Triplex With
New
For Sale
$1,300,000
332 39th Street, Brooklyn, NY 11232
Residential, Brooklyn, NY
Property Size1,440 SF
Lot Size0.04 Acres
Price / SF$902.78
Days on Market3
Property Features for 332 39th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
M1-2
Bedrooms
11
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 11, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 8, Bedroom 9, Bedroom 4, Bathroom 1, Bedroom 10, Bedroom 1, Bathroom 3
Interior features
Refrigerator, Stove
Basement
Finished
Subdivision
Sunset Park
Standard status
Active
Size
1,440 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2901
Amenities
backyard
Building Details
Year built
1910
Floors in Building
3
Number of units
3
Flooring type
Hardwood, Tile
Roof type
Flat
Listing Agency:
Tiger Realty
Listed By:
Qi Weng
(917) 708-9966
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 22 at 1:06AM
MLS# 505501
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.
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Investment Insights
Based on property information with market context.
This 1,440-square-foot triplex was built in 1910 and sits on a 0.0389-acre lot. The first floor has a 5-foot extension, and the property includes a backyard. Interior features include a refrigerator and stove, with hardwood and tile flooring.
The property is a short distance from the 36th Street D, N and R subway station, Costco and Industry City. Zoning is M1-2.
The property is a short distance from the 36th Street D, N and R subway station, Costco and Industry City. Zoning is M1-2.
Key Highlights
- Three‑family property with 1,440 square feet of building area
- 0.0389‑acre lot with a backyard
- First‑floor extension measures 5 feet
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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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,110
Businesses Nearby
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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 - Three-family layout includes a ground-floor extension and outdoor space.
Where is this triplex located?
The property is located at 332 39th Street 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 with 1,440 square feet of building area; 0.0389‑acre lot with a backyard; First‑floor extension measures 5 feet
