Three-Unit Townhouse with Private
For Sale
$3,580,000
360 S 3RD ST, Brooklyn, NY 11211
Residential Income, Brooklyn, NY
Property Size4,960 SF
Lot Size0.05 Acres
Price / SF$721.77
Days on Market145
Property Features for 360 S 3RD ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 6, Bathroom 4, Bathroom 7, Bedroom 5, Bathroom 5, Bedroom 3, Bedroom 1, Bathroom 6, Bedroom 7, Bathroom 1, Bedroom 2, Laundry Room, Bathroom 3, Bedroom 4, Bathroom 2
Parking features
Carport
Subdivision
Southside
Directions
Three blocks from the Hewes St M & J train stop, three blocks from the Williamsburg Bridge, and seven blocks from the Lorimer L train stop.
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
Amenities
shared rooftop
private balconies
fully finished basement
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
(718) 381-7715
Added: Jun 4
Changed: Oct 20
Last Checked: Oct 26 at 6:06AM
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.
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Investment Insights
Based on property information with market context.
This legal three-family townhouse contains approximately 4,960 square feet and was built in 2000, with renovation and expansion completed in 2011. The first and second floors each offer a two-bedroom, two-bathroom apartment with an open kitchen and large living room; the second-floor unit also includes a private balcony. The third and fourth floors form a three-bedroom, four-bathroom duplex with another private balcony. Shared amenities include rooftop access, a fully finished basement, and a gated driveway with parking for up to three vehicles.
The property is located at 360 S 3RD ST in Brooklyn, three blocks from the Hewes Street M & J trains and the Williamsburg Bridge, and seven blocks from the Lorimer Street L train. Public water service, hardwood flooring, hot-water baseboard heating, natural gas, and a rubber roof are reported.
The property is located at 360 S 3RD ST in Brooklyn, three blocks from the Hewes Street M & J trains and the Williamsburg Bridge, and seven blocks from the Lorimer Street L train. Public water service, hardwood flooring, hot-water baseboard heating, natural gas, and a rubber roof are reported.
Key Highlights
- Legal three‑family townhouse with approximately 4,960 square feet
- Unit layout includes two 2‑bedroom, 2‑bathroom apartments and a 3‑bedroom, 4‑bathroom duplex
- Renovated and expanded in 2011 after construction in 2000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$173,708
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,474,160
$3.5M
Cap Rate 7%
$2,481,543
$2.5M
Cap Rate 9%
$1,930,089
$1.9M
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$253.0K $51.00/SF
− Vacancy
−$4.8K −$0.97/SF
EGI
$248.2K $50.03/SF
− OpEx
−$74.4K −$15.01/SF
NOI
$173.7K $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%
$3,474,160
Cap Rate 7%
$2,481,543
Cap Rate 9%
$1,930,089
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.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
8,875
Businesses Nearby
Explore this area
Business Placement
Demographics for 11211, NY
68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
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
Frequently Asked Questions
What type of property is this?
Triplex - Legal income property with private balconies, shared rooftop access, and a gated driveway.
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 townhouse with approximately 4,960 square feet; Unit layout includes two 2‑bedroom, 2‑bathroom apartments and a 3‑bedroom, 4‑bathroom duplex; Renovated and expanded in 2011 after construction in 2000
