Move-In Ready Brick Single-Family
3116 Avenue R Brooklyn, NY 11234
For Sale
$938,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,500 SF
Lot Size0.03 Acres
Price / SF$625.33
Days on Market21
Property Features for 3116 Avenue R
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3
- Parking features
- Garage
- Patio and Porch features
- Deck
- Interior features
- Central Air - Split, Deck, Dishwasher, Laundry Area, Microwave, Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,500 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6288
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency:
Pride Estates
(718) 569-2888
Listed By:
Danny D. Chung
(718) 569-2888
Added: Jul 6
Changed: Jul 25
Last Checked: Jul 26 at 7:06PM
MLS# 502788
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.
Beautiful, move-in ready one-family brick home in Marine Park at 3116 Avenue R. The home features an 18' x 80' lot with an 18' x 34' building footprint and an approximately 1,500-square-foot layout. On the second floor, you’ll find three bedrooms and a full modern bathroom with subway tiling and a skylight that brings in natural light.
The first floor offers an open living and entertaining flow, including a spacious living room, formal dining room, and a fully equipped kitchen. This level provides direct access to a private outdoor deck. The lower level includes its own separate entrance, a large recreation room, a 3/4 bathroom, a laundry area, and direct access to the attached garage.
Additional updates and conveniences include stainless-steel appliances with a kitchen granite countertop and glass backsplash, plus an efficient split-system cooling setup. The property is located in a residential area zoned R4.
The first floor offers an open living and entertaining flow, including a spacious living room, formal dining room, and a fully equipped kitchen. This level provides direct access to a private outdoor deck. The lower level includes its own separate entrance, a large recreation room, a 3/4 bathroom, a laundry area, and direct access to the attached garage.
Additional updates and conveniences include stainless-steel appliances with a kitchen granite countertop and glass backsplash, plus an efficient split-system cooling setup. The property is located in a residential area zoned R4.
Key Highlights
- One‑family brick home built in 1925 with hardwood and tile flooring and a flat roof
- 18' x 80' lot with an 18' x 34' building footprint
- Second floor: three bedrooms plus a full modern bathroom with subway tile and a skylight
Financial Insights For Apartment 5plus
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 | $85.0k | $56.64 |
| − Vacancy | −$1.7k | −$1.13 |
| EGI | $83.3k | $55.51 |
| − OpEx | −$37.5k | −$24.98 |
| NOI | $45.8k | $30.53 |
1,500 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$654.2K
$572.4K – $763.2K
NOI $45,793 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.24M
$1.09M – $1.45M
NOI $86,940 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - One-family brick residence with deck access, private driveway, attached garage, and split-system cooling.
Where is this single family property located?
The property is located at 3116 Avenue R Brooklyn, NY.
What is the asking price?
The asking price for this property is $938,000.
What are key features of this property?
This property features: One‑family brick home built in 1925 with hardwood and tile flooring and a flat roof; 18' x 80' lot with an 18' x 34' building footprint; Second floor: three bedrooms plus a full modern bathroom with subway tile and a skylight
