Residential Income Property with Roof
For Sale
$699,000
216 Pulaski Street 3R, Brooklyn, NY 11206
One-bedroom condominium residence with exposed brick, modern finishes, and a private outdoor roof area.
Property Size655 SF
Price / SF$1,067
Days on Market190
Property Features for 216 Pulaski Street 3R
General Information
Standard status
Active
Size
655 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,392
Amenities
private roof space
in-unit washer/dryer
Building Details
Building Size
655 SF
Year Built
2017
Listing Agency:
Compass
Listed By:
Danielle I Mickiewicz
(732) 232-4543
Source:
Carlinwright
Added: Apr 21
Changed: Oct 27
Last Checked: Oct 26 at 11:01PM
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 Compass
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Investment Insights
Based on property information with market context.
Residence 3R is a 655-square-foot, one-bedroom condominium completed in 2017. The loft-like interior features exposed brick, 10-foot ceilings, oversized colonial-grid windows, and a flexible open layout. The kitchen includes Bertazzoni appliances, while the bathroom offers Spanish tile, brass fixtures, and an oversized stall shower. An in-unit washer and dryer adds everyday convenience.
A private roof space extends the residence outdoors and provides room for entertaining or relaxing. The property is located just off Throop Avenue in Brooklyn, near cafes, restaurants, and neighborhood businesses. Transit access includes the G, A, C, and JMZ trains, along with nearby bus lines.
A private roof space extends the residence outdoors and provides room for entertaining or relaxing. The property is located just off Throop Avenue in Brooklyn, near cafes, restaurants, and neighborhood businesses. Transit access includes the G, A, C, and JMZ trains, along with nearby bus lines.
Key Highlights
- 655‑square‑foot one‑bedroom condominium residence
- Private roof space for outdoor use
- 10‑foot ceilings, exposed brick, and oversized colonial‑grid windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,996
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,920
$399.9K
Cap Rate 7%
$285,657
$285.7K
Cap Rate 9%
$222,178
$222.2K
Market Conditions
NOI Build-Up for 655 SF
Gross rent
$37.1K $56.64/SF
− Vacancy
−$742 −$1.13/SF
EGI
$36.4K $55.51/SF
− OpEx
−$16.4K −$24.98/SF
NOI
$20.0K $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%
$399,920
Cap Rate 7%
$285,657
Cap Rate 9%
$222,178
Alternative Uses
Best Use
Apartment 5plus
$285.7K
$250.0K – $333.3K
NOI $19,996 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$542.3K
$474.6K – $632.7K
NOI $37,964 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,877
Businesses Nearby
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Business Placement
Demographics for 11206, NY
91,549
Population
34,838
Households
2.6
Avg Household Size
30
Median Age
36%
College-Educated
77%
High-School Grad
1.4 sq mi
ZIP Area
65,392
Density / Sq Mi
$57,280
Median Household Income
$44,145
Median Earnings
$1,558
Median Rent
$822,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom condominium residence with exposed brick, modern finishes, and a private outdoor roof area.
Where is this residential income property located?
The property is located at 216 Pulaski Street 3R Brooklyn, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 655‑square‑foot one‑bedroom condominium residence; Private roof space for outdoor use; 10‑foot ceilings, exposed brick, and oversized colonial‑grid windows
