Three-Unit Brick Building with
For Sale
$1,249,000
326 39th Street, Brooklyn, NY 11232
Residential, Brooklyn, NY
Property Size2,350 SF
Lot Size0.04 Acres
Price / SF$531.49
Days on Market12
Property Features for 326 39th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
M1-2
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Interior features
Stove
Basement
Full
Subdivision
Sunset Park
Standard status
Active
Size
2,350 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
4338
Amenities
private rear yard
Building Details
Year built
1910
Floors in Building
3
Number of units
3
Flooring type
Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Real Estate Professiona
(718) 532-2000
Listed By:
Billy Apter · License #BEA5721
(347) 721-6599
Added: Sep 25
Changed: Oct 4
Last Checked: Oct 6 at 5:06AM
MLS# 504881
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.
At 326 39th Street in Brooklyn, this three-story brick triplex contains 2,350 square feet. Its three full-floor apartments each have two bedrooms, one bathroom, an eat-in kitchen, and a living room. Hardwood flooring and a stove are among the interior features.
The property includes a full basement, a private rear yard, and a 0.0377-acre lot. Built in 1910, the building is zoned M1-2.
The property includes a full basement, a private rear yard, and a 0.0377-acre lot. Built in 1910, the building is zoned M1-2.
Key Highlights
- Three full‑floor apartments, each with 2 bedrooms and 1 bathroom
- 2,350 square feet in a three‑story brick building
- 0.0377‑acre lot with a private rear yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,301
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,646,020
$1.6M
Cap Rate 7%
$1,175,729
$1.2M
Cap Rate 9%
$914,456
$914.5K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$119.9K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$117.6K $50.03/SF
− OpEx
−$35.3K −$15.01/SF
NOI
$82.3K $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%
$1,646,020
Cap Rate 7%
$1,175,729
Cap Rate 9%
$914,456
Alternative Uses
Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.37M
NOI $82,301 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$1.02M
$896.8K – $1.20M
NOI $71,743 @ 7.0% cap · market cap 5.74%
Theoretical Best
Specialty Retail
$1.95M
$1.70M – $2.27M
NOI $136,206 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,110
Businesses Nearby
Explore this area
Business Placement
Demographics for 11232, NY
30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Each residence occupies a full floor and includes an eat-in kitchen, living room, and flexible bedroom arrangement.
Where is this triplex located?
The property is located at 326 39th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Three full‑floor apartments, each with 2 bedrooms and 1 bathroom; 2,350 square feet in a three‑story brick building; 0.0377‑acre lot with a private rear yard
