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Renovated Multifamily Property in Brooklyn

3013 Brighton 5th Street Brooklyn, NY 11235

3013 Brighton 5th Street, Brooklyn, NY, 11235
$1,388,000
For Sale
$1,388,000

MULTI_FAMILY - Brooklyn, NY

Property Size2,514 SF
Lot Size0.06 Acres
Price / SF$552.11
Days on Market76

Property Features for 3013 Brighton 5th Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R6
Bedrooms
9
Bathrooms
4
Rooms
Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
Interior features
Central Air - Split, Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
2,514 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
13195

Building Details

Year built
1932
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
Block
Architectural style
Other
Listing Agency Century 21 Homefront Realty
3048 Nostrand Avenue, Brooklyn, NY
Listed by Delton Cheng · License #31CH0928260
Added: May 2 Checked: Jul 16 at 11:06 pm
MLS# 501061 Listing URL

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 is a fully detached Class C5 multi-family property located in Brooklyn, New York, within an R6 zoning district. The property has been completely renovated and is delivered fully vacant. The layout includes two one-bedroom units on the first floor, each with a three-room configuration. The second level features a four-bedroom apartment, and the lower level contains a three-bedroom residence with an open-concept floorplan. The property is projected to generate approximately $130,000 annually. Property features include a newly installed roof, upgraded stucco siding, and energy-efficient windows. The property also includes custom kitchens and bathrooms, new electrical wiring and plumbing, and modern, energy-efficient mini-split heating and cooling systems. Additional features include a shared driveway with rear parking and a private yard. The property is conveniently located near restaurants, cafes, shops, gyms, medical offices, and transportation options, including the B1 and B68 bus lines, as well as the B and Q trains, with close proximity to Brighton Beach. The lot size is 0.0612 acres and the property size is 2514 square feet.

Key Highlights

  • Fully detached Class C5 multi‑family in R6 zoning with 2 one‑bedroom units plus a full 4‑bedroom apartment and a 3‑bedroom residence
  • Delivered completely renovated and fully vacant for immediate occupancy or investment positioning
  • New roof, upgraded stucco siding, and energy‑efficient windows, with new electrical wiring and plumbing

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 $128.2k $51.00
− Vacancy −$2.4k −$0.97
EGI $125.8k $50.03
− OpEx −$37.7k −$15.01
NOI $88.0k $35.02
2,514 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,045 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$1.10M
$959.4K – $1.28M (±1% cap)
NOI $76,750 @ 7.0% cap · market cap 5.53%
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.43M (±1% cap)
NOI $145,711 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Catering Service Hotel & Motel Nursing Home Garden Center HVAC Service Nursing Home (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Fully renovated, vacant multifamily property with income potential in Brooklyn.
Where is this quadplex located?
The property is located at 3013 Brighton 5th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Fully detached Class C5 multi‑family in R6 zoning with 2 one‑bedroom units plus a full 4‑bedroom apartment and a 3‑bedroom residence; Delivered completely renovated and fully vacant for immediate occupancy or investment positioning; New roof, upgraded stucco siding, and energy‑efficient windows, with new electrical wiring and plumbing
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