Three-Family Brick
For Sale
$2,190,000
2167 W 13th Street, Brooklyn, NY 11223
Residential, Brooklyn, NY
Property Size3,780 SF
Lot Size0.07 Acres
Price / SF$579.37
Days on Market176
Property Features for 2167 W 13th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5
Bedrooms
9
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 7, Bathroom 6, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 9, Bedroom 8, Bathroom 3, Bedroom 6
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Gravesend
Standard status
Active
Size
3,780 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
11000
Building Details
Year built
2022
Floors in Building
3
Number of units
3
Flooring type
Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Hang (Tyler) Chen · License #HC3855
(917) 708-9966
Added: Mar 19
Changed: Sep 9
Last Checked: Sep 10 at 10:06AM
MLS# 499800
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.
Completed in 2022, this brick triplex contains 3,780 square feet across three residences. Each apartment provides three bedrooms, two bathrooms, a living room, dining area, kitchen, and washer/dryer hookups. Interior finishes include European-style cabinetry, white quartz countertops, stainless steel appliances, and hardwood flooring. Separate heating and hot-water systems serve each unit, while high ceilings and Edison windows bring natural light throughout the building.
The property occupies a 30-by-100-foot lot with a private driveway offering parking. It is located at 2167 W 13th Street in Brooklyn's Bensonhurst area, near stores, supermarkets, restaurants, bus service, and the D Train subway station. R5 zoning supports the stated residential multifamily configuration.
The property occupies a 30-by-100-foot lot with a private driveway offering parking. It is located at 2167 W 13th Street in Brooklyn's Bensonhurst area, near stores, supermarkets, restaurants, bus service, and the D Train subway station. R5 zoning supports the stated residential multifamily configuration.
Key Highlights
- 2022‑built brick triplex with 3,780 square feet
- Three units, each with 3 bedrooms and 2 bathrooms
- 30‑by‑100‑foot lot with private driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$132,382
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,647,640
$2.6M
Cap Rate 7%
$1,891,171
$1.9M
Cap Rate 9%
$1,470,911
$1.5M
Market Conditions
NOI Build-Up for 3,780 SF
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.
Gross rent
$192.8K $51.00/SF
− Vacancy
−$3.7K −$0.97/SF
EGI
$189.1K $50.03/SF
− OpEx
−$56.7K −$15.01/SF
NOI
$132.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,647,640
Cap Rate 7%
$1,891,171
Cap Rate 9%
$1,470,911
Alternative Uses
Best Use
Multifamily LT 5
$1.89M
$1.65M – $2.21M
NOI $132,382 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$1.65M
$1.44M – $1.92M
NOI $115,399 @ 7.0% cap · market cap 5.27%
Theoretical Best
Specialty Retail
$3.13M
$2.74M – $3.65M
NOI $219,089 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,878
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three self-contained residences offer flexible multifamily ownership with private parking and contemporary finishes.
Where is this triplex located?
The property is located at 2167 W 13th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,190,000.
What are key features of this property?
This property features: 2022‑built brick triplex with 3,780 square feet; Three units, each with 3 bedrooms and 2 bathrooms; 30‑by‑100‑foot lot with private driveway parking
