Detached Triplex After 2020
For Sale
$1,599,000
25 Schenck Avenue, Brooklyn, NY 11207
MULTI_FAMILY - Brooklyn, NY
Property Size3,600 SF
Lot Size0.11 Acres
Price / SF$444.17
Days on Market139
Property Features for 25 Schenck Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Bedrooms
9
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 7, Bedroom 9, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 4, Bedroom 6, Bedroom 5
Parking features
Garage - Detached
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
East New York
Standard status
Active
Size
3,600 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
8137
Building Details
Year built
1931
Number of units
3
Listing Agency:
Momentum Real Estate LLC
(718) 382-0001
Listed By:
Priscilla Tran
(718) 382-0001
Added: Mar 17
Changed: Jul 30
Last Checked: Aug 2 at 3:06AM
MLS# 499708
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Investment Insights
Based on property information with market context.
Detached three-family triplex on a 50x100 lot with an approximately 30x40 building footprint. The property was built in 1931 and underwent major renovation completed in 2020, including four separate heating systems and four separate hot water heaters for the individual units. A separate entrance to the basement supports additional utility and storage. Parking is provided by a detached double garage with an attic above, plus a storage shed with a basement for more storage.
The building is located at 25 Schenck Avenue in Brooklyn, NY 11207. Zoning is R4.
The layout is described as practical, supported by updated building systems and the benefits of a larger lot. The configuration may suit end users or investors looking for a detached, renovated three-family residence.
The building is located at 25 Schenck Avenue in Brooklyn, NY 11207. Zoning is R4.
The layout is described as practical, supported by updated building systems and the benefits of a larger lot. The configuration may suit end users or investors looking for a detached, renovated three-family residence.
Key Highlights
- Detached three‑family triplex on a 50x100 lot with approx. 30x40 footprint
- Major renovation completed in 2020 with 4 separate heating systems and 4 separate hot water heaters
- Zoned R4
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 | $183.6k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $180.1k | $50.03 |
| − OpEx | −$54.0k | −$15.01 |
| NOI | $126.1k | $35.02 |
3,600 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.80M
$1.58M – $2.10M
NOI $126,078 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,904 @ 7.0% cap · market cap 6.87%
Theoretical Best
Specialty Retail
$2.98M
$2.61M – $3.48M
NOI $208,656 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,276
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Zoned R4; major renovation completed in 2020 with separate heating and hot water systems.
Where is this triplex located?
The property is located at 25 Schenck Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Detached three‑family triplex on a 50x100 lot with approx. 30x40 footprint; Major renovation completed in 2020 with 4 separate heating systems and 4 separate hot water heaters; Zoned R4