Triplex with Detached
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 Market3
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
Bathroom 1, Bedroom 7, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 8
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
balcony
laundry
garage
Building Details
Year built
1925
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Brick
Architectural style
Other
Buildings
1
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Daniel A. Gonzalez · License #10401393595
(718) 840-2100
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 5 at 1:06PM
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 two apartments on the first floor and a three-bedroom residence above. The building has approximately 3,038 square feet, with parquet flooring, crown molding, a balcony, and a window-surrounded living area. The eat-in kitchen includes a double wall oven, gas cooktop, and dishwasher. A full basement provides laundry and storage space; the interiors are ready for updates. Exterior features include a detached garage, two driveways, and outdoor space.
Located in the gated Sea Gate community, the property is near a residents-only beach, playgrounds, and a dog park. The Coney Island boardwalk, dining, and shopping are described as minutes away. The three-unit arrangement can remain intact, or the first-floor apartments can be combined; the source also describes a potential single-family conversion.
Located in the gated Sea Gate community, the property is near a residents-only beach, playgrounds, and a dog park. The Coney Island boardwalk, dining, and shopping are described as minutes away. The three-unit arrangement can remain intact, or the first-floor apartments can be combined; the source also describes a potential single-family conversion.
Key Highlights
- Three‑unit brick residence with two first‑floor apartments and an upper‑level three‑bedroom unit
- Approximately 3,038 square feet on an approximately 6,344‑square‑foot lot
- Detached garage and two driveways
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 brick apartments provide rental or owner-occupant configurations within a gated residential community.
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: Three‑unit brick residence with two first‑floor apartments and an upper‑level three‑bedroom unit; Approximately 3,038 square feet on an approximately 6,344‑square‑foot lot; Detached garage and two driveways
