Triplex with Large
New
For Sale
$1,300,000
332 39th St, Brooklyn, NY 11232
An expanded first floor and generous rear yard add useful space to this three-family residence.
Property Size1,440 SF
Days on Market2
Property Features for 332 39th St
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Multi Family
Additional Details
Public Transit
Yes
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,901
Building Details
Building Size
1,440 SF
Year Built
1910
Stories
3
Listing Agency:
Tiger Realty
Listed By:
Qi Weng
(917) 708-9966
Source:
Elliman
Added: Oct 23
Last Checked: Oct 23 at 4:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
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Investment Insights
Based on property information with market context.
This three-family property in Brooklyn was built in 1910 and includes a 5-foot first-floor extension and a large backyard. The property is located near the 36th Street D, N and R subway station, Costco and Industry City. Its walk score is 95, bike score is 58 and transit score is 89.
Key Highlights
- Three‑family property built in 1910
- First‑floor extension measures 5 feet
- Large backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,431
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,008,620
$1.0M
Cap Rate 7%
$720,443
$720.4K
Cap Rate 9%
$560,344
$560.3K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$73.4K $51.00/SF
− Vacancy
−$1.4K −$0.97/SF
EGI
$72.0K $50.03/SF
− OpEx
−$21.6K −$15.01/SF
NOI
$50.4K $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%
$1,008,620
Cap Rate 7%
$720,443
Cap Rate 9%
$560,344
Alternative Uses
Best Use
Multifamily LT 5
$720.4K
$630.4K – $840.5K
NOI $50,431 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$628.0K
$549.5K – $732.7K
NOI $43,962 @ 7.0% cap · market cap 3.38%
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,462 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - An expanded first floor and generous rear yard add useful space to this three-family residence.
Where is this triplex located?
The property is located at 332 39th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Three‑family property built in 1910; First‑floor extension measures 5 feet; Large backyard
