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Reimagined Multi-Family Townhouse in Brooklyn
For Sale
$1,749,999
Pending

426 Rogers Ave, Brooklyn, NY 11225

Newly renovated 3-bedroom residences in Prospect Lefferts Gardens.

Property Size4,000 SF
Lot Size0.04 Acres
Days on Market319

Property Features for 426 Rogers Ave

General Information

Standard status Pending
Size 4,000 SF
Lot size 0.04 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $5,004

Building Details

Building Size 4,000 SF
Year Built 1899
Units 3
Listing Agency: Compass
Listed By: Jack LeGuelaff · License #10401326617
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 12 Last Checked: Oct 11 at 7:39AM

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 Compass

Investment Insights

Based on property information with market context.

Located in Prospect Lefferts Gardens, 426 Rogers Avenue is a multi-family townhouse featuring two expansive 3-bedroom residences. The property has been gut-renovated, blending character with modern design. Each unit includes exposed brick walls, high ceilings, and open layouts. Designer kitchens feature premium finishes, and each unit is equipped with a washer and dryer. The property is located on a tree-lined block near Prospect Park, dining options, and train lines. This property is located in Brooklyn.

Key Highlights

  • Two newly renovated, expansive 3‑bedroom residences.
  • Prime location in Prospect Lefferts Gardens, near Prospect Park, dining, and train lines.
  • Gut renovation with modern amenities including in‑unit washer/dryers.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$122,116
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,442,320 $2.4M
Cap Rate 7%
$1,744,514 $1.7M
Cap Rate 9%
$1,356,844 $1.4M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$226.6K $56.64/SF
− Vacancy
−$4.5K −$1.13/SF
EGI
$222.0K $55.51/SF
− OpEx
−$99.9K −$24.98/SF
NOI
$122.1K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,442,320
Cap Rate 7%
$1,744,514
Cap Rate 9%
$1,356,844

Alternative Uses

Best Use
Apartment 5plus
$1.74M
$1.53M – $2.04M (±1% cap)
NOI $122,116 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.31M
$2.90M – $3.86M (±1% cap)
NOI $231,840 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Lace Intimates Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Acupuncture Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,919
Businesses Nearby

Demographics for 11225, NY

58,786
Population
26,703
Households
2.2
Avg Household Size
36
Median Age
48%
College-Educated
89%
High-School Grad
0.9 sq mi
ZIP Area
65,318
Density / Sq Mi
$85,201
Median Household Income
$54,639
Median Earnings
$1,733
Median Rent
$1,218,300
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Newly renovated 3-bedroom residences in Prospect Lefferts Gardens.
Where is this multifamily property located?
The property is located at 426 Rogers Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,749,999.
What are key features of this property?
This property features: Two newly renovated, expansive 3‑bedroom residences.; Prime location in Prospect Lefferts Gardens, near Prospect Park, dining, and train lines.; Gut renovation with modern amenities including in‑unit washer/dryers.
More about this property
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