Three-Family Brownstone with
211 Van Buren Street Brooklyn, NY 11221
211 Van Buren Street, Brooklyn, NY, 11221
$1,795,000
For Sale
$1,795,000
Four-story brownstone with two upper four-room apartments and a lower duplex with garden access; renovation started and sold as-is.
Property Size3,540 SF
Price / SF$507.06
Days on Market10
Property Features for 211 Van Buren Street
General Information
- Standard status
- Active
- Size
- 3,540 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1899
Listing Agency
Bellmarc
(718) 768-4500
Listed by
Gamal Hasan
Source
Penrealty
Added: Jul 11 Updated: Jul 18 at 4:30 am Checked: Jul 19 at 4:29 am
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 Bellmarc
Investment Insights
Based on property information with market context.
Four-story three-family brownstone with a lower duplex offering garden access, plus two upper apartments. Each upper unit contains four rooms, with two bedrooms and one bathroom. The property has a full cellar and a large private rear garden. Renovation has started, with kitchens and bathrooms removed, and the sale requires completion of the build-out. The home is delivered vacant at closing and is sold as-is.
The property is located on Van Buren Street in Brooklyn, within easy reach of multiple subway lines and local bus routes. It is surrounded by neighborhood amenities including restaurants, shopping, parks, and cultural attractions.
Configuration is suited to continued three-family income use or customization into alternate residential arrangements, subject to applicable approvals.
The property is located on Van Buren Street in Brooklyn, within easy reach of multiple subway lines and local bus routes. It is surrounded by neighborhood amenities including restaurants, shopping, parks, and cultural attractions.
Configuration is suited to continued three-family income use or customization into alternate residential arrangements, subject to applicable approvals.
Key Highlights
- 1899‑built four‑story three‑family brownstone in Brooklyn’s Bedford‑Stuyvesant area
- Currently configured as a lower duplex with garden access plus two upper apartments
- Lower unit: six rooms with garden access; each upper apartment has four rooms, 2 bedrooms, and 1 bath
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 | $180.5k | $51.00 |
| − Vacancy | −$3.4k | −$0.97 |
| EGI | $177.1k | $50.03 |
| − OpEx | −$53.1k | −$15.01 |
| NOI | $124.0k | $35.02 |
3,540 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.77M
$1.55M – $2.07M
NOI $123,977 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$1.54M
$1.35M – $1.80M
NOI $108,073 @ 7.0% cap · market cap 6.02%
Theoretical Best
Specialty Retail
$2.93M
$2.56M – $3.42M
NOI $205,178 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Four-story brownstone with two upper four-room apartments and a lower duplex with garden access; renovation started and sold as-is.
Where is this triplex located?
The property is located at 211 Van Buren Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 1899‑built four‑story three‑family brownstone in Brooklyn’s Bedford‑Stuyvesant area; Currently configured as a lower duplex with garden access plus two upper apartments; Lower unit: six rooms with garden access; each upper apartment has four rooms, 2 bedrooms, and 1 bath
