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Triplex with Private Parking
For Sale
$1,249,999

2076 Coyle Street, Brooklyn, NY 11229

MULTI_FAMILY - Brooklyn, NY

Property Size2,268 SF
Lot Size0.04 Acres
Price / SF$551.15
Days on Market53

Property Features for 2076 Coyle Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4, C1-2
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2
Interior features A/C Unit, Garage Door Opener(s)
Basement Finished, Full
Subdivision Sheepshead Bay
Standard status Active
Size 2,268 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 7601

Amenities

private backyard
beautifully maintained front yard
expanded private entrance

Building Details

Floors in Building 3
Building materials Brick
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: ZaiYou (Joe) Zhu
Added: Jun 12 Changed: Aug 2 Last Checked: Aug 2 at 11:06PM
MLS# 502255

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.

Renovated triplex (three-family) semi-detached brick residence on a 0.0419-acre lot with 2,268 square feet of space. The property is designed for occupant control, with each unit having its own separate boiler and heating system. Interior features include A/C unit(s) and garage door opener(s). The home is being delivered fully vacant at closing.

Parking is a standout: a private 2-car garage plus a large rear parking area that accommodates 3+ additional vehicles. Zoning is listed as R4 and C1-2.

Located in Sheepshead Bay at 2076 Coyle Street, the home is described as moments from Avenue U, with access to supermarkets, restaurants, cafes, shopping, schools, and everyday essentials. Public transportation is available via buses and nearby train lines, and local parks and recreational areas are also nearby.

Key Highlights

  • Private 2‑car garage plus a large rear parking area for 3+ additional vehicles
  • Delivered fully vacant at closing
  • Each unit has its own separate boiler and heating system

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 $115.7k $51.00
− Vacancy −$2.2k −$0.97
EGI $113.5k $50.03
− OpEx −$34.0k −$15.01
NOI $79.4k $35.02
2,268 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.13M
$992.9K – $1.32M (±1% cap)
NOI $79,429 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$989.1K
$865.5K – $1.15M (±1% cap)
NOI $69,240 @ 7.0% cap · market cap 5.54%
Theoretical Best
Specialty Retail
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,453 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hotel & Motel Restaurant (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,998
Businesses Nearby

Demographics for 11229, NY

83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Renovated three-family brick home delivered fully vacant at closing with each unit having its own boiler and heating.
Where is this triplex located?
The property is located at 2076 Coyle Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,999.
What are key features of this property?
This property features: Private 2‑car garage plus a large rear parking area for 3+ additional vehicles; Delivered fully vacant at closing; Each unit has its own separate boiler and heating system
More about this property
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