Renovated Detached
For Sale
$1,288,000
3013 Brighton 5th Street, Brooklyn, NY 11235
Residential, Brooklyn, NY
Property Size2,514 SF
Lot Size0.06 Acres
Price / SF$512.33
Days on Market8
Property Features for 3013 Brighton 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
9
Bathrooms
6
Rooms
Bedroom 8, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 6, Bathroom 1, Bedroom 7, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 9
Interior features
Central Air - Split, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Brighton Beach
Standard status
Active
Size
2,514 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
13195
Amenities
private yard
Building Details
Year built
1932
Floors in Building
2
Number of units
4
Flooring type
Hardwood, Tile
Building materials
Block
Listing Agency:
Century 21 Homefront Realty
(718) 252-6060
Listed By:
Delton Cheng · License #31CH0928260
(718) 514-1720
Added: Aug 31
Changed: Sep 5
Last Checked: Sep 7 at 11:06AM
MLS# 504161
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 fully detached quadplex contains 2,514 square feet and is currently vacant. The first floor includes two one-bedroom residences with front and rear placement, while the second floor contains a four-bedroom apartment. A three-bedroom residence occupies the lower level, creating a four-unit configuration with varied layouts. Renovations include new electrical wiring and plumbing, a new roof, upgraded stucco siding, energy-efficient windows, custom kitchens, and updated bathrooms. Split-system heating and cooling provides year-round climate control, with tile and hardwood flooring used throughout.
The property sits on 0.0612 acres and includes a shared driveway, rear parking, and a private yard. It is zoned R6 and located near restaurants, cafes, shops, gyms, medical offices, and public transportation, including the B1 and B68 bus lines and B and Q trains. Brighton Beach is also nearby.
The property sits on 0.0612 acres and includes a shared driveway, rear parking, and a private yard. It is zoned R6 and located near restaurants, cafes, shops, gyms, medical offices, and public transportation, including the B1 and B68 bus lines and B and Q trains. Brighton Beach is also nearby.
Key Highlights
- Four‑unit layout with two one‑bedroom residences, one four‑bedroom apartment, and one three‑bedroom residence
- 2,514 square feet on a 0.0612‑acre lot
- Fully detached property with shared driveway, rear parking, and private yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$88,045
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,760,900
$1.8M
Cap Rate 7%
$1,257,786
$1.3M
Cap Rate 9%
$978,278
$978.3K
Market Conditions
NOI Build-Up for 2,514 SF
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.
Gross rent
$128.2K $51.00/SF
− Vacancy
−$2.4K −$0.97/SF
EGI
$125.8K $50.03/SF
− OpEx
−$37.7K −$15.01/SF
NOI
$88.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,760,900
Cap Rate 7%
$1,257,786
Cap Rate 9%
$978,278
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,045 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$1.10M
$959.4K – $1.28M
NOI $76,750 @ 7.0% cap · market cap 5.96%
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.43M
NOI $145,711 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,872
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Vacant four-unit property with updated systems, private outdoor space, and R6 zoning 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 $1,288,000.
What are key features of this property?
This property features: Four‑unit layout with two one‑bedroom residences, one four‑bedroom apartment, and one three‑bedroom residence; 2,514 square feet on a 0.0612‑acre lot; Fully detached property with shared driveway, rear parking, and private yard
