New-Construction
For Sale
$1,488,000
207 Hale Avenue, Brooklyn, NY 11208
Three separate legal residences provide an eight-bedroom, five-bathroom configuration.
Property Size3,600 SF
Price / SF$413.33
Days on Market48
Property Features for 207 Hale Avenue
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$11,090
Amenities
First Floor Bedroom
Chefs Kitchen
Eat-in Kitchen
Open Floorplan
Washer/Dryer Hookup
Building Details
Building Size
3,600 SF
Year Built
2026
Units
3
Listing Agency:
Keller Williams Landmark II
(347) 846-1200
Listed By:
Sheeba Rozario
(929) 424-6152
Source:
Croninreale
Added: Sep 7
Changed: Oct 24
Last Checked: Oct 23 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Landmark II
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Investment Insights
Based on property information with market context.
Completed in 2026, this Brooklyn triplex contains three independent legal residential units. Across the property, the layout includes eight bedrooms and five bathrooms.
Located at 207 Hale Avenue in Brooklyn, the building is identified as a three-family home.
Located at 207 Hale Avenue in Brooklyn, the building is identified as a three-family home.
Key Highlights
- Three independent legal residential units
- Eight bedrooms and five bathrooms across the property
- Construction completed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,413
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,848,260
$1.8M
Cap Rate 7%
$1,320,186
$1.3M
Cap Rate 9%
$1,026,811
$1.0M
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$138.2K $38.40/SF
− Vacancy
−$6.2K −$1.73/SF
EGI
$132.0K $36.67/SF
− OpEx
−$39.6K −$11.00/SF
NOI
$92.4K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,848,260
Cap Rate 7%
$1,320,186
Cap Rate 9%
$1,026,811
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,413 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.37M
NOI $82,286 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,193 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,915
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate legal residences provide an eight-bedroom, five-bathroom configuration.
Where is this triplex located?
The property is located at 207 Hale Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,488,000.
What are key features of this property?
This property features: Three independent legal residential units; Eight bedrooms and five bathrooms across the property; Construction completed in 2026
