Renovated Three-Family Brick
2076 Coyle Street, Brooklyn, NY 11229
For Sale
$1,199,000
Residential, Brooklyn, NY
Property Size2,268 SF
Lot Size0.04 Acres
Price / SF$528.66
Days on Market151
Property Features for 2076 Coyle Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Basement
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Floors in Building
Building materials
Listing Agency:
RE/MAX Edge · RE/MAX International
Listed By:
ZaiYou (Joe) Zhu
(718) 612-3088
Added: Jun 12
Changed: Oct 29
Last Checked: Nov 9 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
This semi-detached brick triplex contains 2,268 square feet and is configured as a three-family residence. The property was renovated approximately two years ago and will be delivered vacant at closing. Each unit has its own boiler and heating system, while the first-floor residence includes an expanded private entrance. Interior features include A/C units and garage door openers.
Parking is a significant part of the property’s configuration, with a private two-car garage and a rear parking area for three or more additional vehicles. The grounds include a private backyard and maintained front yard. The property is located in Sheepshead Bay near Avenue U, with supermarkets, restaurants, cafés, shopping centers, schools, public transportation, parks, and recreational areas nearby. Zoning is identified as R4, C1-2.
Parking is a significant part of the property’s configuration, with a private two-car garage and a rear parking area for three or more additional vehicles. The grounds include a private backyard and maintained front yard. The property is located in Sheepshead Bay near Avenue U, with supermarkets, restaurants, cafés, shopping centers, schools, public transportation, parks, and recreational areas nearby. Zoning is identified as R4, C1-2.
Key Highlights
- Three‑family brick triplex totaling 2,268 square feet
- Delivered fully vacant at closing
- Separate boiler and heating system serving each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,429
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,588,580
$1.6M
Cap Rate 7%
$1,134,700
$1.1M
Cap Rate 9%
$882,544
$882.5K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$115.7K $51.00/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$113.5K $50.03/SF
− OpEx
−$34.0K −$15.01/SF
NOI
$79.4K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,588,580
Cap Rate 7%
$1,134,700
Cap Rate 9%
$882,544
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$992.9K – $1.32M
NOI $79,429 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$989.1K
$865.5K – $1.15M
NOI $69,240 @ 7.0% cap · market cap 5.77%
Theoretical Best
Specialty Retail
$1.88M
$1.64M – $2.19M
NOI $131,453 @ 7.0% cap · market cap 10.96%
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
1,998
Businesses Nearby
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Business Placement
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
$812,200
Median Home Value
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Market
Average Price Trend$/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 - Vacant three-family residence with independent heating systems, private outdoor areas, and substantial on-site parking.
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 $1,199,000.
What are key features of this property?
This property features: Three‑family brick triplex totaling 2,268 square feet; Delivered fully vacant at closing; Separate boiler and heating system serving each unit
