Residential Income Property with
For Sale
$585,000
215 Parkville Avenue 3-B, Brooklyn, NY 11230
Condominium residence in an elevator building with private outdoor space, modern finishes, and in-unit laundry.
Property Size840 SF
Price / SF$696.43
Days on Market56
Property Features for 215 Parkville Avenue 3-B
General Information
Standard status
Active
Size
840 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,084
Amenities
balcony
stainless steel appliances
granite countertops
in-unit washer/dryer
central air conditioning
hardwood floors
pet-friendly
Building Details
Building Size
840 SF
Year Built
2007
Listing Agency:
Nest Seekers LLC
Listed By:
Soslan Tkhagapsoev
(917) 702-6618
Source:
Miradorrealestate
Added: Sep 1
Changed: Oct 25
Last Checked: Oct 25 at 12:23AM
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 Nest Seekers LLC
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Investment Insights
Based on property information with market context.
This 840-square-foot condominium residence was built in 2007 and features two bedrooms and two bathrooms. French doors open to a private balcony, while hardwood floors, central air conditioning, and sun-filled interiors define the living spaces. The kitchen includes stainless steel appliances, granite countertops, a double sink, and substantial cabinet storage. The primary bedroom has an en-suite bathroom and reach-in closet, and the second bedroom includes a large closet and chair rail detailing. An LG washer and dryer are located in the unit.
The property is at 215 Parkville Avenue in Brooklyn, NY, within a pet-friendly building. Transit access includes the F train and express B/Q lines, providing convenient connections through the area.
The property is at 215 Parkville Avenue in Brooklyn, NY, within a pet-friendly building. Transit access includes the F train and express B/Q lines, providing convenient connections through the area.
Key Highlights
- 840‑square‑foot condominium residence with 2 bedrooms and 2 bathrooms
- Private balcony accessed through French doors
- Elevator building completed in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,644
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,880
$512.9K
Cap Rate 7%
$366,343
$366.3K
Cap Rate 9%
$284,933
$284.9K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$47.6K $56.64/SF
− Vacancy
−$952 −$1.13/SF
EGI
$46.6K $55.51/SF
− OpEx
−$21.0K −$24.98/SF
NOI
$25.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,880
Cap Rate 7%
$366,343
Cap Rate 9%
$284,933
Alternative Uses
Best Use
Apartment 5plus
$366.3K
$320.6K – $427.4K
NOI $25,644 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$695.5K
$608.6K – $811.4K
NOI $48,686 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,456
Businesses Nearby
Explore this area
Business Placement
Demographics for 11230, NY
91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence in an elevator building with private outdoor space, modern finishes, and in-unit laundry.
Where is this residential income property located?
The property is located at 215 Parkville Avenue 3-B Brooklyn, NY.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 840‑square‑foot condominium residence with 2 bedrooms and 2 bathrooms; Private balcony accessed through French doors; Elevator building completed in 2007
