Well-Maintained Brooklyn Triplex For
For Sale
$900,000
Pending
42 Autumn Avenue, Brooklyn, NY 11208
Three-unit property near Brooklyn/Queens border, ideal for investment.
Property Size2,680 SF
Days on Market182
Property Features for 42 Autumn Avenue
General Information
Standard status
Pending
Size
2,680 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$7,512
Amenities
Baseboard
No, Square Feet
Finished, Full, Walk-Out Access, Yes
1st Floor Bedrm, First Floor Full Bath, Public
First Floor Bedroom, First Floor Full Bath
Walk Out Basement, 1st Fl Master Bedroom
No
Brick
Attached, Driveway, Garage
Building Details
Year Built
1960
Listing Agency:
Ann Gorg Realty Corp
Listed By:
Phillip G. Graham
(718) 479-0600
Source:
Compass
Added: Mar 12
Changed: Sep 8
Last Checked: Jul 16 at 7:03AM
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 Ann Gorg Realty Corp
Investment Insights
Based on property information with market context.
This well-maintained three-family building presents an investment opportunity. The property includes one one-bedroom, one-bathroom unit and two two-bedroom, one-bathroom units. Situated on the Brooklyn/Queens border, the location provides convenient access to shopping, dining, and public transportation, enhancing its appeal to potential tenants. The property is located in Brooklyn, New York.
Key Highlights
- Excellent investment potential with three units.
- Located on the desirable Brooklyn/Queens border.
- Close proximity to shopping, dining, and public transportation.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,797
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,375,940
$1.4M
Cap Rate 7%
$982,814
$982.8K
Cap Rate 9%
$764,411
$764.4K
Market Conditions
NOI Build-Up for 2,680 SF
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.
Gross rent
$102.9K $38.40/SF
− Vacancy
−$4.6K −$1.73/SF
EGI
$98.3K $36.67/SF
− OpEx
−$29.5K −$11.00/SF
NOI
$68.8K $25.67/SF
Area
ZIP 11208
Vacancy
4.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,375,940
Cap Rate 7%
$982,814
Cap Rate 9%
$764,411
Alternative Uses
Best Use
Multifamily LT 5
$982.8K
$860.0K – $1.15M
NOI $68,797 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$875.1K
$765.7K – $1.02M
NOI $61,257 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,788 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,841
Businesses Nearby
Explore this area
Business Placement
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property near Brooklyn/Queens border, ideal for investment.
Where is this triplex located?
The property is located at 42 Autumn Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Excellent investment potential with three units.; Located on the desirable Brooklyn/Queens border.; Close proximity to shopping, dining, and public transportation.
