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    Brooklyn Three-Family Brick Home Title is generated by Realmo AI

    217 Brighton 1st Lane, Brooklyn, NY 11235

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    Claim this Listing
    For Sale
    $1,050,000

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    2,249 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $466/SF
    Added:
    Dec 6, 2025
    Days on Market:
    201
    Last Refresh:
    Jun 25 at 3:06 am

    Property Features for 217 Brighton 1st Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 3
    Interior features
    Refrigerator, Stove
    Basement
    Finished, Full
    Standard status
    Active
    Size
    2,249 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7783

    Building Details

    Year built
    1931
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Ceramic, Hardwood
    Building materials
    Brick
    Roof type
    Flat

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    Contact an agent
    Eddie Anwar Arib

    Listing agent Eddie Anwar Arib

    Listing office Real Broker NY LLC 7610 13th Ave, Brooklyn, NY

    Listing date Dec 6, 2025

    MLS# 497749 Listing URL

    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.

    HighLights

    • Great income‑producing 3‑family brick home.
    • Low property taxes and expenses.
    • 2249 SQFT of living space with three apartments (3‑bedroom over 2‑bedroom over 2‑bedroom).
    • Convenient location near buses, B & Q subway line, Belt Parkway, schools, parks, shopping, and Brighton Beach boardwalk.
    • Property has been properly maintained.
    • All units are in good condition.

    Overview

    This three-family brick home in Brooklyn offers 2249 square feet of living space. It presents a great investment opportunity for both end users and first-time buyers. The property features three apartments, providing income potential with low property taxes and expenses. The current seller has properly maintained the property, which includes a 3-bedroom unit over a 2-bedroom unit over a 2-bedroom unit. All units are in good condition. The property is conveniently located near buses, the B & Q subway line, Belt Parkway, schools, parks, shopping, and the Brighton Beach boardwalk. The lot size is 0.0233 acres, located in the 11235 postal code area of Brooklyn, Kings County, New York.

    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 $114.7k $51.00
    − Vacancy −$2.2k −$0.97
    EGI $112.5k $50.03
    − OpEx −$33.8k −$15.01
    NOI $78.8k $35.02
    2,249 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.13M
    $984.6K – $1.31M (±1% cap)
    NOI $78,764 @ 7.0% cap · market cap 7.50%
    Second Best
    Apartment 5plus
    $980.9K
    $858.3K – $1.14M (±1% cap)
    NOI $68,660 @ 7.0% cap · market cap 6.54%
    Theoretical Best
    Specialty Retail
    $1.86M
    $1.63M – $2.17M (±1% cap)
    NOI $130,352 @ 7.0% cap · market cap 12.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.966447
    Latitude
    40.57724

    FAQs

    What type of property is this?
    Triplex - Three-unit property near transportation, parks, and Brighton Beach.
    Where is this triplex located?
    The property is located at 217 Brighton 1st Lane Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Great income‑producing 3‑family brick home.; Low property taxes and expenses.; 2249 SQFT of living space with three apartments (3‑bedroom over 2‑bedroom over 2‑bedroom).
    More about this property
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