%
$1,215,671
Cap Rate 9%
$945,522
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.06M – $1.42M
NOI $85,097 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$1.09M
$953.3K – $1.27M
NOI $76,267 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,404 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
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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
$1,007,400
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Brooklyn, NY
Properties on Market for Triplexes in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-floor residential income property with separate utilities, private parking, balconies, and a finished basement.
Where is this triplex located?
The property is located at 199 27th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 3,120 square feet across three floors; 6/5/5 room configuration plus fully finished basement; 2007 brick construction
