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 Market227
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: Oct 12
Last Checked: Oct 23 at 9:30AM
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
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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 / Yr
$68,797
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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.
