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Brick Triplex with Finished Basement
For Sale
$2,275,000

2839 Ford Street, Brooklyn, NY 11235

Residential, Brooklyn, NY

Property Size4,500 SF
Lot Size0.10 Acres
Price / SF$505.56
Days on Market490

Property Features for 2839 Ford Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4-1
Bedrooms 9
Bathrooms 7
Full bathrooms 3
Half bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 2, Bathroom 5, Bedroom 7, Bedroom 2, Bathroom 7, Bedroom 6, Bedroom 4, Bathroom 4, Bedroom 9, Bedroom 5, Bedroom 8, Bathroom 1
Patio and Porch features Deck, Porch, Patio
Interior features A/C Unit, A/C Unit - Wall, Deck, Dishwasher, Dryer, Laundry Area, Microwave, Patio Garden, Porch, Refrigerator, Terrace, Washer, Window Treatments
Basement Finished, Full
Subdivision Sheepshead Bay
Standard status Active
Size 4,500 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 9720

Amenities

balconies

Building Details

Year built 1992
Floors in Building 3
Number of units 3
Flooring type Hardwood
Building materials Block, Brick
Roof type Shingle
Listing Agency: A P Services Inc
Listed By: Aliaksei A. (Alex) Palaukou · License #AP8095
Added: Jun 7, 2025 Changed: Sep 16 Last Checked: Oct 9 at 2:06AM
MLS# 493271

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.

Investment Insights

Based on property information with market context.

This 1992 brick triplex contains 4,500 square feet of living area across three apartments, with approximately 1,500 square feet per unit. Each residence offers three bedrooms, one and a half baths, and an open arrangement combining living and dining areas. A 1,500-square-foot fully finished basement includes two separate entrances. Balconies serve the second- and third-floor apartments, while hardwood flooring, air-conditioning units, laundry equipment, and kitchen appliances are included among the interior features.

The property sits on a 0.0964-acre lot measuring 40 by 105 feet and includes a 30-by-50-foot building footprint. A private driveway provides parking for multiple vehicles. Gas and electric service is separately metered for each apartment. The home is near Emmons Ave, Belt Pkwy, restaurants, and supermarkets, and it can be delivered vacant. R4-1 zoning applies.

Key Highlights

  • Three‑family brick building constructed in 1992
  • 4,500 square feet of living area across three apartments
  • Each apartment includes 3 bedrooms and 1.5 baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$157,598
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,151,960 $3.2M
Cap Rate 7%
$2,251,400 $2.3M
Cap Rate 9%
$1,751,089 $1.8M
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$229.5K $51.00/SF
− Vacancy
−$4.4K −$0.97/SF
EGI
$225.1K $50.03/SF
− OpEx
−$67.5K −$15.01/SF
NOI
$157.6K $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%
$3,151,960
Cap Rate 7%
$2,251,400
Cap Rate 9%
$1,751,089

Alternative Uses

Best Use
Multifamily LT 5
$2.25M
$1.97M – $2.63M (±1% cap)
NOI $157,598 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$1.96M
$1.72M – $2.29M (±1% cap)
NOI $137,380 @ 7.0% cap · market cap 6.04%
Theoretical Best
Specialty Retail
$3.73M
$3.26M – $4.35M (±1% cap)
NOI $260,820 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Catering Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,124
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered apartments offer flexible residential income use with balconies, outdoor areas, and dedicated parking access.
Where is this triplex located?
The property is located at 2839 Ford Street 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: Three‑family brick building constructed in 1992; 4,500 square feet of living area across three apartments; Each apartment includes 3 bedrooms and 1.5 baths
More about this property
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