Triplex with Private
For Sale
$2,749,888
37 Jewel Street, Brooklyn, NY 11222
Three free-market apartments and a full basement provide a flexible residential configuration in an R6B-zoned property.
Property Size2,600 SF
Lot Size0.04 Acres
Price / SF$1,057
Days on Market9
Property Features for 37 Jewel Street
General Information
Standard status
Active
Size
2,600 SF
Lot size
0.04 Acres
Property subtype
Triplex
Zoning
R6B
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,981
Amenities
private backyard
Building Details
Building Size
2,600 SF
Year Built
1901
Buildings
1
Listing Agency:
Exit All Seasons Realty
Listed By:
Nicola Bajor · License #10401375741
(347) 383-3303
Source:
Serhant
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 7 at 5:49PM
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 Exit All Seasons Realty
Investment Insights
Based on property information with market context.
This 1901 triplex contains three free-market apartments across approximately 2,600+ sq. ft. The property also includes a full basement and an 834 sq. ft. private backyard. Its lot measures 16.75' x 100', and the zoning is R6B.
The property is three blocks from the G train at Nassau Avenue, with McGolrick Park and McCarren Park also nearby. The BQE and neighborhood businesses, including Oxomoco, Five Leaves, and Variety Coffee, are among the nearby destinations.
The property is three blocks from the G train at Nassau Avenue, with McGolrick Park and McCarren Park also nearby. The BQE and neighborhood businesses, including Oxomoco, Five Leaves, and Variety Coffee, are among the nearby destinations.
Key Highlights
- Three free‑market apartments in a 1901 building
- Approximately 2,600+ sq. ft. on a 16.75' x 100' lot
- 834 sq. ft. private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,056
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,821,120
$1.8M
Cap Rate 7%
$1,300,800
$1.3M
Cap Rate 9%
$1,011,733
$1.0M
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$132.6K $51.00/SF
− Vacancy
−$2.5K −$0.97/SF
EGI
$130.1K $50.03/SF
− OpEx
−$39.0K −$15.01/SF
NOI
$91.1K $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%
$1,821,120
Cap Rate 7%
$1,300,800
Cap Rate 9%
$1,011,733
Alternative Uses
Best Use
Multifamily LT 5
$1.30M
$1.14M – $1.52M
NOI $91,056 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$1.13M
$992.2K – $1.32M
NOI $79,375 @ 7.0% cap · market cap 2.89%
Theoretical Best
Specialty Retail
$2.15M
$1.88M – $2.51M
NOI $150,696 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,970
Businesses Nearby
Explore this area
Business Placement
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three free-market apartments and a full basement provide a flexible residential configuration in an R6B-zoned property.
Where is this triplex located?
The property is located at 37 Jewel Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,749,888.
What are key features of this property?
This property features: Three free‑market apartments in a 1901 building; Approximately 2,600+ sq. ft. on a 16.75' x 100' lot; 834 sq. ft. private backyard
