Legal Three-Family Townhouse
383 KOSCIUSZKO St Brooklyn, NY 11221
For Sale
$1,750,000
Legal three-family townhouse with three-bedroom, one-bath units on top and garden levels plus parlor-level design flexibility.
Property Size3,519 SF
Price / SF$497.30
Days on Market8
Property Features for 383 KOSCIUSZKO St
General Information
- Standard status
- Active
- Size
- 3,519 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1899
Listing Agency:
(718) 938-7308
Listed By:
Abigail Palanca
(718) 938-7308
Source:
Elliman
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 26 at 10:26AM
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 Abigail Palanca
Investment Insights
Based on property information with market context.
This legal three-family townhouse offers a flexible interior layout for a range of living and income scenarios. The top and garden levels each feature three-bedroom, one-bath configurations, while the parlor floor presents additional space that can be designed to fit your needs. The property sits on an exceptionally wide 19.25-foot lot and includes approximately 3,519 square feet, along with more than 2,100 square feet of untapped buildable potential for reconfiguration or expansion.
Located in Bed-Stuy on a tree-lined block, the home is described as walkable with a 92 Walk Score and very bikeable with an 87 Bike Score. The transit score is listed at 96 (Rider’s Paradise), with the J, M, and Z trains nearby and convenient access to the G train for commuting within Brooklyn and Manhattan.
The overall configuration supports maintaining the three residences as an income-producing property or reworking the layout to create an owner’s duplex while keeping rental income in place.
Located in Bed-Stuy on a tree-lined block, the home is described as walkable with a 92 Walk Score and very bikeable with an 87 Bike Score. The transit score is listed at 96 (Rider’s Paradise), with the J, M, and Z trains nearby and convenient access to the G train for commuting within Brooklyn and Manhattan.
The overall configuration supports maintaining the three residences as an income-producing property or reworking the layout to create an owner’s duplex while keeping rental income in place.
Key Highlights
- Legal three‑family townhouse on a 19.25‑foot wide lot with approximately 3,519 sq ft
- Top and garden levels each feature a 3‑bedroom, 1‑bath layout
- Parlor‑floor level offers design flexibility for your preferred home layout
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 | $179.5k | $51.00 |
| − Vacancy | −$3.4k | −$0.97 |
| EGI | $176.1k | $50.03 |
| − OpEx | −$52.8k | −$15.01 |
| NOI | $123.2k | $35.02 |
3,519 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.76M
$1.54M – $2.05M
NOI $123,241 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$1.53M
$1.34M – $1.79M
NOI $107,431 @ 7.0% cap · market cap 6.14%
Theoretical Best
Specialty Retail
$2.91M
$2.55M – $3.40M
NOI $203,961 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fi Electrical
Electrical Service
FAQs
What type of property is this?
Triplex - Legal three-family townhouse with three-bedroom, one-bath units on top and garden levels plus parlor-level design flexibility.
Where is this triplex located?
The property is located at 383 KOSCIUSZKO St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Legal three‑family townhouse on a 19.25‑foot wide lot with approximately 3,519 sq ft; Top and garden levels each feature a 3‑bedroom, 1‑bath layout; Parlor‑floor level offers design flexibility for your preferred home layout
