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Brick Triplex with Private Entrances
For Sale
$2,400,000

2514 Hubbard Street, Brooklyn, NY 11235

Residential, Brooklyn, NY

Property Size4,300 SF
Lot Size0.06 Acres
Price / SF$558.14
Days on Market50

Property Features for 2514 Hubbard Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bathrooms 7
Full bathrooms 4
Rooms Bathroom 7, Bathroom 5, Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 2
Parking features Garage
Patio and Porch features Patio, Porch
Interior features A/C Unit - Wall, Central Air - Split, Dishwasher, Dryer, Fireplace, Garage Door Opener(s), Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Terrace, Washer, Window Treatments
Fireplace 1
Subdivision Sheepshead Bay
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 15992

Amenities

laundry space
hardwood flooring
gas fireplace
electric sauna
private entrance
open-concept living and dining
private outdoor terraces
finished basement

Building Details

Year built 1988
Number of units 3
Flooring type Parquet Wood, Tile
Building materials Brick
Roof type Flat
Listing Agency: BO's Prime Realty
Listed By: Bozena Zgoda
Added: Sep 3 Changed: Oct 20 Last Checked: Oct 22 at 4:06PM
MLS# 504251

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.

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Investment Insights

Based on property information with market context.

This brick triplex, built in 1988, contains 4,300 square feet of interior space arranged across three full-floor apartments and a walk-in basement. Each apartment has its own entrance, an open living and dining arrangement, hardwood flooring, laundry space, two bathrooms, and private front and rear terrace access. The third-floor residence adds a gas fireplace and electric sauna. Gas and electric service are separately metered for each unit.

The property occupies a 27-foot by 95-foot lot and includes a built-in garage, private two-car driveway, and finished full-size basement with a separate entrance. The R4-zoned property is near Avenue Z, the B and Q subway lines, local shopping, schools, and neighborhood amenities.

Key Highlights

  • Three full‑floor apartments plus a walk‑in basement
  • 4,300 square feet of interior space on a 27‑foot by 95‑foot lot
  • Separate gas and electric meters for all apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$150,593
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,011,860 $3.0M
Cap Rate 7%
$2,151,329 $2.2M
Cap Rate 9%
$1,673,256 $1.7M
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$219.3K $51.00/SF
− Vacancy
−$4.2K −$0.97/SF
EGI
$215.1K $50.03/SF
− OpEx
−$64.5K −$15.01/SF
NOI
$150.6K $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%
$3,011,860
Cap Rate 7%
$2,151,329
Cap Rate 9%
$1,673,256

Alternative Uses

Best Use
Multifamily LT 5
$2.15M
$1.88M – $2.51M (±1% cap)
NOI $150,593 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,275 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$3.56M
$3.12M – $4.15M (±1% cap)
NOI $249,228 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,426
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three full-floor apartments offer separate meters, laundry areas, terraces, and private entries.
Where is this triplex located?
The property is located at 2514 Hubbard Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Three full‑floor apartments plus a walk‑in basement; 4,300 square feet of interior space on a 27‑foot by 95‑foot lot; Separate gas and electric meters for all apartments
More about this property
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