2233 W 5th Street, Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
- Added:
- Feb 11, 2019
- Days on Market:
- 2692
- Last Refresh:
- Jun 26 at 9:06 am
Property Features for 2233 W 5th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4427
Building Details
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Wood Frame
- Roof type
- Rubber, Flat
Listing agent Vito Angelo License #40AN0957928 (718) 532-2000
Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY (718) 532-2000
Listing date Feb 11, 2019
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
- Detached two‑family home in desirable Gravesend location
- Short distance to Manhattan and Brooklyn trains
- Junior four apartment with new bathroom and kitchen
- Ultra‑private backyard with extra‑large storage shed
- Completely renovated full finished basement with separate entrance
- New roof, upgraded plumbing and electric throughout
Overview
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 | $76.5k | $51.00 |
| − Vacancy | −$1.5k | −$0.97 |
| EGI | $75.0k | $50.03 |
| − OpEx | −$22.5k | −$15.01 |
| NOI | $52.5k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.975711
- Latitude
- 40.593643
