Solid Brick 3-Family
2064 Coyle Street Brooklyn, NY 11229
MULTI_FAMILY - Brooklyn, NY
Property size:
2,040 SFLot size:
0.04 AcresPrice / SF:
$480/SF- Added:
- Jun 8, 2026
- Days on Market:
- 33
- Last Refresh:
- Jul 10 at 8:06 am
Property Features for 2064 Coyle Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 3
- Interior features
- Refrigerator, Stove
- Standard status
- Active
- Size
- 2,040 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7147
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Block, Brick
- Roof type
- Flat
Listing agent Kevin Reilly (718) 998-1100
Listing office Calemine & Co. Real Estate, LL 625 Gravesend Neck Rd, Brooklyn, NY (718) 998-1100
Listing date Jun 8, 2026
MLS# 502099
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.
Solid brick 3-family home offering a current layout of a 2-bedroom unit over a 1-bedroom apartment over a studio/1-bedroom apartment. The property includes a community driveway and a detached 2-car garage. It is fully vacant. Electric service has been recently updated, with 4 new meters and sub-panels already in place, supporting continuity for future residential use.
The home is located in Marine Park, just minutes from the Nature Preserve and the activities available there. It also remains within close proximity to the shopping, dining, and public transportation options along the Avenue U shopping strip. Zoning is R4.
For buyers seeking an income-residential property, this configuration provides three separate dwelling units in a straightforward vertical arrangement. With some updating or remodeling, the home may also be adaptable for alternative layouts, including conversion concepts referenced for a larger triplex or different residential combinations. As presented, the updated electrical infrastructure and detached garage are practical features for an owner making improvements after acquisition.
The home is located in Marine Park, just minutes from the Nature Preserve and the activities available there. It also remains within close proximity to the shopping, dining, and public transportation options along the Avenue U shopping strip. Zoning is R4.
For buyers seeking an income-residential property, this configuration provides three separate dwelling units in a straightforward vertical arrangement. With some updating or remodeling, the home may also be adaptable for alternative layouts, including conversion concepts referenced for a larger triplex or different residential combinations. As presented, the updated electrical infrastructure and detached garage are practical features for an owner making improvements after acquisition.
Key Highlights
- Solid brick 3‑family home with a 2‑bedroom unit over a 1‑bedroom apartment over a studio/1‑bedroom unit
- Fully vacant property with community driveway and a detached 2‑car garage
- Recently updated electric service with 4 new meters and sub‑panels
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 | $104.0k | $51.00 |
| − Vacancy | −$2.0k | −$0.97 |
| EGI | $102.1k | $50.03 |
| − OpEx | −$30.6k | −$15.01 |
| NOI | $71.4k | $35.02 |
2,040 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$893.1K – $1.19M
NOI $71,444 @ 7.0% cap · market cap 7.29%
Second Best
Apartment 5plus
$889.7K
$778.5K – $1.04M
NOI $62,279 @ 7.0% cap · market cap 6.35%
Theoretical Best
Specialty Retail
$1.69M
$1.48M – $1.97M
NOI $118,238 @ 7.0% cap · market cap 12.07%
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 - Solid brick 3-family with a community driveway and detached 2-car garage, fully vacant and ready for updates.
Where is this triplex located?
The property is located at 2064 Coyle Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Solid brick 3‑family home with a 2‑bedroom unit over a 1‑bedroom apartment over a studio/1‑bedroom unit; Fully vacant property with community driveway and a detached 2‑car garage; Recently updated electric service with 4 new meters and sub‑panels
