Brick Three-Unit Residential
New
For Sale
$1,199,999
4013 Manhattan Avenue, Brooklyn, NY 11224
Residential, Triplex, Brooklyn, NY
Property Size3,038 SF
Lot Size0.15 Acres
Price / SF$394
Days on Market1
Property Features for 4013 Manhattan Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R3-1
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 7, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 8, Bedroom 6
Parking features
Garage - Detached
Interior features
A/C Unit - Window, Laundry Area
Basement
Unfinished
Subdivision
Seagate
Standard status
Active
Size
3,038 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
7000
Amenities
landscaped front garden
detached garage
balcony
laundry
gated entrances
residents-only beach
playgrounds
dog park
Building Details
Year built
1925
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Brick
Architectural style
Other
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Daniel A. Gonzalez · License #10401393595
(718) 840-2100
Added: Nov 3
Last Checked: Nov 3 at 10:06PM
MLS# 505811
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This detached brick triplex contains approximately 3,038 square feet on a 6,344-square-foot lot. Two apartments occupy the first floor, while the upper level is configured as a three-bedroom residence. Interior features include parquet flooring, crown molding, a balcony, and a full basement with laundry. The eat-in kitchen has a double wall oven, gas cooktop, and dishwasher. The property was built in 1925 and is zoned R3-1.
Outdoor features include a landscaped front garden, two driveways, a detached garage, and additional yard space. The home is located within the gated Sea Gate community, which has a residents-only beach, playgrounds, a dog park, and its own police department. Coney Island boardwalk, dining, and shopping are also nearby.
Outdoor features include a landscaped front garden, two driveways, a detached garage, and additional yard space. The home is located within the gated Sea Gate community, which has a residents-only beach, playgrounds, a dog park, and its own police department. Coney Island boardwalk, dining, and shopping are also nearby.
Key Highlights
- Detached brick triplex with 3,038 square feet on a 6,344‑square‑foot lot
- Two first‑floor apartments and an upper‑level three‑bedroom residence
- R3‑1 zoning; built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,396
Cap Rate
8.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,127,920
$2.1M
Cap Rate 7%
$1,519,943
$1.5M
Cap Rate 9%
$1,182,178
$1.2M
Market Conditions
NOI Build-Up for 3,038 SF
Gross rent
$154.9K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$152.0K $50.03/SF
− OpEx
−$45.6K −$15.01/SF
NOI
$106.4K $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%
$2,127,920
Cap Rate 7%
$1,519,943
Cap Rate 9%
$1,182,178
Alternative Uses
Best Use
Multifamily LT 5
$1.52M
$1.33M – $1.77M
NOI $106,396 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$1.32M
$1.16M – $1.55M
NOI $92,747 @ 7.0% cap · market cap 7.73%
Theoretical Best
Specialty Retail
$2.52M
$2.20M – $2.93M
NOI $176,082 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 11224, NY
46,019
Population
21,354
Households
2.2
Avg Household Size
46
Median Age
33%
College-Educated
82%
High-School Grad
1.6 sq mi
ZIP Area
28,762
Density / Sq Mi
$41,449
Median Household Income
$41,233
Median Earnings
$905
Median Rent
$512,900
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
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments are arranged across two floors, with a full basement and separate detached garage.
Where is this triplex located?
The property is located at 4013 Manhattan Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Detached brick triplex with 3,038 square feet on a 6,344‑square‑foot lot; Two first‑floor apartments and an upper‑level three‑bedroom residence; R3‑1 zoning; built in 1925
