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Three-Unit Residential Triplex
New
For Sale
$945,000

2858 Brighton 3rd Street, Brooklyn, NY 11235

Residential, Brooklyn, NY

Property Size1,800 SF
Lot Size0.04 Acres
Price / SF$525
Days on Market2

Property Features for 2858 Brighton 3rd Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 3
Interior features Refrigerator, Stove
Basement Finished
Subdivision Brighton Beach
Standard status Active
Size 1,800 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 5309

Building Details

Year built 1901
Floors in Building 2
Number of units 3
Flooring type Hardwood, Ceramic
Building materials Wood Frame
Roof type Flat
Listing Agency: Real Broker NY LLC
Listed By: Eddie Anwar Arib
Added: Oct 6 Last Checked: Oct 7 at 1:06PM
MLS# 505115

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 1,800-square-foot wood-frame triplex was built in 1901 and sits on a 0.0367-acre lot. Its three apartments include one three-bedroom unit and two one-bedroom units. Each apartment has its own boiler and water heater. The building also has a semi-finished basement with a separate entrance, updated electrical and plumbing systems, hardwood and ceramic flooring, and a flat roof.

All three apartments are occupied, with no leases in place. The property is zoned R6 and is near subway and bus service, schools, shopping, Ocean Parkway, and the Brighton Beach boardwalk.

Key Highlights

  • Three apartments: one three‑bedroom unit and two one‑bedroom units
  • All three apartments are occupied; no leases are in place
  • Each unit has a separate boiler and water heater

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,039
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,260,780 $1.3M
Cap Rate 7%
$900,557 $900.6K
Cap Rate 9%
$700,433 $700.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$91.8K $51.00/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$90.1K $50.03/SF
− OpEx
−$27.0K −$15.01/SF
NOI
$63.0K $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%
$1,260,780
Cap Rate 7%
$900,557
Cap Rate 9%
$700,433

Alternative Uses

Best Use
Multifamily LT 5
$900.6K
$788.0K – $1.05M (±1% cap)
NOI $63,039 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$785.0K
$686.9K – $915.9K (±1% cap)
NOI $54,952 @ 7.0% cap · market cap 5.82%
Theoretical Best
Specialty Retail
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,328 @ 7.0% cap · market cap 11.04%
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 Catering Service Nursing Home HVAC Service (Bike/Boat/Book/etc) Store

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,539
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 - The unit mix comprises a three-bedroom apartment and two one-bedroom apartments, all occupied without leases.
Where is this triplex located?
The property is located at 2858 Brighton 3rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Three apartments: one three‑bedroom unit and two one‑bedroom units; All three apartments are occupied; no leases are in place; Each unit has a separate boiler and water heater
More about this property
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