Single-Family Home with
3217 Avenue S Brooklyn, NY 11234
3217 Avenue S, Brooklyn, NY, 11234
$778,000
For Sale
$778,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,146 SF
Lot Size0.04 Acres
Price / SF$678.88
Days on Market14
Property Features for 3217 Avenue S
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
- Parking features
- Carport
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 1,146 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1966
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Hardwood
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
MadisonEstates Sothebys Realty
(718) 645-1665
2922 Avenue R, Brooklyn, NY
Listed by
Charles D'Alessandro
(718) 645-1665
Added: Jul 6 Checked: Jul 19 at 4:06 am
MLS# 502819
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 well-maintained single-family home offers three spacious bedrooms and 1.5 bathrooms, with an open-concept kitchen and dining area suited for everyday living and entertaining. The first floor includes a convenient laundry room plus additional office or flex space. A full semi-finished basement provides extra recreation space and ample storage.
Located at 3217 Avenue S in Marine Park, the home is described as being minutes from Marine Park’s tennis courts, playgrounds, and the Carmine Carro Community Center. The property is zoned R4 and includes private parking with a covered carport.
Located at 3217 Avenue S in Marine Park, the home is described as being minutes from Marine Park’s tennis courts, playgrounds, and the Carmine Carro Community Center. The property is zoned R4 and includes private parking with a covered carport.
Key Highlights
- 3‑bedroom home with 1.5 bathrooms and an open‑concept kitchen and dining area
- First‑floor laundry room plus additional office or flex space
- Semi‑finished basement with extra recreation and storage space
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 | $58.4k | $51.00 |
| − Vacancy | −$1.1k | −$0.97 |
| EGI | $57.3k | $50.03 |
| − OpEx | −$17.2k | −$15.01 |
| NOI | $40.1k | $35.02 |
1,146 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$573.4K
$501.7K – $668.9K
NOI $40,135 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$499.8K
$437.3K – $583.1K
NOI $34,986 @ 7.0% cap · market cap 4.50%
Theoretical Best
Specialty Retail
$948.9K
$830.3K – $1.11M
NOI $66,422 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained 3-bedroom home with 1.5 baths, open kitchen-dining area, laundry, semi-finished basement, and covered carport parking.
Where is this duplex located?
The property is located at 3217 Avenue S Brooklyn, NY.
What is the asking price?
The asking price for this property is $778,000.
What are key features of this property?
This property features: 3‑bedroom home with 1.5 bathrooms and an open‑concept kitchen and dining area; First‑floor laundry room plus additional office or flex space; Semi‑finished basement with extra recreation and storage space
