Legal Three-Family Brick
360 S 3RD ST Brooklyn, NY 11211
For Sale
$3,580,000
MULTI_FAMILY - Other - Brooklyn, NY
Property Size4,960 SF
Lot Size0.05 Acres
Price / SF$721.77
Days on Market54
Property Features for 360 S 3RD ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
7
Rooms
Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 6, Laundry Room, Bathroom 3, Bathroom 5, Bedroom 7, Bathroom 6, Bedroom 5, Bathroom 7, Bathroom 2, Bedroom 4, Bedroom 3
Parking features
Carport
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
8932
Utilities
Heating system
Natural Gas, Hot Water(Heating), Baseboard
Water source
Public
Building Details
Year built
2000
Floors in Building
4
Flooring type
Hardwood
Building materials
Masonite
Roof type
Rubber
Architectural style
Other
Listing Agency:
TRADEMARKO REALTY INC
(718) 502-5141
Listed By:
Peter Nowik · License #10401329596
(718) 381-7715
Added: Jun 4
Changed: Jul 22
Last Checked: Jul 27 at 7:06PM
MLS# 11800990
Copyright © 2026 My State MLS. 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 legal three-family brick townhouse was built in 2000 and renovated and expanded in 2011. The property totals approximately 4,960 square feet and includes an additional upward extension of about 1,200 square feet, creating flexible living space. The first floor features a two-bedroom, two-bath layout with a large living room and an open kitchen. The second floor is similarly configured with two bedrooms, two bathrooms, a large living room and an open kitchen, plus a private balcony. The third and fourth floors operate as a duplex with three bedrooms, four bathrooms, expansive living areas, and a private balcony. A shared rooftop accessed via a common hallway provides outdoor space. The fully finished basement can support storage or additional functional use.
The property includes a gated private driveway with off-street parking for up to three vehicles. Located in Brooklyn, it is described as being near the Hewes Street M and J subway lines, the Williamsburg Bridge, and the Lorimer Street L train.
Photographs are staged and may include virtual furniture and some extra light fixtures; a virtual tour link is available upon request to view additional actual images.
The property includes a gated private driveway with off-street parking for up to three vehicles. Located in Brooklyn, it is described as being near the Hewes Street M and J subway lines, the Williamsburg Bridge, and the Lorimer Street L train.
Photographs are staged and may include virtual furniture and some extra light fixtures; a virtual tour link is available upon request to view additional actual images.
Key Highlights
- Legal three‑family brick townhouse built in 2000 with a reported 4,960 SF total living area
- 2011 renovations and expansion included an upward extension adding approximately 1,200 SF for added space
- Up to 3 off‑street vehicles with a gated private driveway and carport parking
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 | $253.0k | $51.00 |
| − Vacancy | −$4.8k | −$0.97 |
| EGI | $248.2k | $50.03 |
| − OpEx | −$74.4k | −$15.01 |
| NOI | $173.7k | $35.02 |
4,960 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.48M
$2.17M – $2.90M
NOI $173,708 @ 7.0% cap · market cap 4.85%
Second Best
Apartment 5plus
$2.16M
$1.89M – $2.52M
NOI $151,424 @ 7.0% cap · market cap 4.23%
Theoretical Best
Specialty Retail
$4.11M
$3.59M – $4.79M
NOI $287,482 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Built in 2000 with renovations and expansion in 2011, this legal three-family brick townhouse includes private balconies and off-street parking.
Where is this triplex located?
The property is located at 360 S 3RD ST Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,580,000.
What are key features of this property?
This property features: Legal three‑family brick townhouse built in 2000 with a reported 4,960 SF total living area; 2011 renovations and expansion included an upward extension adding approximately 1,200 SF for added space; Up to 3 off‑street vehicles with a gated private driveway and carport parking
