Renovated Brick
New
For Sale
$1,695,000
442 Marion Street, Brooklyn, NY 11233
Residential, Brooklyn, NY
Property Size2,400 SF
Lot Size0.02 Acres
Price / SF$706.25
Days on Market2
Property Features for 442 Marion Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
7
Bathrooms
6
Full bathrooms
3
Half bathrooms
3
Rooms
Bathroom 4, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 7, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 6
Interior features
Central Air - Split, Refrigerator, Stove
Basement
Full, Finished
Subdivision
Bedford Stuyvesant
Standard status
Active
Size
2,400 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
6556
Building Details
Year built
1899
Floors in Building
3
Number of units
3
Flooring type
Tile, Ceramic, Hardwood
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Real Estate Professiona
(718) 532-2000
Listed By:
Vito Angelo · License #VITLO524
(718) 887-5708
Added: Oct 5
Last Checked: Oct 6 at 5:06AM
MLS# 505076
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.
Investment Insights
Based on property information with market context.
This three-family brick property contains 2,400 square feet across three apartments. The unit mix comprises two two-bedroom, two-bathroom residences and one three-bedroom, two-bathroom residence. Renovations include updated kitchens, cabinetry, stone counters, bathrooms, flooring, and fixtures; mechanical systems have also been upgraded. Split-system central air, a refrigerator, and a stove are among the listed interior features. The building dates to 1899 and sits on a 0.023-acre lot. R6 zoning is listed.
The property is at 442 Marion Street in Brooklyn. Shops, parks, and transportation are among the nearby neighborhood amenities. The first-floor apartment is described as potentially adaptable for flex or professional office use, subject to review by an architect.
The property is at 442 Marion Street in Brooklyn. Shops, parks, and transportation are among the nearby neighborhood amenities. The first-floor apartment is described as potentially adaptable for flex or professional office use, subject to review by an architect.
Key Highlights
- Three apartments: two 2‑bedroom, 2‑bathroom units and one 3‑bedroom, 2‑bathroom unit
- 2,400 square feet on a 0.023‑acre lot
- Brick construction; built in 1899
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,052
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,681,040
$1.7M
Cap Rate 7%
$1,200,743
$1.2M
Cap Rate 9%
$933,911
$933.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$122.4K $51.00/SF
− Vacancy
−$2.3K −$0.97/SF
EGI
$120.1K $50.03/SF
− OpEx
−$36.0K −$15.01/SF
NOI
$84.1K $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%
$1,681,040
Cap Rate 7%
$1,200,743
Cap Rate 9%
$933,911
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,052 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$1.05M
$915.9K – $1.22M
NOI $73,270 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,104 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three updated residences feature split-system central air, refreshed kitchens and bathrooms, and varied hardwood and tile flooring.
Where is this triplex located?
The property is located at 442 Marion Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom, 2‑bathroom units and one 3‑bedroom, 2‑bathroom unit; 2,400 square feet on a 0.023‑acre lot; Brick construction; built in 1899
