Detached Brick
New
For Sale
$1,750,000
2284 West St, Brooklyn, NY 11223
Three occupied residences provide current income, with a detached garage and shared driveway on site.
Property Size3,660 SF
Lot Size0.06 Acres
Price / SF$520.83
Days on Market3
Property Features for 2284 West St
General Information
Standard status
Active
Size
3,660 SF
Total Parking Spaces
2
Lot size
0.06 Acres
Property subtype
Multi Family
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$12,561
Building Details
Building Size
3,660 SF
Year Built
1930
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Calemine & Co. Real Estate, LL
Listed By:
Louis J. Calemine · License #LJC0189
(718) 998-1100
Source:
Elliman
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 24 at 2:43PM
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 Calemine & Co. Real Estate, LL
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Investment Insights
Based on property information with market context.
Built in 1930, this detached brick triplex contains three residences and 3,360 square feet of interior living area. The building measures 21’ x 66’ on a 25’ x 100’ lot. All three units are occupied, and a detached two-car garage is located in the backyard, reached by a shared driveway.
The property is at 2284 West St in Brooklyn. Its reported Walk Score is 94, Transit Score is 78, and Bike Score is 69.
The property is at 2284 West St in Brooklyn. Its reported Walk Score is 94, Transit Score is 78, and Bike Score is 69.
Key Highlights
- Three‑family property with 3,360 square feet of interior living space; all units are occupied
- Detached brick building measures 21’ x 66’ on a 25’ x 100’ lot
- Detached two‑car garage in the backyard, accessed by a shared driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,673
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,353,460
$2.4M
Cap Rate 7%
$1,681,043
$1.7M
Cap Rate 9%
$1,307,478
$1.3M
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$171.4K $51.00/SF
− Vacancy
−$3.3K −$0.97/SF
EGI
$168.1K $50.03/SF
− OpEx
−$50.4K −$15.01/SF
NOI
$117.7K $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 Rate 5%
$2,353,460
Cap Rate 7%
$1,681,043
Cap Rate 9%
$1,307,478
Alternative Uses
Best Use
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,673 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$1.47M
$1.28M – $1.71M
NOI $102,577 @ 7.0% cap · market cap 5.86%
Theoretical Best
Specialty Retail
$2.78M
$2.43M – $3.25M
NOI $194,746 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,467
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences provide current income, with a detached garage and shared driveway on site.
Where is this triplex located?
The property is located at 2284 West St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three‑family property with 3,360 square feet of interior living space; all units are occupied; Detached brick building measures 21’ x 66’ on a 25’ x 100’ lot; Detached two‑car garage in the backyard, accessed by a shared driveway
