Three-Family Brick Home Near
2839 Ford St Brooklyn, NY 11235
2839 Ford St, Brooklyn, NY, 11235
$2,275,000
For Sale
$2,275,000
Three-family brick home with private driveway near Emmons Avenue.
Property Size4,500 SF
Lot Size0.10 Acres
Price / SF$505.56
Days on Market128
Property Features for 2839 Ford St
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Lot size
- 0.10 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1992
Listing Agency
A P Services Inc
(347) 515-8272
Listed by
Aliaksei A. (Alex) Palaukou · License #AP8095
(347) 515-8272
Source
Elliman
Added: Mar 12 Checked: Jul 16 at 7:20 am
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 A P Services Inc
Investment Insights
Based on property information with market context.
This is a three-family brick home constructed in 1992. The property features 4,500 square feet of living area, with each of the three apartments offering 1,500 square feet of space. Additionally, there is a 1,500-square-foot finished basement with two separate entrances. Each unit includes three bedrooms and one and a half bathrooms, featuring an open layout with spacious living and dining areas. The apartments have separate meters for gas and electric. The building also includes balconies on the second and third floors. The building dimensions are 30x50, situated on a 40x105 lot. It is located in a quiet area near Emmons Avenue, with proximity to the Belt Parkway, restaurants, and supermarkets. The property can be delivered vacant.
Key Highlights
- Delivered Vacant: Immediate occupancy and rental income potential.
- Large Living Space: 4500 sqft of living area plus a 1500 sqft finished basement.
- Three Spacious Apartments: Each unit features 3 bedrooms, 1.5 baths, and an open layout.
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 | $229.5k | $51.00 |
| − Vacancy | −$4.4k | −$0.97 |
| EGI | $225.1k | $50.03 |
| − OpEx | −$67.5k | −$15.01 |
| NOI | $157.6k | $35.02 |
4,500 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.25M
$1.97M – $2.63M
NOI $157,598 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$1.96M
$1.72M – $2.29M
NOI $137,380 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$3.73M
$3.26M – $4.35M
NOI $260,820 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-family brick home with private driveway near Emmons Avenue.
Where is this triplex located?
The property is located at 2839 Ford St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: Delivered Vacant: Immediate occupancy and rental income potential.; **Large Living Space:** 4500 sqft of living area plus a 1500 sqft finished basement.; **Three Spacious Apartments:** Each unit features 3 bedrooms, 1.5 baths, and an open layout.
