Renovated Brick Three-Family
New
For Sale
$1,695,000
442 Marion St, Brooklyn, NY 11233
Residential Income, Brooklyn, NY
Property Size2,400 SF
Lot Size0.02 Acres
Price / SF$706.25
Days on Market6
Property Features for 442 Marion St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Multi-Family
Bedrooms
7
Bathrooms
6
Full bathrooms
3
Half bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bedroom 7, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 5
Subdivision
Ocean Hill
View
City
Standard status
Active
Size
2,400 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6556
Utilities
Heating system
Natural Gas
Building Details
Year built
1899
Floors in Building
3
Flooring type
Hardwood, Tile
Building materials
Brick
Roof type
Flat
Listing Agency:
REMAX REAL ESTATE PROFESSIONALS
(718) 887-5708
Listed By:
Vito Angelo · License #VITLO524
(718) 532-2000
Added: Oct 6
Changed: Oct 9
Last Checked: Oct 11 at 4:06AM
MLS# 12016032
Copyright © 2026 My State MLS. 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 brick three-family property contains 2,400 square feet across three apartments. The top-floor and ground-floor units each have two bedrooms and two bathrooms; the second-floor unit has three bedrooms and two bathrooms. Each apartment has been renovated, with new kitchens, updated bathrooms, stone countertops, modern cabinetry, refreshed flooring and contemporary fixtures. Mechanical systems have also been upgraded. The building dates to 1899 and uses natural gas heating.
The property is in Bedford-Stuyvesant, near shops, parks and transportation. The ground-floor apartment may be considered for office or other flex-space use, subject to review by an architect.
The property is in Bedford-Stuyvesant, near shops, parks and transportation. The ground-floor apartment may be considered for office or other flex-space use, subject to review by an architect.
Key Highlights
- Three‑family brick property with 2,400 square feet on a 0.023‑acre lot
- Three apartments, each with 2 bathrooms
- Unit mix: 2 bedrooms on the top floor, 3 on the second floor and 2 on the ground floor
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
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
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three updated apartments each have two full bathrooms, with the ground-floor residence also noted as a possible office or flex space.
Where is this triplex located?
The property is located at 442 Marion St 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‑family brick property with 2,400 square feet on a 0.023‑acre lot; Three apartments, each with 2 bathrooms; Unit mix: 2 bedrooms on the top floor, 3 on the second floor and 2 on the ground floor
